Getty Realty Corp. Announces Pricing of Public Offering of 4,000,000 Shares of Common Stock

Core Viewpoint - Getty Realty Corp. has announced a public offering of 4,000,000 shares of its common stock, aiming for gross proceeds of approximately $131 million, with a closing date expected on February 19, 2026 [1] Group 1: Offering Details - The offering includes a 30-day option for underwriters to purchase an additional 600,000 shares [1] - J.P. Morgan and Wells Fargo Securities are acting as book-running managers for the offering [2] - The company will enter into forward sale agreements with J.P. Morgan and Wells Fargo, allowing for the borrowing and selling of shares to underwriters [3] Group 2: Financial Implications - The company will not initially receive proceeds from the forward purchasers' sale of shares [4] - Net proceeds from the offering will be used for property acquisitions, debt repayment, working capital, and other corporate purposes [4] Group 3: Company Overview - Getty Realty Corp. is a net lease REIT focused on convenience and automotive retail real estate, with a portfolio of 1,174 properties across 44 states and Washington, D.C. as of December 31, 2025 [11]