Realty Income said stockholders approved an amendment at the May 13, 2025 annual meeting to the 2021 Incentive Award Plan that changes annual and initial grants of restricted stock or RSUs to non-employee directors from a fixed 4,000 shares to a number equal to $200,000 divided by the closing price of common stock on the grant date.

1. 01

   Realty Income said stockholders approved an amendment at the May 13, 2025 annual meeting to the 2021 Incentive Award Plan that changes annual and initial grants of restricted stock or RSUs to non-employee directors from a fixed 4,000 shares to a number equal to $200,000 divided by the closing price of common stock on the grant date.

2. 02

   The company said the board adopted the amendment on February 19, 2025 and it took effect on the annual meeting date. Votes on the amendment were 584,971,034 for, 29,264,751 against, 2,518,514 abstentions and 132,934,343 broker non-votes.

3. 03

   Realty Income said all 10 director nominees were elected at the annual meeting on May 13, 2025 to serve until the 2026 annual meeting. Common stock entitled to vote on the record date, March 3, 2025, totaled 891,769,159 shares.

4. 04

   The company said stockholders approved the selection of KPMG LLP as independent auditor for the fiscal year ending December 2025, with 679,390,347 votes for and 69,072,328 against. On the non-binding advisory vote on executive compensation, the votes were 570,950,481 for and 43,098,225 against.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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