NNN · Nnn REIT, Inc. · Executive Compensation

$41.18 +0.25 (+0.61%) At close · Nov 13 Play latest call Q2 2026 earnings call transcript

S&P 400 member Russell 1000 member Rebalance outlook locked

Market Cap

$7.99B

193.95M

Volume · Nov 13 1.96M Avg daily vol (3M) 2.26M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Stephen Horn	Jr. President and Chief Executive Officer	$975,000	—	$6,664,544	—	$2,069,437	$21,945	$9,730,926
Kevin Habicht	Former Executive Vice President, Chief Financial Officer, Asst. Secretary and Treasurer	$175,000	—	$2,506,352	—	—	$776,965	$3,458,317
Vincent H. Chao	Executive Vice President, Chief Financial Officer, Assistant Secretary and Treasurer	$489,041	$93,750	$1,918,838	—	$790,625	$15,089	$3,307,343
Jonathan A. Adamo	Executive Vice President, Chief Portfolio Officer	$420,000	—	$874,918	—	$696,728	$85,224	$2,076,870
Gina M. Steffens	Executive Vice President, General Counsel and Secretary	$450,000	—	$820,248	—	$644,625	$19,088	$1,933,961
Michelle L. Miller	Executive Vice President, Chief Accounting Officer and Chief Technology Officer	$400,000	—	$729,125	—	$578,000	$21,637	$1,728,762

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Stephen Horn	Jr. President and Chief Executive Officer	$925,000	—	$5,808,642	—	$1,665,000	$19,856	$8,418,498
Kevin Habicht	Executive Vice President, Chief Financial Officer, Asst. Secretary and Treasurer	$675,000	—	$2,331,297	—	$931,500	$22,730	$3,960,527
Gina M. Steffens	Executive Vice President, General Counsel and Secretary	$425,000	—	$667,182	—	$510,000	$15,326	$1,617,508
Jonathan A. Adamo	Executive Vice President, Portfolio Operations	$375,000	—	$588,692	—	$478,125	$103,797	$1,545,614
Michelle L. Miller	Executive Vice President and Chief Accounting and Technology Officer	$350,000	—	$549,446	—	$420,000	$19,511	$1,338,957

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Stephen Horn	Jr. President and Chief Executive Officer	$825,000	—	$4,385,780	—	$1,964,531	$19,343	$7,194,654
Kevin Habicht	Executive Vice President, Chief Financial Officer, Asst. Secretary and Treasurer	$650,000	—	$1,996,473	—	$1,167,969	$20,721	$3,835,163
Christopher P. Tessitore	Executive Vice President, General Counsel and Secretary	$490,000	$842,188	$1,273,505	—	—	$19,257	$2,624,950
Jonathan A. Adamo	Executive Vice President, Portfolio Operations	$269,807	—	$746,475	—	$350,911	$105,210	$1,472,403
Michelle L. Miller	Executive Vice President and Chief Accounting and Technology Officer	$320,000	—	$434,751	—	$520,000	$26,137	$1,300,888

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Stephen Horn	Jr. President and Chief Executive Officer	$700,000	—	$3,958,062	—	$2,100,000	$18,637	$6,776,699
Julian Whitehurst	Former President and Chief Executive Officer	$298,333	—	$3,413,088	—	—	$1,299,572	$5,010,993
Kevin Habicht	Executive Vice President, Chief Financial Officer, Asst. Secretary and Treasurer	$620,000	—	$1,779,478	—	$1,426,000	$20,116	$3,845,594
Christopher P. Tessitore	Executive Vice President, General Counsel and Secretary	$465,000	—	$1,160,548	—	$1,023,000	$18,089	$2,666,637
Michelle L. Miller	Executive Vice President and Chief Accounting and Technology Officer	$290,000	—	$361,889	—	$435,000	$33,612	$1,120,501

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Julian Whitehurst	Former President and Chief Executive Officer	$865,000	—	$4,306,835	—	$2,595,000	$18,751	$7,785,586
Kevin Habicht	Executive Vice President, Chief Financial Officer, Asst. Secretary and Treasurer	$585,000	—	$1,674,783	—	$1,345,500	$17,516	$3,622,799
Stephen Horn	Jr. President and Chief Executive Officer	$515,000	—	$1,474,411	—	$1,184,500	$15,283	$3,189,194
Christopher P. Tessitore	Executive Vice President, General Counsel and Secretary	$447,500	—	$1,114,041	—	$984,500	$15,489	$2,561,530
Michelle L. Miller	Executive Vice President and Chief Accounting Officer	$265,000	—	$296,865	—	$397,500	$34,801	$994,166

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Julian Whitehurst	Former President and Chief Executive Officer	$850,000	$1,020,000	$3,704,914	—	—	$19,252	$5,594,166
Kevin Habicht	Executive Vice President, Chief Financial Officer, Asst. Secretary and Treasurer	$575,000	$529,000	$1,470,345	—	—	$18,016	$2,592,361
Stephen Horn	President and Chief Executive Officer	$435,000	$382,800	$1,310,439	—	—	$15,591	$2,143,830
Christopher P. Tessitore	Executive Vice President, General Counsel and Secretary	$440,000	$387,200	$971,700	—	—	$15,989	$1,814,889

