Hagan Mark E 4

4 · REALTY INCOME CORP · Filed Feb 18, 2026

AI-generated summary of this filing

Updated Feb 18, 2026

Realty Income (O) EVP Mark Hagan Withholds 2,771 Shares for Taxes

What Happened

Mark E. Hagan, Executive Vice President & Chief Investment Officer of Realty Income (O), had a total of 2,771 shares of Realty Income common stock withheld to satisfy tax withholding obligations related to share issuances on February 15, 2026.
The withholding transactions were for 1,322 shares ($65.66/share, $86,803) and 1,449 shares ($65.66/share, $95,141), totaling $181,944 at the reported per-share price.

Key Details

Transaction date: 2026-02-15; Filing date: 2026-02-18 (filed within the SEC timing window).
Price used: $65.66 per share (closing sale price on NYSE on Feb 13, 2026).
Shares withheld (dispositions): 1,322 and 1,449 (total 2,771). Total value ≈ $181,944.
Underlying issuance: Footnotes indicate these withholdings were taken upon the issuance of 2,452 shares and 2,687 shares on Feb 15, 2026 (combined issuance 5,139 shares).
Transaction code: F (shares withheld to satisfy tax withholding).
Shares owned after the transaction: Not specified in the provided filing excerpt.

Context

These were not open-market sales but automatic share withholdings by the company to cover tax obligations tied to newly issued shares (commonly associated with vested awards or net settlement after option exercise). Such withholdings are routine and do not necessarily signal insider buying or selling intent.

Form 4

Period: 2026-02-15

EVP, Chief Investment Officer

Transactions

Tax Payment
Common Stock
[F1][F2]
2026-02-15$65.66/sh−1,322$86,803→ 78,151 total
Tax Payment
Common Stock
[F3][F2]
2026-02-15$65.66/sh−1,449$95,141→ 76,702 total

Footnotes (3)

[F1]Represents shares automatically withheld upon the issuance of 2,452 shares of common stock on February 15, 2026, which amount is determined based upon the greater of such holder's minimum required tax withholding rate or the highest withholding rate permitted under the rules of the applicable taxing authority for tax withholding.
[F2]Reflects the closing sale price of the Issuer's common stock as reported on the New York Stock Exchange on February 13, 2026.
[F3]Represents shares automatically withheld upon the issuance of 2,687 shares of common stock on February 15, 2026, which amount is determined based upon the greater of such holder's minimum required tax withholding rate or the highest withholding rate permitted under the rules of the applicable taxing authority for tax withholding.

Signature

/s/ Bianca Martinez, by Power of Attorney|2026-02-18

1 file