{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-109398","form_type":"8-K","ticker":"NNN","cik":"0000751364","company_name":"NNN REIT, INC.","filed_at":"2025-08-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.285174+00:00","generated_at":"2026-05-17T12:40:20.459049+00:00","sec_items":["8.01"],"event_type":"regulatory","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"NNN REIT reports legislation permanently extends 20% dividend deduction; REIT subsidiary asset limit to 25%","bullets":["Non-corporate shareholders' 20% deduction on ordinary dividends made permanent, no longer expiring end of 2025.","Effective Jan 1, 2026, the 20% asset test quarterly limit on taxable REIT subsidiary securities rises to 25%.","Modifications to previous prospectus tax disclosures due to new legislation.","No financial impact, guidance, or other material business changes reported."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-109398","json":"https://secwatch.observer/filing/0000950170-25-109398.json","markdown":"https://secwatch.observer/filing/0000950170-25-109398.md","text":"https://secwatch.observer/filing/0000950170-25-109398.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/751364/000095017025109398/0000950170-25-109398-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/751364/000095017025109398/nnn-20250815.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T12:40:20.459049+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}