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AI brief of an SEC Form 8-K · Realty Income (O)

Realty Income CLO Michelle Bushore to leave; stays through September 2, 2026

Neutral Impact 3 of 5 leadership Written later

Realty Income said its Executive Vice President, Chief Legal Officer, General Counsel and Secretary, Michelle Bushore, is leaving the company. She will remain in the role through September 2, 2026 while the company searches for a new Chief Legal Officer, and the filing says her separation will be treated as a Qualifying Termination under the company's Executive Severance Plan.

Key points

  • Michelle Bushore will continue as Executive Vice President, Chief Legal Officer, General Counsel and Secretary through September 2, 2026 (the Transition Period).
  • Under a Transition Agreement dated February 26, 2026, she will receive a retention grant of restricted shares valued at $512,663, set by the February 26, 2026 closing share price.
  • The retention grant vests on completion of the Transition Period, subject to a general release of claims and fulfillment of job duties; the full Transition Agreement will be filed with the Form 10-Q for the quarter ending March 31, 2026.

The filing

CompanyRealty Income (O)
Form8-K, current report
Filed with the SECMar 2, 2026, 4:21 PM ET
Accession number0001104659-26-022282

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 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 March 02, 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.