Broadstone Net Lease (BNL) director receives 4,987 restricted stock shares in equity grant

Rhea-AI Filing Summary

COKE MICHAEL A reported acquisition or exercise transactions in this Form 4 filing.

Broadstone Net Lease director Michael A. Coke received an equity grant of 4,987 shares of restricted common stock as board compensation. The award was granted at no cash cost to him under Broadstone Net Lease, Inc.’s non-employee director compensation policy and its 2020 Omnibus Equity Incentive Plan.

These 4,987 restricted shares will vest in full on the earlier of May 1, 2027 or the date of the company’s next annual stockholders’ meeting, subject to the meeting-timing condition described in the grant terms. After this grant, Coke directly holds 62,950 common shares, including the 4,987 unvested restricted shares, and indirectly holds 22,952 common shares through a family trust of which he is co-trustee, with himself and his immediate family as sole beneficiaries.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider COKE MICHAEL A

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,987	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 62,950 shares (Direct, null); Common Stock — 22,952 shares (Indirect, Family Trust)

Footnotes (1)

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. This amount includes 4,987 shares of unvested restricted stock. Shares held by a trust of which the reporting person is co-trustee. The reporting person and members of his immediate family are the sole beneficiaries of the trust.

Key Figures

Restricted stock grant: 4,987 shares Grant price per share: $0.0000 per share Direct holdings after grant: 62,950 shares +2 more

5 metrics

Restricted stock grant 4,987 shares Equity award to director Michael A. Coke on May 1, 2026

Grant price per share $0.0000 per share Director equity award under compensation policy

Direct holdings after grant 62,950 shares Common stock directly held by Michael A. Coke after award

Indirect trust holdings 22,952 shares Common stock held via family trust where Coke is co-trustee

Vesting date trigger May 1, 2027 Latest vesting date for 4,987 restricted shares, subject to earlier annual meeting

Key Terms

restricted stock, 2020 Omnibus Equity Incentive Plan, non-employee director compensation policy, Family Trust

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.

2020 Omnibus Equity Incentive Plan financial

"pursuant to the Issuer's non-employee director compensation policy and 2020 Omnibus Equity Incentive Plan"

non-employee director compensation policy financial

"pursuant to the Issuer's non-employee director compensation policy and 2020 Omnibus Equity Incentive Plan"

Family Trust financial

"Shares held by a trust of which the reporting person is co-trustee"

Form 4 Insider Transactions: What Each Field Means →

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

COKE MICHAEL A

(Last) (First) (Middle)

207 HIGH POINT DRIVE, SUITE 300

(Street)

VICTOR NEW YORK 14564

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

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

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

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

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	05/01/2026		A		4,987(1)	A	$0	62,950(2)	D
Common Stock								22,952	I	Family Trust(3)

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. 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.

2. This amount includes 4,987 shares of unvested restricted stock.

3. Shares held by a trust of which the reporting person is co-trustee. The reporting person and members of his immediate family are the sole beneficiaries of the trust.

Remarks:

	/s/ John D. Callan, Jr., as Attorney-in-Fact	05/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)