Form 4: Broadstone Net Lease CEO Acquires 10,000 Shares

Broadstone Net Lease's CEO, John David Moragne, purchased 10,000 shares of common stock at a weighted average price of $16.13 on May 5, 2025.

Summary

• On May 5, 2025, John David Moragne, the CEO of Broadstone Net Lease, Inc. (BNL), acquired 10,000 shares of BNL common stock.
• The shares were purchased at a weighted average price of $16.13.
• Following the transaction, Moragne directly owns 449,791 shares, which includes 307,228 shares of unvested restricted stock.
• The reported shares are owned jointly with the reporting person's spouse, with respect to which the reporting person shares voting and investment power.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CEO's purchase is a positive signal, but it's a relatively small transaction and doesn't provide definitive insight into the company's overall health.

Positives

• The CEO's purchase of shares could be interpreted as a positive signal about the company's prospects.

Industry Context

Insider transactions are closely watched by investors as they can provide insights into management's perspective on the company's value and future performance. A purchase by the CEO is generally seen as a positive sign.

Stakeholder Impact

• The CEO's purchase could have a slightly positive impact on shareholder confidence.

Key Dates

Keywords

Broadstone Net Lease, BNL, John David Moragne, CEO, share purchase, Form 4, insider trading, common stock