Abraham Neil 4

What Happened

• Abraham Neil — President, Realty Income International; Executive Vice President & Chief Strategy Officer — received equity awards totaling 41,360 shares on Feb 17, 2026 (two grants: 30,654 and 10,706 shares). No cash consideration was paid for the grants.
• On the same date, 8,265 shares were disposed/withheld to satisfy tax withholding obligations at a closing NYSE price of $66.49 per share, producing a withholding value of about $549,540.

Key Details

• Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (timely within the normal 2‑business‑day window).
• Awarded shares: 30,654 and 10,706 (total 41,360) granted at $0.00 (no cash paid).
• Withheld/disposed shares: 8,265 shares at $66.49 (closing price) = $549,540 (footnote indicates these were withheld to cover taxes).
• Footnotes:
  • F1: Part of the grant are performance shares from a Feb 13, 2023 award — 50% vested immediately; remaining 50% time-vest through Jan 1, 2027.
  • F2: Filing notes 15,327 shares were issued on Feb 17, 2026 and 8,265 were automatically withheld for tax withholding (amount based on applicable withholding rules).
  • F4: Other granted shares are through an incentive plan and vest ratably over four years.
• Shares owned after the transaction: not disclosed in the supplied filing excerpt.

Context

• The 8,265-share disposition reflects automatic tax withholding (a common, non‑market sale mechanism) rather than an open‑market sell order; it’s routine when equity awards vest or are issued.
• Awards and withholding do not by themselves signal insider market timing or broader sentiment; they reflect compensation and associated tax obligations.