low
Sell
24,222 shares
$1,112,516
Significance
4/10
CFO Kevin B. Habicht sold 24,222 shares of NNN at $45.93 on 2024-08-20; retains 301,827 shares post-transaction.
Chief Financial Officer Kevin B. Habicht sold 24,222 shares (7.4% of his pre-transaction holdings of 326,049 shares) at $45.93, generating $1,112,516.46 in proceeds. The transaction occurred near the stock's 52-week high of $46.75 (only 2.4% below peak), while the stock has appreciated 8.8% over the prior 90 days. Habicht maintains substantial holdings of 301,827 shares post-transaction, indicating continued material stake in the company. The sale alone does not signal reduced conviction given the retained significant position and the equity's recent upward momentum.