Rollman Dina 4
Research Summary
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NewLake (NLCP) Director Dina Rollman Receives RSU Award
What Happened
- Dina Rollman, a director of NewLake Capital Partners, received an award of 4,035 restricted stock units (RSUs) valued at $14.87 each (total ≈ $60,000) on June 4, 2026. In addition, 482 dividend-equivalent units related to these RSUs were treated as a derivative and cash-settled to the issuer for $7,167 (reported as a disposition).
Key Details
- Transaction date: June 4, 2026; filing date: June 8, 2026 (filed timely).
- Award: 4,035 RSUs @ $14.87 each = $60,000 (code A).
- Derivative/cash settlement: 482 dividend-equivalent units reported as acquired (derivative) then disposed to the issuer for $14.87 each = $7,167 (codes A and D).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 explains the RSUs are granted under the 2021 Equity Incentive Plan and the RSU count used the June 4, 2026 closing price; the RSUs vest 100% on the earlier of June 4, 2027 or the 2027 annual meeting. F2 explains dividend-equivalent rights accrued on the RSUs were settled in cash on June 4, 2026 and were calculated using the $14.87 closing price.
Context
- This is primarily an equity award to a director (not an open-market purchase or sale). The 482-unit “disposition” reflects cash settlement of dividend equivalents, not a typical open-market sale of owned shares. Awards like RSUs are routine compensation for board service and are informational rather than direct signals of buying or selling sentiment.