Realty Income stockholders elect 10 directors and approve director equity plan change
At its May 13, 2025 annual meeting, Realty Income's stockholders elected all 10 director nominees, ratified KPMG LLP as auditor for 2025, and approved a non-binding say-on-pay vote. They also approved an amendment to the 2021 Incentive Award Plan that sets annual and initial equity grants to non-employee directors at a value of $200,000 rather than a fixed 4,000 shares or RSUs. The filing describes these as routine annual meeting outcomes.
Key points
- Plan amendment approved with 584,971,034 votes for and 29,264,751 against; non-employee director grants now calculated as $200,000 divided by the closing share price on the grant date
- KPMG LLP ratified as independent registered public accounting firm for fiscal year ending December 31, 2025, with 679,390,347 votes for and 69,072,328 against
- Record date March 3, 2025, with 891,769,159 common shares outstanding and entitled to vote
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits 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 May 15, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.