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

Director Peter A. Kadens reported acquiring 683 shares of NewLake Capital Partners, Inc. at $18.85 per share on July 15, 2024, along with indirect ownership of 38,462 shares.

Summary

• On July 15, 2024, Peter A. Kadens, a director of NewLake Capital Partners, Inc., acquired 683 shares of common stock at a price of $18.85 per share.
• This acquisition was made under the Issuer's 2021 Equity Incentive Plan in lieu of cash compensation for board service.
• Following the transaction, Kadens directly owns 109,310 shares.
• Kadens also has indirect beneficial ownership of 38,462 shares held by AK Investment One LLC, which is beneficially owned by his spouse, Amy Kadens.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a routine transaction. The director's acquisition could be seen as slightly positive, indicating confidence, but it's not a major event.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The transaction provides shareholders with information about insider activity, which can influence investor sentiment.

Key Dates