Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Stephen A. Horn, Jr. earned $12.32M in total compensation at NNN REIT, including $137.50K salary, $6.44M bonus and $5.72M in stock. Most recently acquired 221,017 shares in Feb 2025. Currently holds stock worth $28.63M. 3+ years at the helm of NNN REIT.

Compensation History

Annual executive compensation data for Stephen A. Horn, Jr., including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$12.32M

Salary

$137.50K

Bonus

$6.44M

Other

$28.43K

Salary

$137.50K

Board Justification

The compensation program is designed to attract and retain talented executives, aligning their interests with those of stockholders through performance-based incentives.

Bonus

$6.44M

Board Justification

Annual cash incentive bonus based on performance metrics, paid in a single lump sum.

Other Compensation

$28.43K

Board Justification

Other compensation includes health benefits and perquisites.

Restricted Stock

$5.72M1.24M RSU

Board Justification

Value of service-based restricted stock awards that vested in 2023, calculated based on the Company's closing stock price.

Performance Metrics

Core FFO per share, relative total shareholder return, and leverage ratio.

N

Stephen A. Horn, Jr.

CEO of NNN REIT

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Real Estate

Born

January 1, 1972 - 53 years ago

CEO of NNN REIT for

3 years 7 months (Apr 2022 - Present)

Previous Experience

Chief Acquisition Officer at National Retail Properties, Inc.

Holdings

Track Stephen A. Horn, Jr.'s stock holdings and portfolio value over time.

Total Stock Sold

$6.57M

NNN

$6.57M

146,642 NNN shares

What if they kept their stock?

If Stephen A. Horn, Jr. didn't sell their stock, today they would have:
Extra NNN146,642 shares worth $5.90M.
This is -10.3% and $676.86K less than what they got when they sold the stock.

Insider Trading

Stephen A. Horn, Jr.'s recent stock transactions, purchases, and sales filed with the SEC.

NNN

$8.94M

NNN at $40.44/share

Feb 17, 2025

Received

NNN

$1.31M

NNN at $46.62/share

Aug 23, 2024

Sale

NNN

$7.76M

NNN at $39.72/share

Feb 14, 2024

Received

NNN

$6.27M

NNN at $46.65/share

Feb 15, 2023

Received

NNN

$2.82M

NNN at $45.80/share

Apr 29, 2022

Received

NNN

$2.30M

NNN at $42.34/share

Feb 15, 2022

Received

NNN

$2.07M

NNN at $42.30/share

Feb 16, 2021

Received

NNN

$589.02K

NNN at $42.07/share

Dec 28, 2020

Sale

NNN

$349.80K

NNN at $34.98/share

Aug 24, 2020

Received

NNN

$1.01M

NNN at $56.27/share

Feb 14, 2020

Sale

Rivals

Compare Stephen A. Horn, Jr. with competitor CEOs and industry peers.