Realty Income adopts bonus plan tied to fund and joint venture incentive allocations
O•Realty Income adopted a 2026 bonus plan for eligible employees, including named executive officers. Bonus pools are capped at 40% of incentive allocations, and annual individual bonuses are capped at twice specified compensation benchmarks.
1. Plan terms
Realty Income adopted its 2026 Promote Award Plan on November 3, covering eligible employees, including named executive officers. Bonus pools cannot exceed 40% of incentive allocations received from designated investment funds, joint ventures or other investment vehicles, while annual individual bonuses are capped at twice the sum of base salary, annual bonus and annual equity award benchmarks. Executive participants will receive stock-based awards; other participants may receive stock-based awards, cash or both. Unless otherwise determined, awards vest 50% at grant and 50% on the first anniversary, subject to continued service.




