{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-263635","form_type":"8-K","ticker":"NNN","cik":"0000751364","company_name":"NNN REIT, INC.","filed_at":"2025-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.083433+00:00","generated_at":"2026-05-17T00:46:16.072964+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"NNN REIT posts Q3 2025 Core FFO $0.85, AFFO $0.86; raises full-year guidance","bullets":["Net earnings $0.51 per diluted share, down from $0.53 in Q3 2024.","Core FFO per share $0.85 (+1.2% YoY); AFFO per share $0.86 (+2.4% YoY).","Acquired $283M in Q3 at 7.3% cap rate; YTD volume $748M exceeds prior high-end guidance.","Raises 2025 Core FFO guidance to $3.36-$3.40 and AFFO to $3.41-$3.45.","Quarterly dividend $0.60 (+3.4% YoY); balance sheet 5.6x net debt/EBITDA with $1.4B liquidity."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-263635","json":"https://secwatch.observer/filing/0001193125-25-263635.json","markdown":"https://secwatch.observer/filing/0001193125-25-263635.md","text":"https://secwatch.observer/filing/0001193125-25-263635.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/751364/000119312525263635/0001193125-25-263635-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/751364/000119312525263635/nnn-20251104.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:46:16.072964+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"}