GILYARD REGINALD HAROLD 4

What Happened
Reginald Harold Gilyard, a director of Realty Income Corp (O), received a grant of 3,214 shares on 2026-05-21. The shares were awarded at no cost (reported price $0.00), so the reported acquisition value is $0. This is an equity award (grant), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-21; Filing date (Form 4): 2026-05-26.
• Reported price: $0.00 per share; Total reported value: $0.
• Grant size: 3,214 shares.
• Vesting: Shares vest on the first anniversary of the grant date (Footnote F1).
• Ownership vehicle: Shares granted by The Gilyard Family Trust under Declaration of Trust dated March 27, 2015 (Footnote F2).
• Shares owned after the transaction: not specified in the information provided.

Context
This was an award under an incentive plan rather than a cash purchase or sale; such grants typically reflect compensation or retention arrangements and do not by themselves indicate insider buying or selling sentiment. Because the shares vest in one year, the award carries a vesting condition before the director has full, unconstrained ownership. Check the full Form 4 for any additional notes or timing disclosures.