Meyer Lisa 4
4 · NewLake Capital Partners, Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
NewLake (NLCP) CFO Lisa Meyer Surrenders Shares to Cover Taxes
What Happened
- Lisa Meyer, CFO (also Treasurer & Secretary) of NewLake Capital Partners (NLCP), had restricted stock units (RSUs) vest and surrendered shares to satisfy tax and dividend-equivalent settlements. On 2026-03-10, 344 shares were withheld to pay taxes (disposed) at $16.00 each for $5,504. A related 294.6 share derivative entry (dividend-equivalent RSUs) was recorded on 2026-03-10 and then disposed to the issuer on 2026-03-11 at $16.00 each for $4,714. Combined, 638.6 shares were surrendered for about $10,218.
Key Details
- Transaction dates/prices: 3/10/2026 — 344 shares withheld @ $16.00 ($5,504); 3/10/2026 — 294.6 RSU-related shares granted (derivative) @ $0.00; 3/11/2026 — 294.6 shares disposed to issuer @ $16.00 ($4,714).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes: F1 — 344 shares were withheld to pay taxes on vested RSUs. F2 — dividend-equivalent rights accrued on RSUs were settled (cash) per the 2021 Equity Incentive Plan when RSUs vested; the number of shares underlying those dividend equivalents was calculated using the $16.00 closing price on 3/10/2026.
- Filing timeliness: Report filed 2026-03-11 for transactions on 2026-03-10/11 — appears timely (no late-filing note).
Context
- These were not open-market purchases or informative sales of existing stock but routine RSU vesting-related actions: tax withholding and settlement of dividend-equivalent rights. Such withholdings/surrenders are common following equity vesting and do not by themselves indicate a change in insider sentiment.
Insider Transaction Report
Form 4
Meyer Lisa
CFO, Treasurer and Secretary
Transactions
- Tax Payment
Common Stock, par value $0.01 per share
[F1]2026-03-10$16.00/sh−344$5,504→ 13,873 total - Award
Dividend Equivalent Rights
[F2]2026-03-10+294.6→ 294.6 totalExercise: $0.00→ Common Stock (294.6 underlying) - Disposition to Issuer
Dividend Equivalent Rights
[F2]2026-03-11$16.00/sh−294.6$4,714→ 0 totalExercise: $0.00→ Common Stock (294.6 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 March 10, 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 $16.00, which was the closing price of the Issuer's common stock on March 10, 2026.
Signature
/s/ Lisa Meyer|2026-03-11