0000726728 2025-01-01 2025-12-31 0000726728 2024-01-01 2024-12-31 0000726728 2023-01-01 2023-12-31 0000726728 2022-01-01 2022-12-31 0000726728 2021-01-01 2021-12-31 0000726728 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2025-01-01 2025-12-31 0000726728 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000726728 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2025-01-01 2025-12-31 0000726728 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000726728 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2025-01-01 2025-12-31 0000726728 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000726728 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0000726728 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000726728 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0000726728 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000726728 ecd:PeoMember 2025-01-01 2025-12-31 0000726728 ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000726728 1 2025-01-01 2025-12-31 0000726728 2 2025-01-01 2025-12-31 0000726728 3 2025-01-01 2025-12-31 0000726728 4 2025-01-01 2025-12-31 0000726728 5 2025-01-01 2025-12-31 0000726728 6 2025-01-01 2025-12-31 iso4217:USD iso4217:USD shares 0000726728 DEF 14A false REALTY INCOME CORPORATION true <div style="margin-bottom:9pt">We do not grant equity awards in anticipation of the release of material nonpublic information, and we do not time the release of material nonpublic information for the purpose of affecting the value of executive compensation. In the event material nonpublic information becomes known to the Compensation Talent Committee before granting an equity award, the Compensation and Talent Committee will consider such information and use its business judgment to determine whether to delay the grant of equity to avoid any appearance of impropriety. Although we do not have a formal policy with respect to the timing of our equity award grants, the Compensation and Talent Committee has historically granted such awards on a predetermined annual schedule. In fiscal year 2025, we did not grant new awards of stock options, stock appreciation rights, or similar option‐like instruments to our NEOs.</div> We do not grant equity awards in anticipation of the release of material nonpublic information, and we do not time the release of material nonpublic information for the purpose of affecting the value of executive compensation. In the event material nonpublic information becomes known to the Compensation Talent Committee before granting an equity award, the Compensation and Talent Committee will consider such information and use its business judgment to determine whether to delay the grant of equity to avoid any appearance of impropriety. true false true <div style="margin-bottom:9pt">The following table sets forth information concerning the compensation of our NEOs for each of the fiscal years ended December 31, 2021, 2022, 2023, 2024 and 2025, and our financial performance for each such fiscal year:</div><div style="margin-bottom:9pt">The line graph below compares (i) the compensation actually paid to our PEO and the average of the compensation actually paid to our remaining NEOs, with (ii) our cumulative TSR, (iii) the cumulative TSR of the FTSE Nareit Equity REITs Index, (iv) our net income, and (v) AFFO per share, in each case, for the fiscal years ended December 31, 2021, 2022, 2023, 2024 and 2025. TSR amounts reported in the graph assume an initial fixed investment of $100 and that all dividends were reinvested.</div><div style="margin-bottom:9pt">We believe the following performance measures represent the most important financial performance measures used by us to link compensation actually paid to our NEOs for the fiscal year ended December 31, 2025: </div><div style="margin-bottom:18pt;margin-top:9pt">For additional information about how each of these measures has been incorporated into our 2025 compensation program, please see “Compensation Discussion and Analysis - 2025 STIP Performance Goals” on page <a href="#i7adcff9ea4e04c2d9c1af6cabd52037f_62691" style="color:#000000;font-family:'Franklin Gothic Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:none">48</a> and “Compensation Discussion and Analysis - 2025 LTIP Performance Goals” on page <a href="#i7adcff9ea4e04c2d9c1af6cabd52037f_62682" style="color:#000000;font-family:'Franklin Gothic Book',sans-serif;font-size:9pt;font-weight:400;line-height:120%;text-decoration:none">54</a>.</div> <div style="margin-bottom:8pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.676%"><tr><td style="width:1.0%"></td><td style="width:7.990%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.375%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.375%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.014%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.759%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.183%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.183%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.971%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:7.250%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="margin-bottom:3pt;margin-top:3pt;text-align:center">Value of Initial Fixed $100 Investment Based on:</div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:bottom">Year</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">Summary Compensation Table Total for PEO ($)</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Compensation Actually Paid to PEO</div><div style="text-align:right">($)(1)(2)</div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">Average Summary Compensation Table Total for Non-PEO NEOs ($)</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Average Compensation Actually Paid to Non-PEO NEOs ($)(1)(2)</div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">Total Shareholder Return ($)</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">FTSE Nareit Equity REITs Index Total Shareholder Return</div><div style="text-align:right">($)(3)</div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">Net Income ($)</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Diluted AFFO per share</div><div style="text-align:right">($)(4)</div></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #000;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2025</td><td colspan="2" style="background-color:#eceef2;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">16,251,931 </td><td style="background-color:#eceef2;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eceef2;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">24,580,885 </td><td style="background-color:#eceef2;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eceef2;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">4,547,815 </td><td style="background-color:#eceef2;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eceef2;border-top:0.5pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">6,627,489 </td><td style="background-color:#eceef2;border-top:0.5pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:middle">120.47</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:middle">126.71</td><td colspan="3" style="background-color:#eceef2;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:middle">1,069,783,000</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #000;padding:2px 1pt;text-align:right;vertical-align:middle">4.28</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2024</td><td colspan="3" style="border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">15,246,209</td><td colspan="3" style="border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">14,671,021</td><td colspan="3" style="border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">4,164,766</td><td colspan="3" style="border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">4,140,423</td><td colspan="3" style="border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">107.37</td><td colspan="3" style="border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">123.90</td><td colspan="3" style="border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">867,341,000</td><td colspan="3" style="border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">4.19</td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2023</td><td colspan="2" style="background-color:#eceef2;border-top:0.5pt solid #c6c5c5;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">13,128,810 </td><td style="background-color:#eceef2;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eceef2;border-top:0.5pt solid #c6c5c5;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">9,506,745 </td><td style="background-color:#eceef2;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eceef2;border-top:0.5pt solid #c6c5c5;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">3,695,675 </td><td style="background-color:#eceef2;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eceef2;border-top:0.5pt solid #c6c5c5;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">2,708,047 </td><td style="background-color:#eceef2;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">109.69</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">118.09</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">876,914,000</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">4.00</td></tr><tr><td colspan="3" style="border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2022</td><td colspan="3" style="border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">14,286,815</td><td colspan="3" style="border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">16,383,532</td><td colspan="3" style="border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">3,782,204</td><td colspan="3" style="border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">4,185,216</td><td colspan="3" style="border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">114.95</td><td colspan="3" style="border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">106.05</td><td colspan="3" style="border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">872,416,000</td><td colspan="3" style="border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">3.92</td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2021</td><td colspan="2" style="background-color:#eceef2;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">12,861,011 </td><td style="background-color:#eceef2;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eceef2;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">16,487,305 </td><td style="background-color:#eceef2;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eceef2;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">2,946,164 </td><td style="background-color:#eceef2;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="2" style="background-color:#eceef2;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle">3,572,661 </td><td style="background-color:#eceef2;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"></td><td colspan="3" style="background-color:#ebedf1;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">124.07</td><td colspan="3" style="background-color:#ebedf1;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">141.30</td><td colspan="3" style="background-color:#ebedf1;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">360,747,000</td><td colspan="3" style="background-color:#ebedf1;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:right;vertical-align:middle">3.59</td></tr></table></div> 16251931 24580885 4547815 6627489 120.47 126.71

