Director at Broadstone (NYSE: BNL) awarded 4,987 restricted stock shares

Rhea-AI Filing Summary

Imperiale Richard P reported acquisition or exercise transactions in this Form 4 filing.

Broadstone Net Lease, Inc. granted director Richard P. Imperiale 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. The shares carry no purchase price, reflecting stock-based compensation rather than an open-market transaction.

The restricted stock will vest in full on the earlier of May 1, 2027 or the date of Broadstone’s next annual meeting of stockholders, subject to a timing condition tied to the 2027 annual meeting. Following this grant, Imperiale directly holds 21,250 shares of common stock, including 4,987 unvested restricted shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Imperiale Richard P

Role null

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

Holdings After Transaction: Common Stock — 21,250 shares (Direct, null)

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.

Key Figures

Restricted stock grant: 4,987 shares Shares after transaction: 21,250 shares Grant price: $0.0000 per share +2 more

5 metrics

Restricted stock grant 4,987 shares Equity award to director on May 1, 2026

Shares after transaction 21,250 shares Total common stock held directly by Imperiale following grant

Grant price $0.0000 per share Indicates compensation grant, not open-market purchase

Unvested restricted shares 4,987 shares Portion of Imperiale’s holdings that are unvested restricted stock

Vesting date trigger May 1, 2027 Latest vesting date, subject to earlier annual meeting condition

Key Terms

restricted stock, non-employee director compensation policy, 2020 Omnibus Equity Incentive Plan, vest in full

4 terms

restricted stock financial

"granted the reporting person an equity award consisting of 4,987 shares of restricted stock"

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")"

2020 Omnibus Equity Incentive Plan financial

"and 2020 Omnibus Equity Incentive Plan"

vest in full financial

"Such shares of restricted stock will vest in full on the earlier of (i) May 1, 2027"

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^*

Imperiale Richard P

(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	21,250(2)	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. 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.

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)

FAQ

What insider transaction did Broadstone Net Lease (BNL) report for Richard P. Imperiale?

Broadstone Net Lease reported that director Richard P. Imperiale received an equity award of 4,987 shares of restricted common stock. The award was granted as part of the company’s non-employee director compensation policy and reflects stock-based compensation, not an open-market share purchase.

How many Broadstone Net Lease (BNL) shares does Richard P. Imperiale hold after this grant?

After the grant, Richard P. Imperiale directly holds 21,250 shares of Broadstone Net Lease common stock. This total includes the newly awarded 4,987 shares of unvested restricted stock granted under the company’s 2020 Omnibus Equity Incentive Plan and director compensation policy.

What are the vesting terms for Richard P. Imperiale’s 4,987 restricted Broadstone (BNL) shares?

The 4,987 restricted shares granted to Richard P. Imperiale will vest in full on the earlier of May 1, 2027, or Broadstone’s next annual stockholder meeting, provided that meeting occurs at least 50 weeks after the company’s 2027 annual meeting as described in the equity award’s terms.

Was cash paid for Richard P. Imperiale’s new Broadstone Net Lease (BNL) shares?

No cash was paid for these shares. The Form 4 shows a price of 0.0000 per share, indicating the 4,987 restricted shares were granted as stock-based compensation under Broadstone Net Lease’s non-employee director compensation policy rather than being purchased in the open market.

Under which plan was the Broadstone Net Lease (BNL) restricted stock granted to Richard P. Imperiale?

The 4,987 restricted shares granted to Richard P. Imperiale were issued under Broadstone Net Lease’s non-employee director compensation policy and its 2020 Omnibus Equity Incentive Plan. These governing documents define the structure, eligibility, and vesting conditions for equity awards to board members.