Form 4: NewLake Capital Partners Director Peter A. Kadens Reports Acquisition of Common Stock

Director Peter A. Kadens reports acquiring 701 shares of NewLake Capital Partners common stock at $13.32 per share on April 15, 2025.

Summary

• On April 15, 2025, Peter A. Kadens, a director of NewLake Capital Partners, Inc. [NLCP], acquired 701 shares of common stock at a price of $13.32 per share.
• The shares were granted under the Issuer's 2021 Equity Incentive Plan in lieu of cash compensation for board service.
• Following the transaction, Kadens directly owns 111,408 shares of common stock.
• Kadens' spouse, Amy Kadens, indirectly owns 38,462 shares through AK Investment One LLC.

Sentiment

Score: 7

Explanation: Director's acquisition of shares is generally a positive sign, indicating confidence in the company's prospects. The transaction is part of a pre-existing equity incentive plan, so it's not unexpected, but still viewed favorably.

Positives

• The acquisition of shares by a director signals confidence in the company's future.
• The equity incentive plan aligns the interests of directors with those of shareholders.

Industry Context

Directors acquiring shares in their own companies is a common practice, often seen as a positive signal to the market. It aligns the director's interests with those of the shareholders.

Stakeholder Impact

• Shareholders may view the director's stock acquisition positively.
• The transaction has minimal impact on employees, customers, suppliers, and creditors.

Key Dates

Keywords

NewLake Capital Partners, Director, Peter A. Kadens, Common Stock, Equity Incentive Plan, Beneficial Ownership, NLCP