Realty Income ($O): EVP & Chief Legal Officer Michelle Bushore to depart; announced Mar 2, 2026.
Filed with the SEC on · Summarized by InvestorsBot
Realty Income ($O): EVP & Chief Legal Officer Michelle Bushore to depart; announced Mar 2, 2026. She will remain through Sept 2, 2026 transition period while the company searches for a new CLO. 🏢📅 #RealEstate #Leadership
Separation is a "Qualifying Termination" under Realty Income's Executive Severance Plan; Bushore will receive severance benefits subject to timely execution/non‑revocation of a general release. $O ⚖️ #SEC #CorporateGovernance
Transition Agreement (dated Feb 26, 2026): Bushore will receive a retention equity grant equal to $512,663 ÷ closing price on Feb 26, 2026; fully vests if she stays through Sept 2, 2026 and signs the release. Agreement to be filed as 10‑Q exhibit. $O 💼 #Investing #RealEstate