Coniglio Anthony 4
Research Summary
AI-generated summary
NewLake (NLCP) CEO Anthony Coniglio Buys 350 Shares
What Happened
- Anthony Coniglio, President & CEO and a director of NewLake Capital Partners, acquired 350 shares of NLCP in an open-market purchase on 2026-05-13. The transaction price was $14.33 per share, for a total reported value of approximately $5,016. This was a purchase (transaction code P), which insiders often view as a positive signal but does not guarantee future performance.
Key Details
- Transaction date: 2026-05-13 (reported on Form 4 filed 2026-05-14; Accession 0001543841-26-000013)
- Price per share: $14.33; Shares acquired: 350; Total value: ~$5,016
- Transaction type: Open-market purchase (P)
- Shares owned after transaction: Not specified in the provided summary — check the full Form 4 for "Amount of Securities Owned Following Reported Transaction."
- Footnotes/plans: No 10b5‑1 plan, tax withholding, or other special footnotes were disclosed in the filing excerpt.
- Timeliness: Filed the next day (appears timely, not marked late).
Context
- Insider purchases are informative because executives have the most insight into their company, but a single small purchase (here ~$5k) is limited in scale. For full context, retail investors should review the complete Form 4 for post-transaction ownership and monitor other insider activity and company fundamentals.