Former Executive Vice President, Chief Financial Officer, Assistant Secretary and Treasurer · NNN REIT, INC. (NNN)

Kevin Habicht

A named executive officer of NNN REIT in every fiscal year CompBrief holds from FY2016 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$3,458,317

FY2024: $3,960,527

2nd of 6 named executive officers at NNN Reit by FY2025 total.

6 named officers on file for NNN REIT, FY2025

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What this number hides

The filing gives the total. NNN REIT’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

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Compensation figures as of the proxy filed March 23, 2026 (DEF 14A).

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Kevin Habicht compensation by year

NNN REIT Summary Compensation Table · all 10 fiscal years held
In US dollars, as NNN REIT reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Salary$450,000$500,000$515,000$550,000$575,000$585,000$620,000$650,000$675,000$175,000
Bonus$0$0$0$0$529,000$0$0$0$0$0
Stock awards$1,160,299$1,141,049$1,183,730$2,499,335$1,470,345$1,674,783$1,779,478$1,996,473$2,331,297$2,506,352
Option awards$0$0$0$0$0$0$0$0$0$0
Non-equity incentive$694,107$862,500$708,585$719,086$0$1,345,500$1,426,000$1,167,969$931,500$0
Pension and deferred compensation$0$0$0$0$0$0$0$0$0$0
All other$16,564$16,564$16,864$18,088$18,016$17,516$20,116$20,721$22,730$776,965
Total$2,320,970$2,520,113$2,424,179$3,786,509$2,592,361$3,622,799$3,845,594$3,835,163$3,960,527$3,458,317

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: NNN REIT, INC. DEF 14A filed March 23, 2026, accession 0001193125-26-118585, and prior-year filings. Open the filing on EDGAR.

How this page was built: the NNN REIT, INC. filed document, accession 0001193125-26-118585. Every figure is read from that document and cited to the page and table it appears in. Filed March 23, 2026.

$2.3M
$2.5M
$2.4M
$3.8M
$2.6M
$3.6M
$3.8M
$3.8M
$4.0M
$3.5M
FY16
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU64,576$2,559,147—
RSU18,307$725,506—

Per the Outstanding Equity Awards at Fiscal Year-End table in NNN REIT, INC.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

NNN REIT’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Stephen HornPresident and Chief Executive Officer$9,730,926
Kevin Habicht · this pageFormer Executive Vice President, Chief Financial Officer, Assistant Secretary and Treasurer$3,458,317
Vincent ChaoExecutive Vice President, Chief Financial Officer, Assistant Secretary and Treasurer$3,307,343
Jonathan AdamoExecutive Vice President, Chief Portfolio Officer$2,076,870
Gina SteffensExecutive Vice President, General Counsel and Secretary$1,933,961
Michelle MillerExecutive Vice President, Chief Accounting Officer and Chief Technology Officer$1,728,762

Board service

NNN REIT board · FY2021–FY2024

How this board is paid

Company policy: NNN REIT pays directors a $80,000 cash retainer and $145,000 in Common Stock. As stated in NNN REIT's FY2024 proxy.

Kevin Habicht's compensation dossier, NNN REIT

You have read Kevin Habicht's totals and holdings. The dossier adds each equity grant NNN REIT disclosed for Kevin Habicht and NNN REIT's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full NNN REIT compensation record

free company brief

This page is one person within NNN REIT's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order NNN REIT's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are NNN REIT's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Kevin Habicht's compensation dossier