December 31, 2023 · Form 4 insider transaction
Hagan Mark E sold 1,347 shares of Realty Income Corporation at $57.42 per share, a transaction worth $77.3K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 3 days after the transaction.
This amount represents shares automatically withheld upon the vesting of 2,504 performance shares on December 31, 2023 and 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. These performance shares were previously reported as a result of the Company having met certain performance criteria pursuant to the reporting person's grant on November 15, 2021.; Reflects the closing sale price of the Issuer's common stock as reported on the New York Stock Exchange on December 29, 2023.