Form 4: NewLake Capital Partners CEO Anthony Coniglio Reports Stock Transaction
SEC Form 4 Filing
Anthony Coniglio, President and CEO of NewLake Capital Partners, reports the disposal of 1,313 shares of common stock to cover tax obligations related to vesting RSUs.
Summary
- On March 11, 2024, Anthony Coniglio, the President and CEO of NewLake Capital Partners, disposed of 1,313 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 $16.28 per share.
- Following the transaction, Coniglio directly owns 578,719 shares of NewLake Capital Partners.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, which has a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company executives and major shareholders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock transaction: disposal of 1,313 shares. |
| 03/12/2024 | 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.