NNN REIT, Inc.
US ˙ NYSE ˙ US6374171063

Introduction

This page provides a comprehensive analysis of the known insider trading history of Christopher Paul Tessitore. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate Christopher Paul Tessitore has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:NNN / NNN REIT, Inc. EVP 140,539
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Christopher Paul Tessitore. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases NNN / NNN REIT, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in NNN / NNN REIT, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

NNN / NNN REIT, Inc. Insider Trades
Insider Sales NNN / NNN REIT, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in NNN / NNN REIT, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
2023-12-13 NNN Tessitore Christopher Paul 38,056 41.6827 38,056 41.6827 1,586,277 125 39.3700 -88,011 -5.55
2021-02-17 NNN Tessitore Christopher Paul 30,000 42.2000 30,000 42.2000 1,266,000
2020-02-24 NNN Tessitore Christopher Paul 19,597 58.7450 19,597 58.7450 1,151,226
2019-02-14 NNN Tessitore Christopher Paul 23,000 52.1850 23,000 52.1850 1,200,255
2018-09-05 NNN Tessitore Christopher Paul 10,000 45.9900 10,000 45.9900 459,900
2018-05-30 NNN Tessitore Christopher Paul 16,939 41.6200 16,939 41.6200 705,001
2017-03-20 NNN Tessitore Christopher Paul 18,662 44.3950 18,662 44.3950 828,499
2017-03-17 NNN Tessitore Christopher Paul 1,338 44.3900 1,338 44.3900 59,394
2016-08-12 NNN Tessitore Christopher Paul 7,000 51.3300 7,000 51.3300 359,310
2016-02-17 NNN Tessitore Christopher Paul 7,000 44.7810 7,000 44.7810 313,467
2015-03-23 NNN Tessitore Christopher Paul 5,000 42.6600 5,000 42.6600 213,300
2015-03-12 NNN Tessitore Christopher Paul 20,129 40.3300 20,129 40.3300 811,803
2014-03-31 NNN Tessitore Christopher Paul 24,000 33.8700 24,000 33.8700 812,880
2012-11-21 NNN Tessitore Christopher Paul 12,884 30.8200 12,884 30.8200 397,085
2012-08-17 NNN Tessitore Christopher Paul 9,852 30.4500 9,852 30.4500 299,993

