{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-050912","form_type":"8-K","ticker":"NNN","cik":"0000751364","company_name":"NNN REIT, INC.","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.904577+00:00","generated_at":"2026-06-03T03:31:57.311204+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Q1 2024 FFO per share up 3.8% YoY; AFFO per share up 2.4%","bullets":["Revenues $215.4M, net earnings $94.4M ($0.52/shr) vs $90.2M ($0.50) a year ago.","FFO per share $0.83 ($151.3M), Core FFO $0.83, AFFO $0.84 – all YoY increases.","Occupancy 99.4%; weighted avg remaining lease term 10.0 years.","Invested $124.5M in 20 properties at 8.0% initial cash cap rate; sold 6 properties for $18.5M ($4.8M gains).","Issued 519,494 common shares for $21.5M net proceeds."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-050912","json":"https://secwatch.observer/filing/0000950170-24-050912.json","markdown":"https://secwatch.observer/filing/0000950170-24-050912.md","text":"https://secwatch.observer/filing/0000950170-24-050912.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/751364/000095017024050912/0000950170-24-050912-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/751364/000095017024050912/nnn-20240501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T03:31:57.311204+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"148877b1f51a4813e02f3a4290166d5a123bf898","claim":"NNN REIT, INC. reported the quarter ended March 31, 2024 results: revenue $ 215,407, net income $ 94,371, EPS $ 0.52.","evidence_excerpt":"Revenues $ 215,407 $ 204,108 Net earnings $ 94,371 $ 90,167 Net earnings per share $ 0.52 $ 0.50","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/751364/000095017024050912/0000950170-24-050912-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$ 215,407"},{"label":"Net income","value":"$ 94,371"},{"label":"EPS","value":"$ 0.52"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}