---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-202905"
form_type: "8-K"
ticker: "NNN"
cik: "0000751364"
company_name: "NNN REIT, INC."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T10:04:00.396494+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NNN REIT enters ATM equity offering for up to 17.5M shares, terminates prior program

## Summary
- Equity distribution agreement allows sale of up to 17,500,000 common shares at-the-market.
- Company may also enter forward sale agreements with forward purchasers for borrowed shares.
- Sales agents receive commissions up to 2.0% of gross sales price; similar rate for forward sales.
- Prior ATM program from August 2020 terminated concurrently with this new agreement.
- Shares will be issued under S-3ASR filed Aug 2, 2023, and prospectus supplement dated Aug 3, 2023.

## SEC filing metadata
- accession: 0001193125-23-202905
- form_type: 8-K
- ticker: NNN
- cik: 0000751364
- company_name: NNN REIT, INC.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/751364/000119312523202905/0001193125-23-202905-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/751364/000119312523202905/d490152d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-202905
- JSON: https://secwatch.observer/filing/0001193125-23-202905.json
- Plain text: https://secwatch.observer/filing/0001193125-23-202905.txt

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