---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-040785"
form_type: "8-K"
ticker: "NNN"
cik: "0000751364"
company_name: "NNN REIT, INC."
filed_at: "2025-03-18T23:59:59+00:00"
generated_at: "2026-05-24T14:50:34.700570+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# NNN REIT amends bylaws to allow one-director committees, drop independence qualifications

## Summary
- Board approved Sixth Amendment to Third Amended and Restated Bylaws on March 13, 2025.
- Article IV, Section I now permits board committees to consist of one or more directors, removing prior minimum.
- Eliminated internal director independence requirements for committee service, deferring to SEC/NYSE rules.

## SEC filing metadata
- accession: 0000950170-25-040785
- form_type: 8-K
- ticker: NNN
- cik: 0000751364
- company_name: NNN REIT, INC.
- filed_at: 2025-03-18T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/751364/000095017025040785/0000950170-25-040785-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/751364/000095017025040785/nnn-20250313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-040785
- JSON: https://secwatch.observer/filing/0000950170-25-040785.json
- Plain text: https://secwatch.observer/filing/0000950170-25-040785.txt

## Key facts
- Governance Changes
  NNN REIT, INC.: Board committees may now be comprised of one or more directors and independence requirements for committee members eliminated as such requirements are governed by SEC and NYSE rules (effective 2025-03-13).
  - Change: bylaw amendment
  - Effective: 2025-03-13
  source text: the Board of Directors of NNN REIT, Inc. (the “Company”) approved the Sixth Amendment to the Third Amended and Restated Bylaws of the Company, which amended Article IV, Section I of the Company’s Third Amended and Restated Bylaws such that any Board committee may be comprised of one or more directors and to eliminate any requirements regarding the independence of directors who may serve on Board committees as such independence requirements are governed by rules and regulations of the Securities and Exchange Commission and the New York Stock Exchange.
  evidence_url: https://www.sec.gov/Archives/edgar/data/751364/000095017025040785/0000950170-25-040785-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.