Form 8-K · Current report
Realty Income 8-K, filed Nov 6, 2026
- Filed
- CIK
- 0000726728
- Accession no.
- 0000726728-26-000063
Summary
Realty Income's Compensation and Talent Committee adopted the Realty Income 2026 Promote Award Plan on November 3, 2026, making certain employees — including named executive officers — eligible for bonuses tied to incentive allocations the company group receives from designated investment funds and joint ventures. Bonus pools may not exceed 40% of the incentive allocation for a measurement period, and awards to executive participants are paid in stock-based awards, subject to vesting and to the company's compensation clawback policy.
Key points
- Eligibility covers employees of Realty Income and its subsidiaries who provide services to designated funds or joint ventures, as selected by the Compensation and Talent Committee.
- Each bonus pool may not exceed 40% of the incentive allocation paid to the company group for the applicable measurement period.
- Unless the committee determines otherwise, stock-based awards vest 50% on the grant date and 50% on the first anniversary, and cash bonuses are paid in a lump sum on the next payroll date after approval.
- No participant may receive aggregate annual bonuses under the plan worth more than two times the sum of base salary, target annual bonus and target annual equity award value, and awards are subject to the company's clawback policy.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
- 9.01Financial Statements and Exhibits
From the filing
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 3, 2026, the Compensation and Talent Committee (the “Committee”) of the Board of Directors of Realty Income Corporation (the “Company”) adopted the Realty Income 2026 Promote Award Plan (the “Plan”), pursuant to which certain employees of the Company and its direct or indirect subsidiaries (together, the “Company Group”), including our named executive officers, will be eligible to receive bonus awards based on the incentive allocation received by the Company Group with respect to certain investment funds, joint ventures and…
An excerpt of the text as filed with the SEC, cut for length.
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