Whyte Gregory J. 4
Research Summary
AI-generated summary
Realty Income (O) COO Gregory Whyte Sells 2,085 Shares
What Happened
- Gregory J. Whyte, Chief Operating Officer of Realty Income (ticker: O), had two withholding dispositions on February 15, 2026: 1,091 shares and 994 shares were withheld/disposed to cover tax obligations. Both tranches were recorded at $65.66 per share, totaling $71,635 and $65,266 respectively, or about $136,901 combined. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-15
- Per-share price reported: $65.66 (closing price on NYSE on Feb 13, 2026; footnote)
- Dispositions: 1,091 shares ($71,635) and 994 shares ($65,266); total 2,085 shares (~$136,901)
- Footnotes: Withholdings relate to the automatic withholding of shares upon issuance of 1,839 and 1,810 shares on Feb 15, 2026; withholding amounts were determined based on required/local tax withholding rates.
- Shares owned after transaction: Not specified in the provided filing excerpt
- Filing timeliness: No late-filing flag indicated in the provided information
Context
- These transactions represent shares withheld to satisfy tax withholding on share issuances (a routine administrative action), not a discretionary sale by the insider. Such withholdings are common when restricted stock or similar awards vest and do not necessarily signal the insider’s view of the stock.