secwatch.observer — SEC 8-K summary
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Issuer:     NNN REIT, INC. (NNN)
CIK:        0000751364
Form:       8-K
Filed at:   2025-08-01T23:59:59+00:00
Accession:  0000950170-25-101402
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NNN REIT promotes Joshua P. Lewis to EVP, Chief Investment Officer effective Aug 1, 2025
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- Lewis promoted to EVP, Chief Investment Officer; base salary set at $375,000 per year.
- Eligible for annual cash performance bonus and equity awards under 2017 Performance Incentive Plan.
- Designated participant in Executive Severance Plan with termination multiple of 1.5x and change of control multiple of 2x.
- Also receives $500/month car allowance, long-term disability, and life insurance benefits.
- Lewis joined NNN in 2008, previously SVP Head of Acquisitions since Aug 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/751364/000095017025101402/0000950170-25-101402-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/751364/000095017025101402/nnn-20250801.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-101402

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer