Broadstone Net Lease (BNL) COO receives 43,455-share restricted stock grant

Rhea-AI Filing Summary

Broadstone Net Lease, Inc. President & COO Ryan M Albano reported two stock transactions. On the vesting of prior awards, 16,005 common shares were withheld by the company to cover his tax obligations. He was also granted 43,455 shares of restricted stock under the 2020 Omnibus Equity and Incentive Plan, which vest in four equal annual installments starting around February 28, 2027. After these transactions, he directly owns 345,998 common shares, including 183,089 unvested restricted shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Albano Ryan M

(Last) (First) (Middle)

207 HIGH POINT DRIVE, SUITE 300

(Street)

VICTOR NY 14564

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Broadstone Net Lease, Inc. [ BNL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & COO

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2026		F		16,005(1)	D	$19.39	302,543(2)	D
Common Stock	03/02/2026		A		43,455(3)	A	$0	345,998(4)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the vesting of shares awarded pursuant to the Company's 2020 Omnibus Equity and Incentive Plan.

2. This amount includes 139,634 shares of unvested restricted stock.

3. Reflects shares of restricted stock awarded to the Reporting Person on March 2, 2026, pursuant to the Broadstone Net Lease, Inc. 2020 Omnibus Equity and Incentive Plan. Such shares of restricted stock vest ratably on or about each of the first, second, third, and fourth anniversaries of February 28, 2026.

4. This amount includes 183,089 shares of unvested restricted stock.

Remarks:

	/s/ John D. Callan, Jr., as Attorney-in-Fact	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Broadstone Net Lease (BNL) report for Ryan M Albano?

Ryan M Albano reported a tax-related share withholding and a stock award. 16,005 common shares were withheld to cover tax obligations, and he received a grant of 43,455 restricted shares under Broadstone Net Lease’s 2020 Omnibus Equity and Incentive Plan.

How many Broadstone Net Lease shares were withheld for taxes in this BNL Form 4?

The Form 4 shows 16,005 common shares were withheld to cover Ryan M Albano’s tax obligations. This withholding occurred in connection with the vesting of previously awarded shares under Broadstone Net Lease’s 2020 Omnibus Equity and Incentive Plan.

What stock award did Broadstone Net Lease grant to Ryan M Albano on March 2, 2026?

Broadstone Net Lease granted Ryan M Albano 43,455 shares of restricted common stock on March 2, 2026. The award was made under the 2020 Omnibus Equity and Incentive Plan at a stated price of $0.0000 per share on the Form 4.

What is the vesting schedule for Ryan M Albano’s 43,455 restricted Broadstone Net Lease shares?

The 43,455 restricted shares vest ratably over four years. They vest on or about each of the first, second, third, and fourth anniversaries of February 28, 2026, creating four equal annual vesting installments for Ryan M Albano.

How many Broadstone Net Lease shares does Ryan M Albano own after these Form 4 transactions?

After the reported transactions, Ryan M Albano directly owns 345,998 Broadstone Net Lease common shares. This total includes 183,089 shares of unvested restricted stock, as indicated in the Form 4 footnotes describing his equity holdings.

What portion of Ryan M Albano’s Broadstone Net Lease holdings are unvested restricted shares?

Out of Ryan M Albano’s 345,998 directly owned shares, 183,089 are unvested restricted stock. The Form 4 footnotes specify this unvested amount, reflecting awards under Broadstone Net Lease’s 2020 Omnibus Equity and Incentive Plan.