NewLake Capital Partners, Inc.·4

Jun 8, 4:09 PM ET

Martay Peter Wiser 4

4 · NewLake Capital Partners, Inc. · Filed Jun 8, 2026

Research Summary

AI-generated summary of this filing

Updated

NewLake Capital (NLCP) Director Martay Wiser Receives RSU Award

What Happened

  • Martay Peter Wiser, a director of NewLake Capital Partners, received a grant of 4,035 restricted stock units (RSUs) valued using the $14.87 closing price on June 4, 2026 (4,035 × $14.87 ≈ $60,000).
  • Separately, 482 dividend-equivalent RSUs were settled in cash (treated as a disposition to the issuer) at $14.87 per share for $7,167. The 482 units are derivative/dividend-equivalent amounts rather than a cash purchase or sale of shares.

Key Details

  • Transaction date: June 4, 2026. Price used: $14.87 per share.
  • Grant: 4,035 RSUs (Report Code A) — value ≈ $60,000.
  • Derivative cash settlement: 482 shares (acquired as derivative then disposed to issuer) — $7,167 cash (Report Codes A then D for the derivative).
  • Vesting: The newly granted 4,035 RSUs vest 100% on the earlier of June 4, 2027 or the 2027 annual meeting (per filing footnote).
  • Footnote on dividend equivalents: dividend-equivalent rights accrued on RSUs were converted to cash on June 4, 2026; the number (482) was calculated by dividing the accrued dollar amount by the $14.87 closing price.
  • Shares owned after the transaction: not specified in the filing.
  • Filing timeliness: Report filed June 8, 2026 for a June 4 transaction — appears to be later than the typical 2-business-day Form 4 deadline.

Context

  • This filing reflects a compensation award (RSU grant) and a routine cash settlement of dividend equivalents, not an open-market buy or a sale for investment reasons. RSU grants are common director compensation and do not by themselves indicate a purchase decision. The cash settlement simply converts accrued dividend equivalents into cash based on the stock price.

Insider Transaction Report

Form 4
Period: 2026-06-04
Transactions
  • Award

    Common Stock, par value $0.01 per share

    [F1]
    2026-06-04$14.87/sh+4,035$60,00096,445 total
  • Award

    Dividend Equivalent Rights

    [F2]
    2026-06-04+482482 total
    Common Stock (482 underlying)
  • Disposition to Issuer

    Dividend Equivalent Rights

    [F2]
    2026-06-04$14.87/sh482$7,1670 total
    Common Stock (482 underlying)
Footnotes (2)
  • [F1]Represents common stock of NewLake Capital Partners, Inc. (the "Issuer") subject to restricted stock units ("RSUs") granted to the Reporting Person pursuant to the Issuer's 2021 Equity Incentive Plan for service on the Issuer's board of directors. Per the terms of the agreement, the number of RSUs granted was determined using the closing price of the Issuer's common stock on June 4, 2026. The RSUs will vest, subject to continued service, 100% on the earlier of (i) June 4, 2027 or (ii) the date of the Issuer's 2027 annual meeting of stockholders.
  • [F2]Dividend equivalent rights accrued with respect to these RSUs when and as dividends were paid on the Issuer's common stock. The dividend equivalent rights were settled in cash on June 4, 2026, in accordance with the terms of the 2021 Equity Incentive Plan, subsequent to the vesting of the underlying RSUs on June 4, 2026. The number of shares of common stock underlying the dividend equivalent rights were determined by dividing the dollar amount of the accrued dividend equivalent rights by $14.87, which was the closing price of the Issuer's common stock on June 4, 2026.
Signature
/s/ Lisa Meyer, attorney in fact|2026-06-08

Documents

1 file
  • 4
    wk-form4_1780949353.xmlPrimary

    FORM 4