Form 4: NewLake Capital Partners Director David L. Weinstein Sells 6,026 Shares

Director David L. Weinstein sold 6,026 shares of NewLake Capital Partners, Inc. (NLCP) on August 22, 2024, at a weighted average price of $20.56 per share.

Summary

• On August 22, 2024, David L. Weinstein, a director of NewLake Capital Partners, Inc. (NLCP), sold 6,026 shares of common stock.
• The sale was executed at a weighted average price of $20.56 per share.
• The price range for the shares sold was between $20.43 and $20.71.
• Following the transaction, Weinstein directly owns 63,823 shares of NLCP.
• Weinstein had previously filed a Form 144 on August 14, 2024, covering the sale of the Issuer's common stock reported in Table I.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This Form 4 filing is a routine disclosure of a transaction by a company insider. It provides transparency to the market regarding the trading activities of individuals with significant knowledge of the company.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold compared to the total outstanding shares.

Key Dates