Coniglio Anthony 4
4 · NewLake Capital Partners, Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
NewLake (NLCP) CEO Anthony Coniglio Sells 3,205 Shares
What Happened
- Anthony Coniglio, President & CEO and director of NewLake Capital Partners (NLCP), reported RSU vesting and related share dispositions. On March 10, 2026, 1,384 restricted stock units (RSUs) vested (acquired at $0). To cover tax obligations, 1,821 shares were withheld/ surrendered at $16.00 each ($29,136). The 1,384 vested RSUs were then disposed to the issuer on March 11, 2026 at $16.00 each ($22,144). Total shares disposed: 3,205 for aggregate proceeds of $51,280 (at $16.00 per share).
Key Details
- Transaction dates & prices:
- 2026-03-10: 1,821 shares withheld/ disposed for taxes at $16.00 — $29,136 (code F).
- 2026-03-10: 1,384 RSUs vested (acquired at $0.00) — derivative grant (code A).
- 2026-03-11: 1,384 shares disposed to issuer at $16.00 — $22,144 (derivative disposition, code D).
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes:
- F1: 1,821 shares were withheld to pay taxes on vesting of previously granted RSUs.
- F2: Dividend equivalent rights accrued on the RSUs were settled in cash per the 2021 Equity Incentive Plan; the share count for those equivalents was computed using the $16.00 closing price on March 10, 2026.
- Filing/timeliness: Form 4 was filed on March 11, 2026 for transactions occurring March 10–11, 2026 — filed the next day and appears timely under standard reporting rules.
Context
- These transactions reflect routine equity compensation processing (RSU vesting, dividend-equivalent settlement, and tax withholding), not an open‑market sell decision. The A (award) entry reflects RSUs vesting (derivative acquisition); the F and D entries reflect shares surrendered/withheld to settle tax and plan obligations. Such administrative dispositions are common after RSU vesting and do not necessarily indicate a change in insider sentiment.
Insider Transaction Report
Form 4
Coniglio Anthony
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock, par value $0.01 per share
[F1]2026-03-10$16.00/sh−1,821$29,136→ 601,254 total - Award
Dividend Equivalent Rights
[F2]2026-03-10+1,384→ 1,384 totalExercise: $0.00→ Common Stock (1,384 underlying) - Disposition to Issuer
Dividend Equivalent Rights
[F2]2026-03-11$16.00/sh−1,384$22,144→ 0 totalExercise: $0.00→ Common Stock (1,384 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, attorney in fact|2026-03-11