NNN REIT, INC. — Form 8-K

NNN REIT, Inc. entered into an Equity Distribution Agreement on August 6, 2026, authorizing the issuance and sale of up to 25,000,000 shares of common stock ($0.01 par value) over three years through 12 financial institutions (Wells Fargo Securities, BofA Securities, BTIG, Citigroup Global Markets, Jefferies, Mizuho Securities, Morgan Stanley, Raymond James, RBC Capital Markets, TD Securities, Truist Securities, and Nomura Securities as forward seller). The agreement permits both direct issuances and forward sale contracts; maximum Forward Contracts are capped at 19.99% of outstanding shares. No specific dollar amount or share price is disclosed, as this is a framework agreement enabling future offerings at management's discretion.