---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-132405"
form_type: "8-K"
ticker: "O"
cik: "0000726728"
company_name: "REALTY INCOME CORP"
filed_at: "2021-11-01T23:59:59+00:00"
generated_at: "2026-06-28T15:57:23.147636+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Realty Income closes merger with VEREIT; issues 161.6M shares; plans Orion spin-off Nov 12

## Summary
- VEREIT stockholders received 0.705 Realty Income shares per share; ~161.6M total shares issued.
- Two former VEREIT directors, Priscilla Almodovar and Mary Hogan Preusse, appointed to Realty Income board.
- Realty Income assumed $4.65B of VEREIT notes; exchange offers for Realty Notes expire Nov 5, 2021.
- Spin-off of office assets into Orion Office REIT expected Nov 12; record date Nov 2, 2021.
- Board increased from 10 to 12; new directors each receive 4,000 restricted shares vesting over 3 years.

## SEC filing metadata
- accession: 0001104659-21-132405
- form_type: 8-K
- ticker: O
- cik: 0000726728
- company_name: REALTY INCOME CORP
- filed_at: 2021-11-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/726728/000110465921132405/0001104659-21-132405-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/726728/000110465921132405/tm2128361d8_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-132405
- JSON: https://secwatch.observer/filing/0001104659-21-132405.json
- Plain text: https://secwatch.observer/filing/0001104659-21-132405.txt

## Key facts
- Executive change
  Mary Hogan Preusse was appointed as director at REALTY INCOME CORP.
  - Action: appointed
  - Role: director
  source text: the Board increased the total number of directors from 10 to 12 and appointed each of Priscilla Almodovar and Mary Hogan Preusse to serve as directors on the Board until Realty Income’s 2022 annual meeting of stockholders and until their respective successors are duly elected and qualified.
  evidence_url: https://www.sec.gov/Archives/edgar/data/726728/000110465921132405/0001104659-21-132405-index.htm
- Executive change
  Priscilla Almodovar was appointed as director at REALTY INCOME CORP.
  - Action: appointed
  - Role: director
  source text: the Board increased the total number of directors from 10 to 12 and appointed each of Priscilla Almodovar and Mary Hogan Preusse to serve as directors on the Board until Realty Income’s 2022 annual meeting of stockholders and until their respective successors are duly elected and qualified.
  evidence_url: https://www.sec.gov/Archives/edgar/data/726728/000110465921132405/0001104659-21-132405-index.htm

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