Form 4: NewLake Capital Partners CEO Anthony Coniglio Disposes of Shares for Tax Obligations
SEC Form 4 Filing
Anthony Coniglio, President and CEO of NewLake Capital Partners, disposed of 2,251 shares to cover tax obligations related to vesting RSUs.
Summary
- On March 10, 2025, Anthony Coniglio, the President and CEO of NewLake Capital Partners, disposed of 2,251 shares of common stock.
- The transaction was executed to cover tax obligations associated with the vesting of previously granted Restricted Stock Units (RSUs).
- The shares were sold at a price of $15.49 per share.
- Following the transaction, Coniglio directly owns 592,086 shares of NewLake Capital Partners.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing relates to a standard transaction for tax purposes and doesn't indicate any significant change in the executive's position or the company's outlook.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency regarding insider transactions. This filing indicates a routine transaction related to tax obligations and doesn't necessarily reflect a change in the executive's long-term outlook on the company.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of transaction: Anthony Coniglio disposed of 2,251 shares. |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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.