Broadstone Net Lease (BNL) director receives 4,987-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JACOBSTEIN DAVID M reported acquisition or exercise transactions in this Form 4 filing.
Broadstone Net Lease, Inc. granted director David M. Jacobstein an equity award of 4,987 shares of restricted common stock on May 1, 2026 under its non-employee director compensation policy and 2020 Omnibus Equity Incentive Plan.
These restricted shares will vest in full on the earlier of May 1, 2027 or the company’s next annual stockholder meeting, subject to the meeting-timing condition described in the award terms. After this grant, Jacobstein holds a total of 70,620 shares directly and through an IRA and a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JACOBSTEIN DAVID M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,987 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 70,620 shares (Direct, null)
Footnotes (1)
- On May 1, 2026, Broadstone Net Lease, Inc. (the "Issuer") granted the reporting person an equity award consisting of 4,987 shares of restricted stock pursuant to the Issuer's non-employee director compensation policy (the "Policy") and 2020 Omnibus Equity Incentive Plan. Such shares of restricted stock will vest in full on the earlier of (i) May 1, 2027; and (ii) the date of the Issuer's next annual meeting of stockholders, provided that the next annual meeting of stockholders is at least 50 weeks after the date of the Issuer's 2027 annual meeting of stockholders. Includes 4,987 shares of unvested restricted stock; 20,559 shares of common stock owned of record by an IRA for the account of the reporting person; and 16,402 shares of common stock owned by a trust of which the reporting person is the trustee and with respect to which the reporting person has sole voting and investment power.
Key Figures
Restricted stock grant: 4,987 shares
Grant price per share: $0.00 per share
Total holdings after transaction: 70,620 shares
+4 more
7 metrics
Restricted stock grant
4,987 shares
Equity award on May 1, 2026 to director David M. Jacobstein
Grant price per share
$0.00 per share
Reported transaction price for restricted stock award
Total holdings after transaction
70,620 shares
Beneficial ownership following the grant
IRA-held shares
20,559 shares
Common stock owned of record by an IRA for Jacobstein
Trust-held shares
16,402 shares
Common stock owned by a trust where Jacobstein has sole voting and investment power
Restricted shares included in holdings
4,987 shares
Unvested restricted stock included in beneficial ownership total
Vesting date
May 1, 2027 or next annual meeting
Earlier of the two dates, subject to meeting timing condition
Key Terms
restricted stock, non-employee director compensation policy, 2020 Omnibus Equity Incentive Plan, beneficially owns
4 terms
restricted stock financial
"an equity award consisting of 4,987 shares of restricted stock pursuant to the Issuer's non-employee director compensation policy"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
non-employee director compensation policy financial
"pursuant to the Issuer's non-employee director compensation policy (the "Policy") and 2020 Omnibus Equity Incentive Plan"
2020 Omnibus Equity Incentive Plan financial
"pursuant to the Issuer's non-employee director compensation policy (the "Policy") and 2020 Omnibus Equity Incentive Plan"
beneficially owns financial
"Includes 4,987 shares of unvested restricted stock; 20,559 shares of common stock owned of record by an IRA for the account of the reporting person"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
