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[Form 4] NNN REIT, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

GoDaddy Inc. (GDDY) � Form 144 notice. Chief Legal Officer Jared Franklin Sine intends to sell up to 475 common shares, worth roughly $76.2 k, through Morgan Stanley Smith Barney on or after 01 Aug 2025. The stock was received as restricted shares on 01 Apr 2025. With 142.49 m shares outstanding, the proposed sale equals just 0.0003 % of float, making it immaterial to capitalization.

The filer previously disposed of 2,293 shares between 16 May � 02 Jul 2025 for total proceeds of about $431 k. No 10b5-1 plan adoption date is indicated. The signer certifies there is no undisclosed adverse information. Apart from this small insider transaction, the filing contains no operational or financial performance data.

GoDaddy Inc. (GDDY) � Avviso Modulo 144. Il Chief Legal Officer Jared Franklin Sine intende vendere fino a 475 azioni ordinarie, del valore approssimativo di 76,2 mila $, tramite Morgan Stanley Smith Barney a partire dal 01 agosto 2025. Le azioni sono state ricevute come azioni vincolate il 01 aprile 2025. Con 142,49 milioni di azioni in circolazione, la vendita proposta rappresenta solo lo 0,0003% del flottante, risultando quindi irrilevante per la capitalizzazione.

Il dichiarante ha precedentemente venduto 2.293 azioni tra il 16 maggio e il 02 luglio 2025 per un ricavo totale di circa 431 mila $. Non è indicata una data di adozione del piano 10b5-1. Il firmatario certifica che non esistono informazioni negative non divulgate. A parte questa piccola transazione interna, il documento non contiene dati operativi o di performance finanziaria.

GoDaddy Inc. (GDDY) � Aviso de Formulario 144. El Director Legal Jared Franklin Sine tiene la intención de vender hasta 475 acciones ordinarias, con un valor aproximado de 76,2 mil $, a través de Morgan Stanley Smith Barney a partir del 01 de agosto de 2025. Las acciones fueron recibidas como acciones restringidas el 01 de abril de 2025. Con 142,49 millones de acciones en circulación, la venta propuesta equivale a solo el 0,0003 % del flotante, por lo que es insignificante para la capitalización.

El declarante previamente vendió 2.293 acciones entre el 16 de mayo y el 02 de julio de 2025 por un total aproximado de 431 mil $. No se indica fecha de adopción del plan 10b5-1. El firmante certifica que no existe información adversa no divulgada. Aparte de esta pequeña transacción interna, el documento no contiene datos operativos ni de desempeño financiero.

GoDaddy Inc. (GDDY) � Form 144 공지. 최고 법률 책임� Jared Franklin Sine은 2025� 8� 1� 또는 � 이후� Morgan Stanley Smith Barney� 통해 475 보통�� � 76,200달러 상당으로 매도� 예정입니�. 해당 주식은 2025� 4� 1일에 제한 주식으로 수령되었습니�. 발행 주식 수가 1� 4,249� �� 가운데, 제안� 매도� 유통 주식� 0.0003%� 불과하여 자본금에 미치� 영향은 미미합니�.

신고자는 2025� 5� 16일부� 7� 2� 사이� 2,293�� 매도하여 � 431,000달러� � 수익� 올렸습니�. 10b5-1 계획 채택일은 명시되어 있지 않습니다. 서명자는 공개되지 않은 부정적� 정보가 없음� 증명합니�. � 작은 내부� 거래 외에� 운영 또는 재무 성과 데이터가 포함되어 있지 않습니다.

GoDaddy Inc. (GDDY) � Avis de formulaire 144. Le directeur juridique Jared Franklin Sine prévoit de vendre jusqu’� 475 actions ordinaires, d’une valeur d’environ 76,2 k$, via Morgan Stanley Smith Barney à partir du 1er août 2025. Les actions ont été reçues en tant qu’actions restreintes le 1er avril 2025. Avec 142,49 millions d’actions en circulation, la vente proposée représente seulement 0,0003 % du flottant, ce qui est négligeable pour la capitalisation.

