other material
confidence high
sentiment neutral
materiality 0.10
Realty Income adopts deferred compensation plan effective Dec 1, 2024
REALTY INCOME CORP
- Plan allows eligible executives and non-employee directors to defer up to 75% of base salary and 100% of bonus, equity awards.
- Approved Nov 25, 2024; effective Dec 1, 2024; plan is unfunded and intended to comply with IRC Section 409A.
- Deferrals credited to accounts with notional investment options; payment in lump sum or installments up to 10 years.
- No specific financial impact disclosed; plan described as attracting and retaining key personnel.