Broadstone Net Lease (BNL) SVP receives stock grant, shares withheld

Rhea-AI Filing Summary

Broadstone Net Lease, Inc. SVP and Chief Accounting Officer Jennie O'Brien reported share movements tied to equity compensation. On March 2, 2026, 4,799 shares of common stock were disposed of at $19.39 per share through a tax-withholding disposition to cover obligations from vesting under the 2020 Omnibus Equity and Incentive Plan. The same day, she acquired 8,536 shares of restricted common stock as a grant with no cash paid per share. Her holdings rose to 71,702.794 shares after these transactions, and this amount includes 50,077 shares of unvested restricted stock that vest in four equal annual installments starting on or about the first anniversary of February 28, 2026.

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^*

O'Brien Jennie

(Last) (First) (Middle)

207 HIGH POINT DRIVE, SUITE 300

(Street)

VICTOR NY 14564

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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

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

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

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	03/02/2026		F		4,799(1)	D	$19.39	63,166.794(2)	D
Common Stock	03/02/2026		A		8,536(3)	A	$0	71,702.794(4)	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. 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.

2. This amount includes 41,541 shares of unvested restricted stock.

3. 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.

4. This amount includes 50,077 shares of unvested restricted stock.

Remarks:

	/s/ John D. Callan, Jr., as Attorney-in-Fact	03/04/2026
	** 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.

FAQ

What insider transactions did BNL executive Jennie O'Brien report on March 2, 2026?

Jennie O'Brien reported a tax-withholding disposition and a stock grant on March 2, 2026. She had 4,799 BNL common shares withheld to cover taxes and received 8,536 restricted shares under Broadstone Net Lease’s 2020 Omnibus Equity and Incentive Plan.

How many Broadstone Net Lease (BNL) shares were disposed of for tax withholding?

O'Brien disposed of 4,799 shares of BNL common stock through tax withholding. These shares were withheld by the issuer to satisfy tax obligations arising from the vesting of prior equity awards granted under the company’s 2020 Omnibus Equity and Incentive Plan.

What stock award did BNL grant to Jennie O'Brien in this Form 4 filing?

O'Brien received a grant of 8,536 shares of BNL restricted common stock at a stated price of $0.00 per share. The award was made under Broadstone Net Lease, Inc.’s 2020 Omnibus Equity and Incentive Plan as part of her equity compensation.

What is the vesting schedule for Jennie O'Brien's 8,536 BNL restricted shares?

The 8,536 restricted shares vest in four equal installments over time. They vest ratably on or about each of the first, second, third, and fourth anniversaries of February 28, 2026, subject to the terms of Broadstone Net Lease’s 2020 Omnibus Equity and Incentive Plan.

How many Broadstone Net Lease (BNL) shares does Jennie O'Brien hold after these transactions?

After the reported transactions, O'Brien beneficially holds 71,702.794 BNL common shares. This total includes 50,077 shares of unvested restricted stock, reflecting both previously granted and newly awarded restricted shares that will vest over time.

At what price were Jennie O'Brien's tax-withheld BNL shares valued in the Form 4?

The 4,799 tax-withheld BNL shares were valued at $19.39 per share in the Form 4. This valuation reflects the price used when the issuer withheld shares to cover O'Brien’s tax obligations tied to the vesting of equity awards.