Form 4: NewLake Capital Partners Director Peter A. Kadens Buys 600 Shares

Director Peter A. Kadens of NewLake Capital Partners, Inc. (NLCP) purchased 600 shares of common stock at $16.44 per share on March 13, 2024.

Summary

• On March 13, 2024, Peter A. Kadens, a director of NewLake Capital Partners, Inc. (NLCP), acquired 600 shares of common stock at a price of $16.44 per share.
• Following this transaction, Mr. Kadens directly owns 105,510 shares of NLCP common stock.
• Additionally, Mr. Kadens indirectly owns 38,462 shares through AK Investment One LLC, which is beneficially owned by his spouse, Amy Kadens, and 7,026 shares through NLCP Holdings, LLC.
• He also indirectly owns warrants exercisable for 7,026 shares of common stock through NLCP Holdings, LLC.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of a stock purchase by a director. The purchase itself could be seen as slightly positive, but the filing is primarily informational.

Positives

• The director's purchase of shares may signal confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment.

Key Dates