1069783000

4.28 15246209 14671021 4164766 4140423 107.37 123.90

867341000

4.19 13128810 9506745 3695675 2708047 109.69 118.09

876914000

4.00 14286815 16383532 3782204 4185216 114.95 106.05

872416000

3.92 12861011 16487305 2946164 3572661 124.07 141.30

360747000

3.59 Amounts represent compensation “actually paid” to our principal executive officer (“PEO”) and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules (and described below), which includes the individuals indicated in the table below for each fiscal year:<div style="margin-bottom:6pt;padding-left:24pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.294%"><tr><td style="width:1.0%"></td><td style="width:9.239%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.325%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:75.136%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:bottom">Year</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">PEO</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Non-PEO NEOs</td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #6d6d6d;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2025</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #6d6d6d;padding:2px 1pt;text-align:left;vertical-align:middle">Sumit Roy</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #6d6d6d;padding:2px 1pt;text-align:left;vertical-align:middle">Jonathan Pong, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore</td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2024</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Sumit Roy</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Jonathan Pong, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore</td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2023</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Sumit Roy</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Christie B. Kelly, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore</td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2022</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Sumit Roy</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Christie B. Kelly, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore</td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2021</td><td colspan="3" style="background-color:#ebedf1;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Sumit Roy</td><td colspan="3" style="background-color:#ebedf1;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Christie B. Kelly, Neil M. Abraham, Mark E. Hagan, Michelle Bushore, and Sean P. Nugent</td></tr></table></div><div style="margin-bottom:6pt;padding-left:23.98pt">Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the 2025 fiscal year, as adjusted as follows:</div><div style="margin-bottom:6pt;padding-left:24pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.294%"><tr><td style="width:1.0%"></td><td style="width:61.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.412%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:20.043%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:bottom">Equity Award Adjustments</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">PEO ($)</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">Average Non-PEO NEOs ($)</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #000000;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">Amounts Reported under the “Stock Awards” Column as Reported in the Summary Compensation Table</td><td colspan="3" style="background-color:#eceef2;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">(9,149,496)</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">(2,404,407)</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #c6c4c4;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">Fair Value at Fiscal Year-End of Outstanding and Unvested Awards Granted in Fiscal Year</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">12,847,491</td><td colspan="3" style="border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">3,385,208</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c4c4;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">Change in Fair Value for Awards Granted in Prior Fiscal Years that were Outstanding and Unvested as of Fiscal Year-End (change in Fair Value at Prior Fiscal Year-End to Fair Value at Fiscal Year-End)</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">4,288,658</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">1,006,100</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c4c4;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">Changes in Fair Value for Awards Granted during Prior Fiscal Years that Vested in Fiscal Year (change in Fair Value at Prior Fiscal Year-End to Fair Value at Vesting Date)</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">104,472</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">22,628</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c4c4;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">Increase based on Dividends Paid on Awards during Fiscal Year prior to Vesting Date not Otherwise Reflected in Total Compensation</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">237,829</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">70,145</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">Total Adjustments</td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle">8,328,954</td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle">2,079,674</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> Amounts represent compensation “actually paid” to our principal executive officer (“PEO”) and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules (and described below), which includes the individuals indicated in the table below for each fiscal year:<div style="margin-bottom:6pt;padding-left:24pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.294%"><tr><td style="width:1.0%"></td><td style="width:9.239%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.325%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:75.136%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:bottom">Year</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">PEO</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Non-PEO NEOs</td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #6d6d6d;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2025</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #6d6d6d;padding:2px 1pt;text-align:left;vertical-align:middle">Sumit Roy</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #6d6d6d;padding:2px 1pt;text-align:left;vertical-align:middle">Jonathan Pong, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore</td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2024</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Sumit Roy</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Jonathan Pong, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore</td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2023</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Sumit Roy</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Christie B. Kelly, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore</td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2022</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Sumit Roy</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Christie B. Kelly, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore</td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2021</td><td colspan="3" style="background-color:#ebedf1;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Sumit Roy</td><td colspan="3" style="background-color:#ebedf1;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Christie B. Kelly, Neil M. Abraham, Mark E. Hagan, Michelle Bushore, and Sean P. Nugent</td></tr></table></div><div style="margin-bottom:6pt;padding-left:23.98pt">Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the 2025 fiscal year, as adjusted as follows:</div><div style="margin-bottom:6pt;padding-left:24pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.294%"><tr><td style="width:1.0%"></td><td style="width:61.