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Julian Whitehurst	President and Chief Executive Officer	$825,000	—	$4,159,764	—	$1,303,500	$19,633	$6,307,897
Kevin Habicht	Executive Vice President, Chief Financial Officer, Asst. Secretary and Treasurer	$550,000	—	$2,499,335	—	$719,086	$18,088	$3,786,509
Christopher P. Tessitore	Executive Vice President, General Counsel and Secretary	$425,000	—	$1,606,612	—	$503,625	$15,852	$2,551,089
Paul E. Bayer	Executive Vice President and Chief Investment Officer	$415,000	—	$1,588,046	—	$491,775	$16,807	$2,511,628
Stephen Horn	Executive Vice President and Chief Operating Officer	$400,000	—	$1,560,197	—	$474,000	$39,665	$2,473,862

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Julian Whitehurst	President and Chief Executive Officer	$775,000	—	$2,805,581	—	$1,303,661	$18,652	$4,902,894
Kevin Habicht	Executive Vice President, Chief Financial Officer, Assistant Secretary and Treasurer	$515,000	—	$1,183,730	—	$708,585	$16,864	$2,424,179
Christopher P. Tessitore	Executive Vice President and General Counsel	$413,000	—	$759,393	—	$526,501	$15,389	$1,714,283
Stephen Horn	Jr. Executive Vice President and Chief Acquisition Officer	$345,000	—	$872,110	—	$399,830	$65,324	$1,682,264
Paul E. Bayer	Executive Vice President and Chief Investment Officer	$387,000	—	$711,582	—	$509,320	$16,264	$1,624,166

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Julian Whitehurst	President and Chief Executive Officer	$644,962	—	$2,549,740	—	$1,575,000	$27,053	$4,796,755
Kevin Habicht	Executive Vice President, Chief Financial Officer, Assistant Secretary and Treasurer	$500,000	—	$1,141,049	—	$862,500	$16,564	$2,520,113
Stephen Horn	Jr. Executive Vice President and Chief Acquisition Officer	$335,000	—	$829,943	—	$502,500	$107,511	$1,774,954
Paul E. Bayer	Executive Vice President and Chief Investment Officer	$376,000	—	$686,449	—	$620,400	$15,964	$1,698,813
Christopher P. Tessitore	Executive Vice President and General Counsel	$376,000	—	$686,449	—	$620,400	$14,897	$1,697,746

Executive changes

Person	Role	Change	Effective	Filed
Betsy D. Holden	Board	Retired	2027-02-19	2026-08-17
Charles "Chaz" D. Mueller, Jr.	Board	Appointed	2026-10-01	2026-08-17
Christina Chiu	Board	Appointed	2026-10-01	2026-08-17
Edward J. Fritsch	Chair	Appointed	2026-02-18	2026-02-19
Steven D. Cosler	Chairperson ("Chair")	Retired	2026-02-18	2026-02-19
Joshua P. Lewis	Executive Vice President, Chief Investment Officer	Appointed	2025-08-01	2025-08-01
Kevin B. Habicht	Executive	Retired	2025-03-31	2025-01-10
Vincent H. Chao	Chief Financial Officer, Assistant Secretary and Treasurer and serve as the Company's principal financial officer	Appointed	2025-04-01	2025-01-10
Vincent H. Chao	Executive Vice President	Appointed	2025-01-09	2025-01-10
Kevin B. Habicht	member of the Board of Directors	Retired	2025-03-31	2025-01-10
Kevin B. Habicht	Executive Vice President, Chief Financial Officer, Assistant Secretary, Treasurer and the Company's principal financial officer	Retired	2025-03-31	2025-01-10
Christopher P. Tessitore	Executive	Retired	2024-01-01	2023-11-21
Christopher P. Tessitore	Executive Vice President, General Counsel and Secretary	Retired	2024-01-01	2023-11-21
Elizabeth Castro Gulacsy	Board of Directors	Appointed	2022-08-17	2022-08-16

Leadership

Stephen A. ("Steve") Horn, Jr. CEO, Board Member
Stephen A. Horn, Jr. CEO, COO
Stephen Horn CEO, COO, Board Member
Edward J. Fritsch Chairman
Vincent H. Chao CFO
Michelle L. Miller CTO, Chief Accounting Officer
Joshua P. Lewis CIO
Gina M. Steffens General Counsel
Charles "Chaz" D. Mueller, Jr. Board Member
Christina Chiu Board Member
David M. Fick Board Member
Elizabeth C. Gulacsy Board Member
Elizabeth Castro Gulacsy Board Member
Kamau O. Witherspoon Board Member
Kamau Witherspoon Board Member
Pamela K. M. Beall Board Member

Key facts CIK 751364 CUSIP 637417106 13F (30d) 500 filings 440 filers Visit website Investor relations