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sellWeak cluster of 2

Michelle Lynn Miller sold $176k of NNN

EVP,Chief Acctg & Tech Officer at NATIONAL RETAIL PROPERTIES, INC.. 4,000 shares at an average of $44.03, traded Feb 20, 2026, filed Feb 23, 2026.

Warning score
35
Value
$176k
4,000 shares
Holdings after
93,817
-4% from before
From 52-week low
+25%
low $34.51, close $43.18
From 52-week high
-1%
high $43.60, as of Feb 20, 2026

Score components

  • Role
    Officer
    +15
  • Trade size
    $176k at market
    +12
  • Share of holdings sold
    Sold 4.1% of holdings
    0
  • Cluster
    2 insiders selling within 14 days
    +8

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m -5.8%, 3m +2.4%, 6m +6.8%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

NNNOct 12, 2026 · close 40.57
Since filing Feb 23, 2026: -6.5%SPY +14.9% · excess -21.4%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001193125-26-063995, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Feb 20, 2026SOpen-market sale
Common Stock
-4,000$44.03$176k93,817Feb 23, 2026

Related signals

Other insiders at NATIONAL RETAIL PROPERTIES, INC. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
43Moderate
NNNsell 3
NATIONAL RETAIL PROPERTIES, INC.
Jonathan Adamo
EVP Chief Portfolio Operations
$270k
6,000 shares
-5%
58Moderate
NNNsell 2
NATIONAL RETAIL PROPERTIES, INC.
Stephen A Horn JR
President & CEO
$1.5M
33,192 shares
-4%
36Weak
NNNsell
NATIONAL RETAIL PROPERTIES, INC.
Michelle Lynn Miller
EVP,Chief Acctg & Tech Officer
$422k
10,000 shares
-11%
27Weak
NNNsell
NATIONAL RETAIL PROPERTIES, INC.
Jonathan Adamo
EVP, Portfolio Operations
$204k
4,800 shares
-5%
50Moderate
NNNsell
NATIONAL RETAIL PROPERTIES, INC.
Stephen A Horn JR
President & CEO
$2.4M
55,356 shares
-7%
21Weak
NNNsell
NATIONAL RETAIL PROPERTIES, INC.
Michelle Lynn Miller
EVP,Chief Acctg & Tech Officer
$43k
1,000 shares
-1%
43Moderate
NNNsell 3
NATIONAL RETAIL PROPERTIES, INC.
Jonathan Adamo
EVP, Portfolio Operations
$236k
5,000 shares
-7%
65Notable
NNNsell 3
NATIONAL RETAIL PROPERTIES, INC.
Stephen A Horn JR
President & CEO
$1.3M
28,192 shares
-5%
62Notable
NNNsell 4
NATIONAL RETAIL PROPERTIES, INC.
Kevin B Habicht
EVP, Chief Financial Officer
$1.1M
24,222 shares
-7%
35Weak
NNNsell 2
NATIONAL RETAIL PROPERTIES, INC.
Michelle Lynn Miller
EVP,Chief Acctg & Tech Officer
$188k
4,000 shares
-5%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Michelle Lynn Miller sold $176k of NNN | InsiderTell