Meyer Lisa 4
4 · NewLake Capital Partners, Inc. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
NewLake (NLCP) CFO Lisa Meyer Sells RSU Shares
What Happened
Lisa Meyer, CFO, Treasurer and Secretary of NewLake Capital Partners (NLCP), had restricted stock units (RSUs) vest on Feb 17, 2026. As a result, 565 shares were withheld to cover taxes (disposed at $16.25 for $9,181) and 159 shares relating to dividend-equivalent rights were recorded as acquired and then disposed to the issuer (settled at $16.25 for $2,584). These actions reflect vesting and plan settlements, not an open-market investment decision.
Key Details
- Transaction dates: RSU vesting and tax withholding reported for 2026-02-17; disposal to issuer of 159 derivative shares reported 2026-02-18. Filing date: 2026-02-18.
- Prices and values: withholding/disp. price $16.25; 565 shares withheld = $9,181; 159 derivative shares disposed = $2,584.
- Shares acquired then disposed: 159 shares reported as an award/acquisition (derivative) on 2/17, then disposed to the issuer on 2/18.
- Footnotes: F1 — 565 shares were withheld from Meyer to pay taxes on vested RSUs. F2 — dividend-equivalent rights accrued on these RSUs were settled in cash per the 2021 Equity Incentive Plan; the dollar settlement was converted to a share count using the $16.25 close on 2/17.
- Shares owned after transaction: Not disclosed in this Form 4.
- Timeliness: Filing was submitted the next day (filed 2/18 for transactions 2/17–2/18); no late filing flag in this report.
Context
- This is a routine RSU vesting and settlement event. The 565-share action is tax withholding (routine), and the 159-share activity reflects settlement of dividend-equivalent rights rather than a market sale by the insider.
- Such withholdings and plan-driven settlements are common and do not necessarily indicate insider sentiment about the company’s stock.
Insider Transaction Report
Form 4
Meyer Lisa
CFO, Treasurer and Secretary
Transactions
- Tax Payment
Common Stock, par value $0.01 per share
[F1]2026-02-17$16.25/sh−565$9,181→ 14,801 total - Award
Dividend Equivalent Rights
[F2]2026-02-17+159→ 159 totalExercise: $0.00→ Common Stock (159 underlying) - Disposition to Issuer
Dividend Equivalent Rights
[F2]2026-02-18$16.25/sh−159$2,584→ 0 totalExercise: $0.00→ Common Stock (159 underlying)
Footnotes (2)
- [F1]Shares reported were withheld from the Reporting Person for the payment of taxes associated with the vesting of previously granted RSUs.
- [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 in accordance with the 2021 Equity Incentive Plan when the underlying RSUs vested on February 17, 2026. The number of shares of common stock underlying the dividend equivalent rights was determined by dividing the dollar amount of the accrued dividend equivalent rights by $16.25, which was the closing price of the Issuer's common stock on February 17, 2026.
Signature
/s/ Lisa Meyer|2026-02-18