Getty Realty prices 4 million-share offering at $32.48 via forward sale agreements
Getty Realty Corp. entered into an underwriting agreement on February 17, 2026, for 4,000,000 shares of common stock sold through forward sale agreements, at $32.48 per share to the underwriters, and the offering closed on February 19, 2026. The company will not receive proceeds from the initial sale, but it expects to issue shares and receive cash upon settlement of the forward sale agreements within about one year, which would add to its outstanding common stock.
Key points
- 4,000,000 shares offered at a price to the underwriters of $32.48 per share; underwriters are J.P. Morgan Securities LLC and Wells Fargo Securities, LLC.
- The offering closed on February 19, 2026, and the company receives no proceeds from the shares sold by the forward sellers.
- Company expects to physically settle the forward sale agreements within approximately one year of the February 17, 2026 prospectus supplement, with the forward sale price initially set at $32.48 per share.
- Underwriters hold a 30-day option to buy an additional 600,000 shares; exercise would lead to another forward sale agreement.
The filing
Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 19, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.