[144] NewLake Capital Partners, Inc. SEC Filing

Rhea-AI Filing Summary

NewLake Capital Partners, Inc. (NLCP) Form 144 shows proposed and recent insider sales by David L. Weinstein. The notice reports a proposed sale of 12,633 common shares through Fidelity on 09/25/2025 with an aggregate market value of $178,756.95. Mr. Weinstein acquired the securities through the vesting of 121,135 restricted stock units on 08/13/2021 as compensation, with payment recorded 07/15/2022. The filing also discloses three sales during August 2025 totaling 17,620 shares for gross proceeds of $247,131.24. The filer certifies no undisclosed material adverse information.

Positive

• Disclosure compliance: The filer provided required Rule 144 details including acquisition date, nature of acquisition, broker, and planned sale date.
• Acquisition clarity: The shares being sold were acquired via vesting of RSUs (08/13/2021) and paid as compensation, which clarifies the source of the shares.

Negative

• Substantial recent insider sales: The filer sold 17,620 shares in August 2025 for $247,131.24, which may be notable to investors monitoring insider transactions.
• Planned additional sale: A further 12,633-share sale is proposed for 09/25/2025 at an indicated aggregate market value of $178,756.95.

Insights

Securities Analyst

TL;DR: Insider disclosed planned sale of 12,633 shares and recent August sales totaling 17,620 shares for $247,131.

The Form 144 provides clear, verbatim disclosure of an insider's proposed and recent sales. The proposed sale on 09/25/2025 for $178,756.95 is documented alongside three completed August 2025 transactions aggregating 17,620 shares and $247,131.24 in proceeds. Acquisition history shows the shares originated from RSU vesting in 2021 and were compensation, which is relevant to understanding tax and lock-up context. As a disclosure document, it informs liquidity actions by an insider but does not provide operational or financial performance data about NLCP.

Corporate Governance Expert

TL;DR: Filing demonstrates compliance with Rule 144 reporting for insider sales; contains acquisition and sale chronology.

The notice meets Rule 144 requirements by stating acquisition method (vesting of RSUs), acquisition date, and payment nature (compensation). It lists the broker (Fidelity) and the trading venue (OTCQX Best Market). The signer affirms no undisclosed material adverse information, aligning with certification norms. This is a routine compliance filing that documents insider liquidity but does not, by itself, indicate governance breaches or material corporate events.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock, par value $0.01 per share	Fidelity Investments P.O. Box 770001 Cincinnati OH 45277-0002	12633	178756.95	20552632	09/25/2025	OTCQX Best Market

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock, par value $0.01 per share	08/13/2021	Vesting of Restricted Stock Units	NewLake Capital Partners, Inc.			121135	07/15/2022	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
David L. Weinstein 330 Old Sag Harbor Road Sag Harbor NY 11963	Common Stock, par value $0.01 per share	08/08/2025	3620	49956
David L. Weinstein 330 Old Sag Harbor Road Sag Harbor NY 11963	Common Stock, par value $0.01 per share	08/19/2025	11612	164077.56
David L. Weinstein 330 Old Sag Harbor Road Sag Harbor NY 11963	Common Stock, par value $0.01 per share	08/20/2025	2388	33097.68

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What insider sales does NLCP's Form 144 disclose?

The Form 144 discloses three completed August 2025 sales totaling 17,620 shares for gross proceeds of $247,131.24 and a proposed sale of 12,633 shares on 09/25/2025 valued at $178,756.95.

How were the sold shares acquired according to the filing?

The filing states the shares were acquired via the vesting of restricted stock units on 08/13/2021 and were part of compensation paid on 07/15/2022.

Through which broker and market will the proposed NLCP sale occur?

The proposed sale is listed with Fidelity Investments and the securities exchange is noted as OTCQX Best Market.

Who is the person for whose account the securities are to be sold?

The seller named in the filing is David L. Weinstein with address details provided in the filing tables.

Does the filing indicate any undisclosed material information about NLCP?

By signing the notice, the filer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.