Horn Stephen A JR

NNN REIT CEO Stephen A Horn Jr sold 33,192 shares at $44.98; continued pattern of well-timed exits at NNN

Horn sold 33,192 shares at $44.98 on 2026-03-09, reducing holdings from 855,903 to 822,711 shares—a 3.9% reduction in his position. His prior trade timing at NNN has been consistently favorable: his two previous sales at this ticker showed 90-day returns of -0.1% and -6.3%, both negative outcomes representing well-timed exits before further declines. The current stock is trading at $45.45, only -0.8% from its 52-week high, suggesting Horn sold into strength. His cross-ticker track record shows a 100% well-timed rate across 2 prior sells, and at the same-ticker level, he has maintained a perfect 2-of-2 well-timed selling pattern at NNN. The transaction occurs as NNN stock has gained 5.9% over 30 days and 15.7% over 90 days, positioning this sale in the context of recent upside momentum.

NNN REIT CEO Horn sold 55,356 shares ($2.4M) at $42.46; stock now -14.4% from 52-week high with prior sell at this ticker similarly timed ahead of decline.

Stephen A Horn Jr, President & CEO, sold 55,356 shares (712.1K shares remain, a -7.2% reduction) at $42.46 on 2025-03-17, raising $2,350,415.76. The stock has since fallen to $42.23, now -14.4% from the 52-week high of $49.36. Horn's cross-ticker track record shows 1 prior sell with a 90-day well-timed rate of 100.00%, and notably, his only prior transaction at NNN itself—a sell on 2024-08-23—was also well-timed, producing -6.3% over 90 days (stock declined after the sale). The current sale follows a similar pattern: conducted near the upper half of the annual trading range and preceding a broad retreat. While the company's fundamentals remain solid (P/E 19.83, +5.0% annual revenue growth, $97.9M net income), the repeated pattern of CEO sells timed ahead of material price declines warrants attention to whether this reflects evolving capital allocation priorities or broader forward expectations.

NNN CEO Stephen A Horn Jr sold 28,192 shares at $46.62 on 2024-08-23, reducing holdings to 557,451 shares

Stephen A Horn Jr, President & CEO of NNN REIT, sold 28,192 shares (4.8% of pre-transaction holdings) for $1,314,311.04 in an open-market sale at $46.62 per share. At the time of sale, the stock was trading near 52-week highs ($47.02 current price is at the high end of the $34.68–$47.02 range), and the underlying REIT fundamentals remain solid with $216.8M quarterly revenue, $106.7M net income, and 7.1% annual revenue growth at a P/E of 21.37. The sale represents a material reduction in the CEO's position but he retained significant ownership of 557,451 shares post-transaction. Investors should monitor whether this transaction reflects ordinary capital allocation by an executive retaining substantial personal exposure, or the start of a broader pattern of insider selling.