Coniglio Anthony 4

Accession 0001543841-26-000002

CIK 0001854964other

Filed

Jan 22, 7:00 PM ET

Accepted

Jan 23, 5:21 PM ET

Size

11.4 KB

Accession

0001543841-26-000002

AI-generated summary of this filing

Updated Jan 23, 2026

NewLake (NLCP) CEO Anthony Coniglio Receives Award; Shares Withheld

What Happened

Anthony Coniglio, President, CEO and Director of NewLake Capital Partners (NLCP), had performance stock units (PSUs) vest on Jan 22, 2026 that converted into common stock. The filing shows 23,924 shares issued upon vesting (award/ acquisition).
To satisfy tax liabilities tied to the vesting, 10,771 shares were surrendered/withheld on Jan 23, 2026 (code F) at $15.00 per share for a value of $161,565. Separately, dividend-equivalent rights associated with the PSUs were settled (reported as a derivative-related disposition of 7,958.7 share-equivalents) resulting in $119,381 (7,958.7 × $15.00).

Key Details

Transaction dates: PSUs vested Jan 22, 2026; tax withholding disposition executed Jan 23, 2026.
Prices and values shown: tax withholding 10,771 shares @ $15.00 = $161,565; dividend-equivalent disposition 7,958.7 share-equivalents @ $15.00 = $119,381. Combined value of surrendered/settled shares = $280,946.
Footnotes: Compensation Committee certified PSU performance for the 1/1/2023–12/31/2025 period; PSUs convert 1:1 into common stock (2021 Equity Incentive Plan). Dividend equivalents accrued and were settled in cash per the plan; the number of share-equivalents was computed using the $15.00 closing price on Jan 22, 2026. Shares were withheld to pay taxes.
Shares owned following the reported transactions are not specified in the provided excerpt of the filing.
Filing timing: Report filed Jan 23, 2026 for transactions on Jan 22–23, 2026 (appears timely).

Context

This was not an open-market sale for investment liquidity but routine vesting of previously granted PSUs with shares surrendered/settled to cover tax obligations and dividend-equivalent settlement. Such tax withholding dispositions (code F) are common after awards vest and do not necessarily signal the insider’s view on the company’s stock.

Form 4

Period: 2026-01-22

DirectorPresident and CEO

Transactions

Award
Common Stock, par value $0.01 per share
[F1][F2]
2026-01-22+23,924→ 617,210 total
Tax Payment
Common Stock, par value $0.01 per share
[F3]
2026-01-23$15.00/sh−10,771$161,565→ 606,439 total
Award
Dividend Equivalent Rights
[F4]
2026-01-22+7,958.7→ 7,958.7 total
Exercise: $0.00→ Common Stock (7,958.7 underlying)
Disposition to Issuer
Dividend Equivalent Rights
[F4]
2026-01-22$15.00/sh−7,958.7$119,381→ 0 total
Exercise: $0.00→ Common Stock (7,958.7 underlying)

Footnotes (4)

[F1]On January 22, 2026, the Compensation Committee of the Board of Directors of NewLake Capital Partners, Inc. (the "Issuer") certified the Reporting Person's achievement relative to the applicable performance hurdles during the measurement period that began on January 1, 2023, and ended on December 31, 2025, and approved the vesting of the performance stock units ("PSUs").
[F2]In accordance with the award agreement and the Issuer's 2021 Equity Incentive Plan, the PSUs convert into common stock on a one-for-one basis.
[F3]Shares reported were withheld from the Reporting Person for the payment of taxes associated with the vesting of the PSUs.
[F4]Dividend equivalent rights accrued with respect to these PSUs 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 PSUs vested on January 22, 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 $15.00, which was the closing price of the Issuer's common stock on January 22, 2026.

Signature

/s/ Lisa Meyer, attorney in fact|2026-01-23

1 file

NewLake Capital Partners, Inc.

CIK 0001854964

Entity typeother