VEREIT, Inc.: directors' dealings · United States · SEC (Form 4)

About VEREIT, Inc.

VEREIT, Inc. was a U.S.-listed real estate company that traded on the NYSE in the United States. It was best known for owning and managing a large portfolio of single-tenant commercial properties, primarily under long-term net lease structures. In this model, VEREIT provided real estate capital to corporate tenants in exchange for contractually defined rental income, a structure that typically emphasizes recurring cash flow, long lease terms, and limited day-to-day operating exposure compared with traditional property owners. The company was founded in 2010 under the name American Realty Capital Properties and later rebranded as VEREIT after a major accounting scandal and subsequent corporate restructuring. Its headquarters were in Phoenix, Arizona. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1507385/000150738521000128/vereitex991pressrelease-q1.htm?utm_source=openai)) From a business standpoint, VEREIT operated as a full-service real estate platform focused on commercial net-leased assets in the United States. Its portfolio was built around properties occupied by creditworthy tenants across a range of industries, with the company acting as a capital partner rather than a traditional active property operator. That positioning made VEREIT part of the competitive REIT universe alongside other large net-lease landlords competing for scale, tenant quality, and disciplined acquisition opportunities. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1507385/000150738521000128/vereitex991pressrelease-q1.htm?utm_source=openai)) VEREIT’s market position was notable because of the size of its portfolio and its exposure to long-duration lease income. At the same time, the company’s history was shaped by a serious governance and accounting episode in the mid-2010s, which affected investor confidence and remained an important part of its equity story. Over time, VEREIT worked through that legacy and became a significant consolidation target in the net-lease sector. ([en.wikipedia.org](https://en.wikipedia.org/wiki/VEREIT?utm_source=openai)) The key recent development was the company’s acquisition by Realty Income. Realty Income announced the all-stock merger in April 2021, and the transaction closed on November 1, 2021. Following closing, VEREIT ceased to exist as an independent publicly traded company; its real estate assets were absorbed into Realty Income, while office-related assets were separated into Orion Office REIT. For today’s investors reviewing SEC Form 4 activity, this means VEREIT should be understood as a legacy issuer whose standalone equity no longer trades, rather than an active NYSE/NASDAQ listing. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1507385/000150738521000096/prmerger.htm?utm_source=openai))