Broadstone Net Lease (BNL) SVP logs tax-share withholding and new restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Broadstone Net Lease, Inc. reported routine equity compensation activity for executive Molly Wiegel, its SVP of Human Resources & Administration. On March 2, 2026, 2,513 shares of common stock were disposed of through tax-withholding at a price of $19.39 per share to cover her tax obligations on vesting stock awards.
On the same date, Wiegel received a grant of 6,208 shares of restricted common stock at no purchase price, awarded under the company’s 2020 Omnibus Equity and Incentive Plan. These restricted shares vest in four equal annual installments on or about each anniversary of February 28, 2026. After these transactions, her directly held balance increased to 65,955.72 shares, which includes 40,021 unvested restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wiegel Molly
Role
SVP, Human Resources & Admin
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,513 | $19.39 | $49K |
| Grant/Award | Common Stock | 6,208 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 59,747.72 shares (Direct)
Footnotes (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. This amount includes 33,813 shares of unvested restricted stock. 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. This amount includes 40,021 shares of unvested restricted stock.
FAQ
What insider transactions did BNL executive Molly Wiegel report on this Form 4?
Molly Wiegel reported two equity transactions involving Broadstone Net Lease (BNL) common stock. She had 2,513 shares withheld to pay taxes on vesting stock and received 6,208 restricted shares as a new equity award under the company’s 2020 Omnibus Equity and Incentive Plan.
Was the BNL insider Form 4 transaction a stock sale or tax withholding?
The disposition of Broadstone Net Lease (BNL) shares was for tax withholding, not an open-market sale. 2,513 shares were withheld by the company to cover Molly Wiegel’s tax obligations tied to vesting awards under the 2020 Omnibus Equity and Incentive Plan.
What is the vesting schedule for Molly Wiegel’s new BNL restricted stock grant?
The 6,208 restricted shares awarded to Molly Wiegel vest in four equal installments. Vesting occurs on or about each of the first, second, third, and fourth anniversaries of February 28, 2026, pursuant to Broadstone Net Lease’s 2020 Omnibus Equity and Incentive Plan.