Pong Jonathan 4

What Happened Jonathan Pong, EVP, Chief Financial Officer and Treasurer of Realty Income Corp (ticker: O), was granted 7,110 restricted shares/units on February 17, 2026. The grant was reported as an acquisition (transaction code A) at $0.00 per share (no cash paid). Total reported acquisition value: $0. This is a compensation award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (appears timely).
• Transaction type/code: A — Award/Grant; price reported: $0.00.
• Shares granted: 7,110 restricted shares/units.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: F1 — Represents restricted share and unit awards granted through an incentive plan; no consideration was paid. Shares vest ratably over four years.
• No 10b5-1, tax-withholding sale, or immediate disposition noted.

Context This was a standard equity compensation grant to an executive—restricted shares that vest over time as part of incentive compensation. Such awards compensate and retain executives and do not by themselves indicate an immediate buy or sell signal in the market.