{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-004201","form_type":"8-K","ticker":"NNN","cik":"0000751364","company_name":"NNN REIT, INC.","filed_at":"2025-01-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.271216+00:00","generated_at":"2026-05-28T05:57:02.785586+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"NNN REIT CFO Kevin Habicht to retire Mar 31, 2025; Vincent Chao appointed successor","bullets":["Kevin Habicht to retire as EVP/CFO effective March 31, 2025; will provide up to 20 months consulting at $45k/month.","Vincent Chao appointed EVP Jan 9, 2025, and will become CFO, Asst. Secretary, Treasurer on April 1, 2025.","Chao receives $500k base salary, $75k sign-on with 25% tax gross-up, 10,000 restricted shares vesting Jan 2028.","Chao most recently Managing Director Finance at RPT Realty; previously Head of U.S. REIT Research at Deutsche Bank.","Habicht's time-based restricted stock awards vest immediately; performance-based awards vest prorated through consulting period."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-004201","json":"https://secwatch.observer/filing/0000950170-25-004201.json","markdown":"https://secwatch.observer/filing/0000950170-25-004201.md","text":"https://secwatch.observer/filing/0000950170-25-004201.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/751364/000095017025004201/0000950170-25-004201-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/751364/000095017025004201/nnn-20250106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T05:57:02.785586+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":"baf002a1cb","claim":"Vincent H. Chao changed role as Chief Financial Officer, Assistant Secretary, Treasurer at NNN REIT, INC..","evidence_excerpt":"Effective on April 1, 2025, Mr. Chao will assume the positions of Chief Financial Officer, Assistant Secretary and Treasurer","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/751364/000095017025004201/0000950170-25-004201-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will assume"},{"label":"Role","value":"Chief Financial Officer, Assistant Secretary, Treasurer"}],"fact_type":"executive_change"},{"claim_id":"e513d14d5e","claim":"Vincent H. Chao was appointed as Executive Vice President at NNN REIT, INC..","evidence_excerpt":"the Board has appointed Vincent H. Chao, age 50, as Mr. Habicht’s successor. As of January 9, 2025 (such date, the “Appointment Effective Date”), Mr. Chao will be appointed as an Executive Vice President.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/751364/000095017025004201/0000950170-25-004201-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Vice President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}