Le déclarant a précédemment cédé 2 293 actions entre le 16 mai et le 2 juillet 2025 pour un produit total d’environ 431 k$. Aucune date d’adoption d’un plan 10b5-1 n’est indiquée. Le signataire certifie qu’il n’existe aucune information négative non divulguée. En dehors de cette petite transaction d’initié, le dossier ne contient pas de données opérationnelles ou de performance financière.

GoDaddy Inc. (GDDY) � Form 144 Mitteilung. Chief Legal Officer Jared Franklin Sine beabsichtigt, bis zu 475 Stammaktien im Wert von etwa 76,2 Tsd. $ über Morgan Stanley Smith Barney am oder nach dem 01. August 2025 zu verkaufen. Die Aktien wurden am 01. April 2025 als eingeschränkte Aktien erhalten. Bei 142,49 Mio. ausstehenden Aktien entspricht der geplante Verkauf nur 0,0003 % des Streubesitzes und ist somit für die Kapitalisierung unerheblich.

Der Melder hat zuvor zwischen dem 16. Mai und dem 02. Juli 2025 2.293 Aktien veräußert und dabei Gesamterlöse von etwa 431 Tsd. $ erzielt. Ein Datum für die Einführung eines 10b5-1-Plans wird nicht angegeben. Der Unterzeichner bestätigt, dass keine nicht offengelegten negativen Informationen vorliegen. Abgesehen von dieser kleinen Insider-Transaktion enthält die Meldung keine operativen oder finanziellen Leistungsdaten.

Positive
  • None.
Negative
  • Ongoing insider selling: The Chief Legal Officer has sold or plans to sell 2,768 shares since May 2025, which could be perceived negatively despite the small percentage.

Insights

TL;DR: Small insider sale (<0.001 % float); negligible direct impact, but continues modest selling trend.

At only 475 shares, the planned disposition is too small to influence liquidity or valuation. Aggregate insider sales of 2,293 shares in the last three months represent ~0.002 % of shares outstanding—insufficient to alter ownership structure or market sentiment for a $14 bn-cap company. Nonetheless, investors tracking insider behavior may note the steady drip of sales by the Chief Legal Officer. No 10b5-1 plan date is given, so timing motives are unclear. Overall, the filing is informational rather than market-moving.

GoDaddy Inc. (GDDY) � Avviso Modulo 144. Il Chief Legal Officer Jared Franklin Sine intende vendere fino a 475 azioni ordinarie, del valore approssimativo di 76,2 mila $, tramite Morgan Stanley Smith Barney a partire dal 01 agosto 2025. Le azioni sono state ricevute come azioni vincolate il 01 aprile 2025. Con 142,49 milioni di azioni in circolazione, la vendita proposta rappresenta solo lo 0,0003% del flottante, risultando quindi irrilevante per la capitalizzazione.

Il dichiarante ha precedentemente venduto 2.293 azioni tra il 16 maggio e il 02 luglio 2025 per un ricavo totale di circa 431 mila $. Non è indicata una data di adozione del piano 10b5-1. Il firmatario certifica che non esistono informazioni negative non divulgate. A parte questa piccola transazione interna, il documento non contiene dati operativi o di performance finanziaria.

GoDaddy Inc. (GDDY) � Aviso de Formulario 144. El Director Legal Jared Franklin Sine tiene la intención de vender hasta 475 acciones ordinarias, con un valor aproximado de 76,2 mil $, a través de Morgan Stanley Smith Barney a partir del 01 de agosto de 2025. Las acciones fueron recibidas como acciones restringidas el 01 de abril de 2025. Con 142,49 millones de acciones en circulación, la venta propuesta equivale a solo el 0,0003 % del flotante, por lo que es insignificante para la capitalización.

El declarante previamente vendió 2.293 acciones entre el 16 de mayo y el 02 de julio de 2025 por un total aproximado de 431 mil $. No se indica fecha de adopción del plan 10b5-1. El firmante certifica que no existe información adversa no divulgada. Aparte de esta pequeña transacción interna, el documento no contiene datos operativos ni de desempeño financiero.

