The verb "read" is spelled the same but pronounced differently depending on the context.
1. When "read" is used in the present tense, it is pronounced as /ri:d/ (reed) like "reed" from a book.
2. When "read" is used in the past tense, it is pronounced as /rɛd/ (red) like the color red.
This difference in pronunciation depending on the tense of the verb makes "read" unique among the given options.