Broadstone Net Lease (BNL) director receives 4,987-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hawkes Laurie A. reported acquisition or exercise transactions in this Form 4 filing.
Broadstone Net Lease, Inc. reported that director Laurie A. Hawkes received an equity award of 4,987 shares of restricted common stock under the company’s non-employee director compensation policy and 2020 Omnibus Equity Incentive Plan. The shares were granted at no cash price and are held indirectly through a trust where she has sole voting and investment power.
The restricted stock will vest in full on the earlier of May 1, 2027 or the date of the company’s next annual meeting of stockholders, subject to the stated timing condition. After this award, Hawkes’ indirect holdings total 145,683 shares of common stock, including the unvested restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hawkes Laurie A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,987 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 145,683 shares (Indirect, By Trust)
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. This amount includes 4,987 shares of unvested restricted stock. 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 award: 4,987 shares
Award price per share: $0.00 per share
Total shares after transaction: 145,683 shares
+1 more
4 metrics
Restricted stock award
4,987 shares
Equity award granted on May 1, 2026
Award price per share
$0.00 per share
Grant/award acquisition, no cash paid
Total shares after transaction
145,683 shares
Indirect holdings following award, including unvested restricted stock
Vesting date trigger
May 1, 2027
Vests earlier of this date or next annual meeting, subject to timing condition
Key Terms
restricted stock, non-employee director compensation policy, 2020 Omnibus Equity Incentive Plan, sole voting and investment power
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"
sole voting and investment power financial
"a trust of which the reporting person is the trustee and with respect to which the reporting person has sole voting and investment power"
FAQ
What insider transaction did Broadstone Net Lease (BNL) disclose for Laurie A. Hawkes?
Broadstone Net Lease disclosed that director Laurie A. Hawkes received 4,987 shares of restricted common stock as an equity award. The grant was made under the non-employee director compensation policy and the 2020 Omnibus Equity Incentive Plan at no cash purchase price.
Was Laurie A. Hawkes’ BNL restricted stock grant an open-market purchase?
The 4,987-share award to Laurie A. Hawkes was not an open-market purchase. It was a compensation-related grant of restricted stock made at zero dollar price per share under Broadstone Net Lease’s non-employee director compensation policy and equity incentive plan.