Roy Sumit sold O
January 1, 2024 · Form 4 insider transaction
Roy Sumit sold 20,194 shares of Realty Income Corporation at $57.42 per share, a transaction worth $1.16M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
This amount represents shares automatically withheld upon the vesting of 36,671 performance shares on January 1, 2024 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 February 13, 2020.; Reflects the closing sale price of the Issuer's common stock as reported on the New York Stock Exchange on December 29, 2023.