4/A: NewLake Capital Partners Director David L. Weinstein Sells Shares, Amends Previous Filing

Director David L. Weinstein sold 6,226 shares of NewLake Capital Partners (NLCP) common stock at a weighted average price of $20.55 and amended a previous filing to correct the weighted average price, number of shares sold, and the resulting amount of securities beneficially owned.

Summary

• On August 22, 2024, David L. Weinstein, a director of NewLake Capital Partners, sold 6,226 shares of common stock at a weighted average price of $20.55.
• The sale was executed at prices ranging from $20.42 to $20.71.
• Following the transaction, Weinstein directly owns 63,623 shares of NewLake Capital Partners.
• An amendment to a previous Form 4 filing was made on October 17, 2024, to correct the weighted average price of the sales, the number of shares sold, and the resulting amount of securities beneficially owned following the reported transactions.
• Weinstein had previously filed a Form 144 on August 14, 2024, covering the sale of the Issuer's common stock reported in Table I of the Form 4 filed on August 23, 2024.
• An additional 200 shares were inadvertently excluded from the original Form 144 filing and were included in an amendment on October 16, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock sales by a company director. It doesn't inherently convey positive or negative sentiment, but rather reports factual transactions. The amendment suggests a minor oversight, but not a significant issue.

Industry Context

This filing reflects insider trading activity, which is a common occurrence in publicly traded companies. Monitoring such activity can provide insights into management's perspective on the company's valuation and future prospects.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price, although the impact is likely minimal given the relatively small number of shares sold.

Key Dates