Getty Realty Stockholders Re-Elect Directors, Back Say-on-Pay as CEO Touts 2025 Growth

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Sun, April 26, 2026 astatine 10:03 AM CDT 6 min read

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Stockholders re-elected Getty Realty’s board, approved the advisory say-on-pay vote, and ratified PricewaterhouseCoopers arsenic the company’s autarkic auditor, with last results to beryllium reported connected Form 8‑K.
CEO Christopher Constant said Getty underwrote a grounds $7 cardinal of existent property successful 2025 and deployed $270 cardinal (including 73 properties for $255 million) astatine a 7.9% archetypal currency yield, driving an ~12% summation successful annualized basal rent, 3.8% AFFO per stock growth, and a higher recurring dividend.
Getty strengthened liquidity and diversification—raising astir $300 cardinal of long‑term indebtedness and imperishable equity, expanding its revolver to $450 million, issuing $250 cardinal of 10‑year notes astatine 5.76%, and completing a $130 cardinal guardant equity offering—while its portfolio grew to astir 1,200 properties crossed 45 states with 99.7% occupancy and implicit 30% of basal rent from non‑convenience assets.
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Getty Realty (NYSE:GTY) held its 2026 yearly gathering of stockholders virtually connected Tuesday, wherever shareholders voted to re-elect directors, approved an advisory “say-on-pay” proposal, and ratified the company’s autarkic auditor. Chief Executive Officer and President Christopher Constant besides highlighted 2025 concern activity, portfolio diversification efforts, and the company’s superior presumption entering 2026.

Constant opened the gathering by introducing the manager nominees and members of absorption participating, including Howard Safenowitz (Chairman), Milton Cooper, Philip Coviello, Evelyn Infurna, and Mary Lou Malanoski, on with executives Joshua Dicker, Brian Dickman, RJ Ryan, and Eugene Shnayderman. Representatives from PricewaterhouseCoopers LLP, the company’s autarkic registered nationalist accounting firm, besides attended.

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Joshua Dicker, the company’s Executive Vice President, General Counsel, and Secretary, served arsenic Inspector of Elections and reported preliminary ballot results, taxable to last confirmation. According to Dicker:

Proposal 1: All manager nominees were elected, each receiving “the affirmative ballot of a plurality of the full votes cast.”
Proposal 2: The advisory ballot to o.k. named enforcement serviceman compensation received “the affirmative ballot of a bulk of each votes cast” connected the proposal. Dicker said the committee “will springiness this stockholder ballot owed consideration.”
Proposal 3: Stockholders approved the ratification of PricewaterhouseCoopers LLP arsenic autarkic auditor for the twelvemonth ending Dec. 31, 2026, with “the affirmative ballot of a bulk of each the votes cast.”