Coniglio Anthony 4

What Happened

• Anthony Coniglio, President & CEO and director of NewLake Capital Partners (NLCP), reported RSU vesting and related share dispositions. On March 10, 2026, 1,384 restricted stock units (RSUs) vested (acquired at $0). To cover tax obligations, 1,821 shares were withheld/ surrendered at $16.00 each ($29,136). The 1,384 vested RSUs were then disposed to the issuer on March 11, 2026 at $16.00 each ($22,144). Total shares disposed: 3,205 for aggregate proceeds of $51,280 (at $16.00 per share).

Key Details

• Transaction dates & prices:
  • 2026-03-10: 1,821 shares withheld/ disposed for taxes at $16.00 — $29,136 (code F).
  • 2026-03-10: 1,384 RSUs vested (acquired at $0.00) — derivative grant (code A).
  • 2026-03-11: 1,384 shares disposed to issuer at $16.00 — $22,144 (derivative disposition, code D).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes:
  • F1: 1,821 shares were withheld to pay taxes on vesting of previously granted RSUs.
  • F2: Dividend equivalent rights accrued on the RSUs were settled in cash per the 2021 Equity Incentive Plan; the share count for those equivalents was computed using the $16.00 closing price on March 10, 2026.
• Filing/timeliness: Form 4 was filed on March 11, 2026 for transactions occurring March 10–11, 2026 — filed the next day and appears timely under standard reporting rules.

Context

• These transactions reflect routine equity compensation processing (RSU vesting, dividend-equivalent settlement, and tax withholding), not an open‑market sell decision. The A (award) entry reflects RSUs vesting (derivative acquisition); the F and D entries reflect shares surrendered/withheld to settle tax and plan obligations. Such administrative dispositions are common after RSU vesting and do not necessarily indicate a change in insider sentiment.