GoDaddy Inc. (GDDY) � Form 144 공지. 최고 법률 책임� Jared Franklin Sine은 2025� 8� 1� 또는 � 이후� Morgan Stanley Smith Barney� 통해 475 보통�� � 76,200달러 상당으로 매도� 예정입니�. 해당 주식은 2025� 4� 1일에 제한 주식으로 수령되었습니�. 발행 주식 수가 1� 4,249� �� 가운데, 제안� 매도� 유통 주식� 0.0003%� 불과하여 자본금에 미치� 영향은 미미합니�.

신고자는 2025� 5� 16일부� 7� 2� 사이� 2,293�� 매도하여 � 431,000달러� � 수익� 올렸습니�. 10b5-1 계획 채택일은 명시되어 있지 않습니다. 서명자는 공개되지 않은 부정적� 정보가 없음� 증명합니�. � 작은 내부� 거래 외에� 운영 또는 재무 성과 데이터가 포함되어 있지 않습니다.

GoDaddy Inc. (GDDY) � Avis de formulaire 144. Le directeur juridique Jared Franklin Sine prévoit de vendre jusqu’� 475 actions ordinaires, d’une valeur d’environ 76,2 k$, via Morgan Stanley Smith Barney à partir du 1er août 2025. Les actions ont été reçues en tant qu’actions restreintes le 1er avril 2025. Avec 142,49 millions d’actions en circulation, la vente proposée représente seulement 0,0003 % du flottant, ce qui est négligeable pour la capitalisation.

Le déclarant a précédemment cédé 2 293 actions entre le 16 mai et le 2 juillet 2025 pour un produit total d’environ 431 k$. Aucune date d’adoption d’un plan 10b5-1 n’est indiquée. Le signataire certifie qu’il n’existe aucune information négative non divulguée. En dehors de cette petite transaction d’initié, le dossier ne contient pas de données opérationnelles ou de performance financière.

GoDaddy Inc. (GDDY) � Form 144 Mitteilung. Chief Legal Officer Jared Franklin Sine beabsichtigt, bis zu 475 Stammaktien im Wert von etwa 76,2 Tsd. $ über Morgan Stanley Smith Barney am oder nach dem 01. August 2025 zu verkaufen. Die Aktien wurden am 01. April 2025 als eingeschränkte Aktien erhalten. Bei 142,49 Mio. ausstehenden Aktien entspricht der geplante Verkauf nur 0,0003 % des Streubesitzes und ist somit für die Kapitalisierung unerheblich.

Der Melder hat zuvor zwischen dem 16. Mai und dem 02. Juli 2025 2.293 Aktien veräußert und dabei Gesamterlöse von etwa 431 Tsd. $ erzielt. Ein Datum für die Einführung eines 10b5-1-Plans wird nicht angegeben. Der Unterzeichner bestätigt, dass keine nicht offengelegten negativen Informationen vorliegen. Abgesehen von dieser kleinen Insider-Transaktion enthält die Meldung keine operativen oder finanziellen Leistungsdaten.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
FRITSCH EDWARD J

(Last) (First) (Middle)
450 S. ORANGE AVE., SUITE 900

(Street)
ORLANDO FL 32801

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NNN REIT, INC. [ NNN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/31/2025 07/31/2025 A 861(1) A $42.1 61,908 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares were acquired pursuant to a stock award under the NNN REIT 2017 Performance Incentive Plan, as amended by Amendment No. 1 in 2023, in a transacton 16-b.
/s/ Edward J. Fritsch 08/01/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many GoDaddy (GDDY) shares are being registered in this Form 144?

The notice covers 475 common shares, valued at approximately $76,223.

Who is the insider selling GoDaddy stock?

The filer is Jared Franklin Sine, GoDaddy’s Chief Legal Officer.

When is the planned sale date for the 475 shares?

The shares may be sold on or after August 1, 2025.

Is the proposed sale material to GoDaddy’s share count?

No. 475 shares equal roughly 0.0003 % of the 142.49 m shares outstanding.

Have there been recent insider sales by the same executive?

Yes. Sine sold 2,293 shares between May 16 and July 2, 2025 for about $431 k in gross proceeds.
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