Imperiale Richard P 4

What Happened Richard P. Imperiale, a director of Broadstone Net Lease, Inc. (BNL), was granted 4,987 shares of restricted stock on May 1, 2026. The award was reported as an acquisition at $0.00 per share (reported value $0) under the company's non-employee director compensation policy and the 2020 Omnibus Equity Incentive Plan. The shares are unvested at grant.

Key Details

• Transaction date: 2026-05-01; transaction code: A (award/grant).
• Shares granted: 4,987 restricted shares; reported acquisition price: $0.00 (total reported value $0).
• Vesting: Shares vest in full on the earlier of (i) May 1, 2027; or (ii) the date of the issuer's next annual meeting of stockholders, provided that such meeting is at least 50 weeks after the issuer's 2027 annual meeting (per footnote).
• Footnotes: F1 describes the grant and vesting conditions; F2 notes the amount consists of 4,987 unvested restricted shares.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Reported on 2026-05-01 (same day as the transaction date), indicating a timely Form 4 filing.

Context This is a standard equity award under the company’s director compensation arrangements and represents deferred/vesting pay rather than an open-market purchase or sale. Such grants are common for non-employee directors and reflect compensation practices, not an immediate economic sale or purchase.