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.412%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:20.043%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:bottom">Equity Award Adjustments</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">PEO ($)</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">Average Non-PEO NEOs ($)</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #000000;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">Amounts Reported under the “Stock Awards” Column as Reported in the Summary Compensation Table</td><td colspan="3" style="background-color:#eceef2;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">(9,149,496)</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">(2,404,407)</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #c6c4c4;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">Fair Value at Fiscal Year-End of Outstanding and Unvested Awards Granted in Fiscal Year</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">12,847,491</td><td colspan="3" style="border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">3,385,208</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c4c4;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">Change in Fair Value for Awards Granted in Prior Fiscal Years that were Outstanding and Unvested as of Fiscal Year-End (change in Fair Value at Prior Fiscal Year-End to Fair Value at Fiscal Year-End)</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">4,288,658</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">1,006,100</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c4c4;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">Changes in Fair Value for Awards Granted during Prior Fiscal Years that Vested in Fiscal Year (change in Fair Value at Prior Fiscal Year-End to Fair Value at Vesting Date)</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">104,472</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">22,628</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c4c4;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">Increase based on Dividends Paid on Awards during Fiscal Year prior to Vesting Date not Otherwise Reflected in Total Compensation</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">237,829</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">70,145</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">Total Adjustments</td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle">8,328,954</td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle">2,079,674</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div> Amounts represent compensation “actually paid” to our principal executive officer (“PEO”) and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules (and described below), which includes the individuals indicated in the table below for each fiscal year:<div style="margin-bottom:6pt;padding-left:24pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.294%"><tr><td style="width:1.0%"></td><td style="width:9.239%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.325%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:75.136%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:bottom">Year</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">PEO</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">Non-PEO NEOs</td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #6d6d6d;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2025</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #6d6d6d;padding:2px 1pt;text-align:left;vertical-align:middle">Sumit Roy</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #6d6d6d;padding:2px 1pt;text-align:left;vertical-align:middle">Jonathan Pong, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore</td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2024</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Sumit Roy</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Jonathan Pong, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore</td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2023</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Sumit Roy</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Christie B. Kelly, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore</td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2022</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Sumit Roy</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Christie B. Kelly, Neil M. Abraham, Mark E. Hagan, and Michelle Bushore</td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">2021</td><td colspan="3" style="background-color:#ebedf1;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Sumit Roy</td><td colspan="3" style="background-color:#ebedf1;border-bottom:0.5pt solid #6d6d6d;border-top:0.5pt solid #c6c5c5;padding:2px 1pt;text-align:left;vertical-align:middle">Christie B. Kelly, Neil M. Abraham, Mark E. Hagan, Michelle Bushore, and Sean P. Nugent</td></tr></table></div><div style="margin-bottom:6pt;padding-left:23.98pt">Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the 2025 fiscal year, as adjusted as follows:</div><div style="margin-bottom:6pt;padding-left:24pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.294%"><tr><td style="width:1.0%"></td><td style="width:61.