Form 4: Broadstone Net Lease Director James H. Watters Acquires Additional Shares
SEC Form 4 Filing
Director James H. Watters increased his holdings in Broadstone Net Lease, Inc. (BNL) through open market purchases.
Summary
- On May 5, 2025, James H. Watters, a director of Broadstone Net Lease, Inc. (BNL), purchased 2,000 shares of common stock at a price of $16.13 per share.
- Following this transaction, Watters directly owns 120,362 shares of BNL common stock, which includes 6,263 shares of unvested restricted stock.
- On May 6, 2025, Watters purchased an additional 2,000 shares of common stock at a price of $15.98 per share.
- Following this transaction, Watters directly owns 122,362 shares of BNL common stock, which includes 6,263 shares of unvested restricted stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects routine insider buying, which can be seen as a mildly positive signal, but it's not a major event.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It's common for directors and officers to buy or sell shares of their company, and these transactions are closely monitored by regulators and investors.
Stakeholder Impact
- The purchase of shares by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | Director James H. Watters purchased 2,000 shares of BNL at $16.13 per share. |
| 05/06/2025 | Director James H. Watters purchased 2,000 shares of BNL at $15.98 per share. |
Keywords
Broadstone Net Lease, BNL, director, insider trading, Form 4, James H. Watters, stock acquisition
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