Realty Income Corp. Files 8-K on Security Holder Votes
Ticker: O · Form: 8-K · Filed: 2024-06-03T00:00:00.000Z
Sentiment: neutral
Topics: debt, preferred-stock, voting
TL;DR
Realty Income filed an 8-K detailing votes and listing various debt notes and preferred stock series.
AI Summary
Realty Income Corp. filed an 8-K on June 3, 2024, to report matters submitted to a vote of security holders on May 30, 2024. The filing details various series of senior unsecured notes and preferred stock, including their respective due dates and interest rates, such as the 1.125% Senior Unsecured Notes due July 2027 and the 6.000% Senior Unsecured Notes due 2039.
Why It Matters
This filing provides transparency into the voting matters and the company's outstanding debt and preferred stock, which are crucial for investors assessing financial health and risk.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of voting matters and existing financial instruments, not indicating new or significant risks.
Key Numbers
- 1.125% — Interest Rate (Senior Unsecured Notes due July 2027)
- 6.000% — Interest Rate (Senior Unsecured Notes due 2039)
- 2027 — Maturity Year (Senior Unsecured Notes)
- 2030 — Maturity Year (Senior Unsecured Notes)
- 2039 — Maturity Year (Senior Unsecured Notes)
Key Players & Entities
- REALTY INCOME CORP (company) — Filer
- 1.125% Senior Unsecured Notes Due July 2027 (dollar_amount) — Debt Instrument
- 6.000% Senior Unsecured Notes Due 2039 (dollar_amount) — Debt Instrument
- A6000 Series A Cumulative Redeemable Preferred Stock (dollar_amount) — Preferred Stock
FAQ
What specific matters were submitted to a vote of Realty Income Corp.'s security holders on May 30, 2024?
The filing indicates that matters were submitted to a vote of security holders on May 30, 2024, but the specific details of these matters are not provided in the excerpt.
What is the interest rate and maturity date for the Senior Unsecured Notes Payable mentioned?
The filing lists several series of Senior Unsecured Notes Payable with varying interest rates and maturity dates, including 1.125% due July 2027, 1.875% due January 2027, 1.625% due December 2030, 4.875% due July 2030, 5.750% due 2031, 1.750% due July 2033, 5.125% due July 2034, 6.000% due 2039, and 2.500% due January 2042.
Does the filing mention any preferred stock issued by Realty Income Corp.?
Yes, the filing mentions 'A6000 Series A Cumulative Redeemable Preferred Stock' with a par value of $0.001.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on June 3, 2024.
What is Realty Income Corp.'s fiscal year end?
Realty Income Corp.'s fiscal year ends on December 31.
Filing Stats: 851 words · 3 min read · ~3 pages · Grade level 12.2 · Accepted 2024-06-03 17:07:51
Key Financial Figures
- $0.01 — ange On Which Registered Common Stock, $0.01 Par Value O New York Stock Exchange 6.
Filing Documents
- o-20240530.htm (8-K) — 60KB
- 0000726728-24-000080.txt ( ) — 284KB
- o-20240530.xsd (EX-101.SCH) — 5KB
- o-20240530_def.xml (EX-101.DEF) — 20KB
- o-20240530_lab.xml (EX-101.LAB) — 40KB
- o-20240530_pre.xml (EX-101.PRE) — 21KB
- o-20240530_htm.xml (XML) — 11KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. On May 30, 2024 , Realty Income Corporation (the "Company") held its Annual Meeting of Stockholders (the "Annual Meeting") and, as of the close of business on March 21, 2024, the record date for the Annual Meeting, there were 861,149,780 shares of common stock issued and outstanding and entitled to vote at the Annual Meeting. Proxies for the Annual Meeting were solicited pursuant to Section 14(a) of the Securities Exchange Act of 1934, as amended. The following is a brief description of each matter voted upon at the Annual Meeting and a statement of the number of votes cast for or against and the number of abstentions and broker non-votes with respect to each matter, as applicable. Proposal 1: Election of 11 directors to serve until the 2025 annual meeting of stockholders and until their respective successors are duly elected and qualified. All 11 director nominees listed in the Company's proxy statement for the Annual Meeting (the "Proxy Statement") and set forth below were elected by the Company's stockholders to hold office until the 2025 annual meeting of stockholders and until their respective successors are duly elected and qualified: Voted For Voted Against Abstentions Broker Non-Votes Priscilla Almodovar 614,964,695 4,089,725 851,124 114,363,496 Jacqueline Brady 605,256,852 13,771,471 877,221 114,363,496 A. Larry Chapman 609,263,625 9,714,972 926,947 114,363,496 Reginald H. Gilyard 556,850,924 62,027,235 1,027,385 114,363,496 Mary Hogan Preusse 603,140,687 15,910,118 854,739 114,363,496 Priya Cherian Huskins 536,255,423 82,738,603 911,518 114,363,496 Jeff A. Jacobson 617,634,959 1,361,154 909,431 114,363,496 Gerardo I. Lopez 616,067,637 2,903,513 934,394 114,363,496 Michael D. McKee 586,361,149 32,580,492 963,903 114,363,496 Gregory T. McLaughlin 598,540,119 20,433,850 931,575 114,363,496 Sumit Roy 614,916,895 4,063,853 924,796 114,363,496 Proposal 2: Ratification of the appoi