<SEC-DOCUMENT>0001645873-20-000151.txt : 20200708
<SEC-HEADER>0001645873-20-000151.hdr.sgml : 20200708
<ACCEPTANCE-DATETIME>20200708123128
ACCESSION NUMBER:		0001645873-20-000151
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20200703
FILED AS OF DATE:		20200708
DATE AS OF CHANGE:		20200708

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Halfacre Aaron Scott
		CENTRAL INDEX KEY:			0001615279

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-55776
		FILM NUMBER:		201017814

	MAIL ADDRESS:	
		STREET 1:		2100 REXFORD ROAD
		STREET 2:		SUITE 300
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28211

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RW HOLDINGS NNN REIT, INC.
		CENTRAL INDEX KEY:			0001645873
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				474156046
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		120 NEWPORT CENTER DRIVE
		CITY:			NEWPORT BEACH
		STATE:			CA
		ZIP:			92660
		BUSINESS PHONE:		855-742-4862

	MAIL ADDRESS:	
		STREET 1:		120 NEWPORT CENTER DRIVE
		CITY:			NEWPORT BEACH
		STATE:			CA
		ZIP:			92660

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Rich Uncles NNN REIT, Inc.
		DATE OF NAME CHANGE:	20151209

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Rich Uncles REIT, Inc.
		DATE OF NAME CHANGE:	20150623

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Rich Uncles Reit, Inc.
		DATE OF NAME CHANGE:	20150622
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>wf-form4a_159422587446780.xml
<DESCRIPTION>FORM 4/A
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2020-07-03</periodOfReport>

    <dateOfOriginalSubmission>2020-07-08</dateOfOriginalSubmission>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001645873</issuerCik>
        <issuerName>RW HOLDINGS NNN REIT, INC.</issuerName>
        <issuerTradingSymbol>NONE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001615279</rptOwnerCik>
            <rptOwnerName>Halfacre Aaron Scott</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>120 NEWPORT CENTER DR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEWPORT BEACH</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>92660</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>CEO</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable></nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Class M OP Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.0</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2020-07-03</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>5097</value>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>4.90</value>
                    <footnoteId id="F5"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F4"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class M OP Units</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>25485.0</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>125485</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Reporting person purchased 5,097 units of Daisho OP Holdings, LLC (&quot;Daisho&quot;) in a private transaction.  These units entitle the reporting person to an equal number of units of Class M limited partnership interest (&quot;Class M OP Units&quot;), which are convertible into 25,485 shares of the issuer's Class C common stock as described in footnote 3.</footnote>
        <footnote id="F2">The reported securities represent the reporting person's proportionate interest in the total amount of Class M OP Units held directly by Daisho. On July 6, 2020 Daisho distributed the Class M OP Units to its members including the reporting person.</footnote>
        <footnote id="F3">Pursuant to the provisions contained in the second amended and restated limited partnership agreement of NNN OP, Class M OP Units that have been outstanding for at least one year may be converted by the holder into shares of the issuer's Class C common stock, subject to a reduced conversion ratio if converted prior to December 31, 2023. The Class M OP Units that are held for four years are convertible at an initial conversion ratio of 1:5 which may increase if certain performance milestones are achieved.</footnote>
        <footnote id="F4">There is no expiration date in connection with the Class M OP Units issued to the reporting person.</footnote>
        <footnote id="F5">Reporting person paid $125,000 for the 5,097 Daisho units.  Therefore, the implied price for 25,485 shares of Class C common stock in this transaction is $4.90 per share based on the minimum Class M OP Unit conversion ratio of 1:5.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ AARON SCOTT HALFACRE</signatureName>
        <signatureDate>2020-07-08</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
