Form 4: Broadstone Net Lease Director Acquires Additional Shares
SEC Form 4 Filing
Director David M. Jacobstein purchased 1,500 shares of Broadstone Net Lease (BNL) at $16.28 per share on May 8, 2025.
Summary
- On May 8, 2025, David M. Jacobstein, a director of Broadstone Net Lease, Inc. (BNL), acquired 1,500 shares of common stock at a price of $16.28 per share.
- The transaction increased Jacobstein's direct holdings to 65,633 shares.
- This total includes 6,263 shares of unvested restricted stock, 20,559 shares held in an IRA, and 16,402 shares held in a trust where Jacobstein has sole voting and investment power.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a relatively small transaction.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of the transaction: David M. Jacobstein purchased 1,500 shares of BNL. |
| 05/12/2025 | Date of signature on the Form 4 filing. |
Keywords
Broadstone Net Lease, BNL, Form 4, Director, Jacobstein, Stock Acquisition, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.