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.412%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:20.043%"></td><td style="width:0.1%"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:middle">2025</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #000000;padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:bottom">Equity Award Adjustments</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">PEO ($)</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom">Average Non-PEO NEOs ($)</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr style="height:3pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #000000;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">Amounts Reported under the “Stock Awards” Column as Reported in the Summary Compensation Table</td><td colspan="3" style="background-color:#eceef2;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">(9,149,496)</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:middle">(2,404,407)</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-top:0.5pt solid #c6c4c4;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">Fair Value at Fiscal Year-End of Outstanding and Unvested Awards Granted in Fiscal Year</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">12,847,491</td><td colspan="3" style="border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">3,385,208</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c4c4;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">Change in Fair Value for Awards Granted in Prior Fiscal Years that were Outstanding and Unvested as of Fiscal Year-End (change in Fair Value at Prior Fiscal Year-End to Fair Value at Fiscal Year-End)</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">4,288,658</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">1,006,100</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c4c4;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">Changes in Fair Value for Awards Granted during Prior Fiscal Years that Vested in Fiscal Year (change in Fair Value at Prior Fiscal Year-End to Fair Value at Vesting Date)</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">104,472</td><td colspan="3" style="background-color:#ffffff;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">22,628</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c4c4;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">Increase based on Dividends Paid on Awards during Fiscal Year prior to Vesting Date not Otherwise Reflected in Total Compensation</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">237,829</td><td colspan="3" style="background-color:#ebedf1;border-top:0.5pt solid #c6c4c4;padding:2px 1pt;text-align:center;vertical-align:middle">70,145</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt 2px 5.5pt;text-align:left;vertical-align:middle">Total Adjustments</td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle">8,328,954</td><td colspan="3" style="background-color:#ffffff;border-bottom:0.5pt solid #000;border-top:0.5pt solid #000;padding:2px 1pt;text-align:center;vertical-align:middle">2,079,674</td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr></table></div>Fair value or change in fair value, as applicable, of equity awards in the “Compensation Actually Paid” columns was determined by reference to (i) for time-based restricted stock and restricted stock unit awards, the closing price per share on the applicable year-end date(s) or, in the case of vesting dates, the closing price per share on the applicable vesting date(s); (ii) for performance-based restricted stock awards (excluding any market-based awards), the same valuation methodology as restricted stock awards above except that the year-end values are multiplied by the probability of achievement of the applicable performance objective as of the applicable date; and (iii) for market-based awards, the fair value calculated by a Monte Carlo simulation model as of the applicable year-end date(s), which utilizes multiple input variables, including expected volatility of our stock price and other assumptions appropriate for determining fair value, to estimate the probability of satisfying the performance objective established for the award, including the expected volatility of our stock price relative to the applicable comparative index and a risk-free interest rate of derived from linear interpolation of the term structure of Treasury Constant Maturities yield rates for the applicable period. The range of estimates used in the Monte Carlo calculations are as follows: (i) for 2025, volatility between 17%-18% and risk-free rate of 3.5%; (ii) for 2024, volatility between 17%-19% and risk-free rate between 4.2%-4.4%; (iii) for 2023, volatility between 20%-21% and risk free rate between 4.2%-4.5%; (iv) for 2022, volatility between 20%-22% and risk free rate between 4.4%-4.7%; and (v) for 2021, volatility between 18%-45% and risk free rate between 0.4%-0.7%. Sumit Roy -9149496 -2404407 12847491 3385208 4288658 1006100 104472 22628 237829 70145 8328954 2079674 Effective in 2025, we updated our peer group from the MSCI U.S. REIT Index to the FTSE Nareit Equity REITs Index. As a result of this change, the cumulative TSR for the periods presented have been recalculated using the FTSE Nareit Equity REITs Index. Had the MSCI U.S. REIT Index been used, cumulative TSR would have been (i) $137.53 in 2025; (ii) $133.59 in 2024; (iii) $122.84 in 2023; (iv) $108.00 in 2022; and (v) $143.06 in 2021. AFFO per share, a non-GAAP financial measure, provides useful information to investors because it is a widely accepted industry measure of the operating performance of REITs that is used by industry analysts and investors who look at and compare those companies. It provides an additional measure to compare the operating performance of REITs without having to account for differing depreciation assumptions and other unique revenue and expense items, which we believe are not pertinent to measuring a particular company’s on-going operating performance. The most appropriate GAAP performance metric to which AFFO should be reconciled is net income available to common stockholders per share. For a reconciliation of AFFO per share to net income available to common stockholders per share, see Appendix A on page A-<a href="#i628844b31fe6447db3c66f585d3b5218_130" style="color:#494949;font-family:'Franklin Gothic Book',sans-serif;font-size:8pt;font-weight:400;line-height:120%;text-decoration:none">1</a> of this Proxy Statement. AFFO per share <div style="margin-bottom:30pt;text-align:center"><img alt="3981" id="i-318" src="o-20260325_g55.jpg" style="height:260px;margin-bottom:5pt;vertical-align:text-bottom;width:680px"/></div> <div style="margin-bottom:30pt;text-align:center"><img alt="3981" id="i-318" src="o-20260325_g55.jpg" style="height:260px;margin-bottom:5pt;vertical-align:text-bottom;width:680px"/></div> <div style="margin-bottom:15pt;text-align:center"><img alt="3983" id="i-319" src="o-20260325_g56.jpg" style="height:260px;margin-bottom:5pt;vertical-align:text-bottom;width:680px"/></div> <div style="margin-bottom:12pt;text-align:center"><img alt="3985" id="i-321" src="o-20260325_g57.jpg" style="height:260px;margin-bottom:5pt;vertical-align:text-bottom;width:680px"/></div> •AFFO per share AFFO per share;<div style="margin-bottom:6pt;padding-left:14.4pt;text-indent:-14.4pt">•TSR ranking relative to MSCI REIT Index;</div><div style="margin-bottom:6pt;padding-left:14.4pt;text-indent:-14.4pt">•Net Debt-to-Pro Forma Adjusted EBITDAre;</div><div style="display:inline-block;vertical-align:top;width:48.236%"><div style="margin-bottom:6pt;padding-left:14.4pt;text-indent:-14.4pt">•Fixed charge coverage ratio;</div><div style="margin-bottom:6pt;padding-left:14.4pt;text-indent:-14.4pt">•Portfolio occupancy; and</div><div style="margin-bottom:9pt;padding-left:14.4pt;text-indent:-14.4pt">•Dividend per share growth rate</div></div> •TSR ranking relative to MSCI REIT Index •Net Debt-to-Pro Forma Adjusted EBITDAre •Fixed charge coverage ratio •Portfolio occupancy Dividend per share growth rate