Form 4: Broadstone Net Lease EVP, CFO & Treasurer Kevin Fennell Acquires 5,000 Shares

Kevin Fennell, EVP, CFO & Treasurer of Broadstone Net Lease, Inc., purchased 5,000 shares of common stock at $15.87 per share on May 6, 2025.

Summary

• On May 6, 2025, Kevin Fennell, the EVP, CFO & Treasurer of Broadstone Net Lease, Inc. (BNL), acquired 5,000 shares of BNL common stock.
• The purchase price was $15.87 per share.
• Following the transaction, Fennell directly owns 178,429 shares of BNL, which includes 130,842 shares of unvested restricted stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The purchase of shares by an executive is generally viewed as a positive sign, but it's a relatively small transaction and doesn't provide a strong signal.

Positives

• The purchase of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are routinely monitored and reported to the SEC. They provide insights into management's perspective on the company's valuation and future performance. This purchase aligns with standard practices of executive compensation and investment.

Stakeholder Impact

• The purchase could have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Broadstone Net Lease, BNL, Kevin Fennell, Form 4, insider trading, stock purchase, executive, CFO, treasurer