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

NNN / NNN REIT, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Christopher Paul Tessitore as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2023-12-14 2023-12-13 4 NNN NNN REIT, INC.
Common Stock
S - Sale -38,056 140,539 -21.31 41.68 -1,586,277 5,858,045
2023-02-16 2023-02-15 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
D - Sale to Issuer -5,457 178,595 -2.96
2023-02-16 2023-02-15 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 32,126 184,052 21.15 46.65 1,498,678 8,586,026
2023-02-16 2023-02-15 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 6,884 151,926 4.75 46.65 321,139 7,087,348
2022-02-17 2022-02-15 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
D - Sale to Issuer -21,069 145,042 -12.68
2022-02-17 2022-02-15 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 30,189 166,111 22.21 42.34 1,278,202 7,033,140
2022-02-17 2022-02-15 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 6,469 135,922 5.00 42.34 273,897 5,754,937
2021-02-17 2021-02-17 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
S - Sale -30,000 129,453 -18.81 42.20 -1,266,000 5,462,917
2021-02-17 2021-02-16 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
D - Sale to Issuer -6,865 159,453 -4.13
2021-02-17 2021-02-16 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 30,475 166,318 22.43 42.30 1,289,092 7,035,251
2021-02-17 2021-02-16 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 6,530 135,843 5.05 42.30 276,219 5,746,159
2020-02-25 2020-02-24 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
S - Sale -19,597 129,313 -13.16 58.74 -1,151,226 7,596,492
2020-02-13 2020-02-12 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 17,747 148,910 13.53 56.42 1,001,286 8,401,502
2020-02-13 2020-02-12 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 5,916 131,163 4.72 56.42 333,781 7,400,216
2020-02-13 2020-02-12 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 2,958 125,247 2.42 56.42 166,890 7,066,436
2020-02-13 2020-02-12 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
D - Sale to Issuer -2,023 122,289 -1.63
2019-11-18 2019-11-15 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
G - Gift -1,925 124,312 -1.52 56.18 -108,146 6,983,848
2019-08-19 2019-08-15 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 15,000 126,237 13.48 54.47 817,050 6,876,129
2019-06-04 2019-06-04 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Preferred Shares
S - Sale -2,550 0 -100.00 25.69 -65,510
2019-02-14 2019-02-12 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
D - Sale to Issuer -476 134,237 -0.35
2019-02-14 2019-02-12 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 5,784 134,713 4.49 53.70 310,601 7,234,088
2019-02-14 2019-02-12 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 17,351 128,929 15.55 53.70 931,749 6,923,487
2019-02-14 2019-02-12 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 2,892 111,578 2.66 53.70 155,300 5,991,739
2019-02-14 2019-02-14 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
S - Sale -23,000 111,237 -17.13 52.18 -1,200,255 5,804,903
2018-09-06 2018-09-05 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
S - Sale -10,000 108,686 -8.43 45.99 -459,900 4,998,469
2018-05-31 2018-05-30 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
S - Sale -16,939 118,686 -12.49 41.62 -705,001 4,939,711
2018-02-20 2018-02-15 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
D - Sale to Issuer -6,195 135,625 -4.37
2018-02-20 2018-02-15 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 21,061 141,820 17.44 37.06 780,521 5,255,849
2018-02-20 2018-02-15 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 7,020 120,759 6.17 37.06 260,161 4,475,329
2017-03-20 2017-03-20 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
S - Sale -18,662 113,739 -14.10 44.40 -828,499 5,049,443
2017-03-20 2017-03-17 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
S - Sale -1,338 132,401 -1.00 44.39 -59,394 5,877,280
2017-02-15 2017-02-13 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
D - Sale to Issuer -1,050 133,739 -0.78
2017-02-15 2017-02-13 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 13,858 134,789 11.46 44.54 617,235 6,003,502
2017-02-15 2017-02-13 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 6,929 120,931 6.08 44.54 308,618 5,386,267
2016-12-22 2016-12-20 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
G - Gift -2,200 114,002 -1.89 43.53 -95,766 4,962,507
2016-08-12 2016-08-12 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
S - Sale -7,000 116,202 -5.68 51.33 -359,310 5,964,649
2016-06-17 2016-06-16 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
G - Gift -323 123,202 -0.26 47.52 -15,349 5,854,559
2016-02-18 2016-02-17 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
S - Sale -7,000 123,525 -5.36 44.78 -313,467 5,531,573
2016-02-18 2016-02-16 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
D - Sale to Issuer -3,664 130,525 -2.73
2016-02-18 2016-02-16 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 13,221 134,189 10.93 44.70 590,979 5,998,248
2016-02-18 2016-02-16 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 6,610 120,968 5.78 44.70 295,467 5,407,270
2015-12-07 2015-12-03 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
G - Gift -266 114,358 -0.23 37.87 -10,073 4,330,737
2015-11-30 2015-11-25 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
G - Gift -265 114,624 -0.23 38.23 -10,131 4,382,076
2015-03-24 2015-03-23 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
S - Sale -5,000 114,889 -4.17 42.66 -213,300 4,901,165
2015-03-13 2015-03-12 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
S - Sale -20,129 119,889 -14.38 40.33 -811,803 4,835,123
2015-02-19 2015-02-17 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
D - Sale to Issuer -4,645 140,018 -3.21
2015-02-19 2015-02-17 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 13,705 144,663 10.47 41.00 561,905 5,931,183
2015-02-19 2015-02-17 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 6,852 130,958 5.52 41.00 280,932 5,369,278
2014-06-24 2014-06-23 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
G - Gift -400 124,106 -0.32 37.47 -14,988 4,650,252
2014-03-31 2014-03-31 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
S - Sale -24,000 124,506 -16.16 33.87 -812,880 4,217,018
2014-03-03 2014-02-28 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 16,939 148,506 12.87 35.31 598,116 5,243,747
2014-02-14 2014-02-12 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 8,205 131,567 6.65 33.42 274,211 4,396,969
2014-02-14 2014-02-12 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 16,411 123,362 15.34 33.42 548,456 4,122,758
2013-11-13 2013-11-11 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Preferred Shares
P - Purchase 2,550 2,550 19.75 50,362 50,362
2013-05-31 2013-05-30 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
G - Gift -130 106,951 -0.12 36.56 -4,753 3,910,129
2013-02-25 2013-02-22 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 7,632 107,081 7.67 33.73 257,427 3,611,842
2013-02-25 2013-02-22 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 15,265 99,449 18.13 33.73 514,888 3,354,415
2012-11-21 2012-11-21 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
S - Sale -12,884 84,184 -13.27 30.82 -397,085 2,594,551
2012-08-20 2012-08-17 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
S - Sale -9,852 97,068 -9.21 30.45 -299,993 2,955,721
2012-03-15 2012-03-15 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Preferred Stock
J - Other -2,000 0 -100.00 25.00 -50,000
2012-02-29 2012-02-27 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 9,365 106,920 9.60 26.85 251,450 2,870,802
2012-02-29 2012-02-27 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 18,580 97,555 23.53 26.85 498,873 2,619,352
2012-02-29 2012-02-27 4 NNN NATIONAL RETAIL PROPERTIES, INC.
Common Stock
A - Award 9,290 78,975 13.33 26.85 249,436 2,120,479
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)