NLCP director granted 4,035 RSUs at $14.87

NewLake Capital Partners director Peter Wiser received an equity award tied to board service.

Rhea-AI Filing Summary

NewLake Capital Partners director Peter Wiser received an equity award tied to board service. He was granted restricted stock units covering 4,035 shares of common stock, valued using the $14.87 closing price on June 4, 2026. These RSUs vest 100% on June 4, 2027 or the 2027 annual meeting, if he continues serving. Dividend equivalent rights on earlier RSUs were settled in cash and the associated 482 rights were surrendered and simultaneously re-granted, keeping 482 dividend equivalent rights outstanding.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Martay Peter Wiser

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	482	$0.00	$0.00
Disposition	Dividend Equivalent Rights	482	$14.87	$7K
Grant/Award	Common Stock, par value $0.01 per share	4,035	$14.87	$60K

Holdings After Transaction: Dividend Equivalent Rights — 0 contracts (Direct); Common Stock, par value $0.01 per share — 96,445 shares (Direct)

Footnotes (2)

1. F1. Represents common stock of NewLake Capital Partners, Inc. (the "Issuer") subject to restricted stock units ("RSUs") granted to the Reporting Person pursuant to the Issuer's 2021 Equity Incentive Plan for service on the Issuer's board of directors. Per the terms of the agreement, the number of RSUs granted was determined using the closing price of the Issuer's common stock on June 4, 2026. The RSUs will vest, subject to continued service, 100% on the earlier of (i) June 4, 2027 or (ii) the date of the Issuer's 2027 annual meeting of stockholders.
2. F2. Dividend equivalent rights accrued with respect to these RSUs when and as dividends were paid on the Issuer's common stock. The dividend equivalent rights were settled in cash on June 4, 2026, in accordance with the terms of the 2021 Equity Incentive Plan, subsequent to the vesting of the underlying RSUs on June 4, 2026. The number of shares of common stock underlying the dividend equivalent rights were determined by dividing the dollar amount of the accrued dividend equivalent rights by $14.87, which was the closing price of the Issuer's common stock on June 4, 2026.

Key Figures

RSUs granted: 4,035 shares Grant price reference: $14.87 per share Shares held after grant: 96,445 shares +2 more

5 metrics

RSUs granted 4,035 shares Restricted stock units granted June 4, 2026 for board service

Grant price reference $14.87 per share Closing price of common stock on June 4, 2026 used to size RSU grant

Shares held after grant 96,445 shares Total direct common stock holdings following the RSU acquisition

Dividend equivalent rights disposed 482 rights Rights settled in cash and disposed to issuer on June 4, 2026

Dividend equivalent rights acquired 482 rights New dividend equivalent rights granted with underlying 482 common shares

Key Terms

restricted stock units, Dividend Equivalent Rights, 2021 Equity Incentive Plan, disposition to issuer

4 terms

restricted stock units financial

"subject to restricted stock units ("RSUs") granted to the Reporting Person"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Dividend Equivalent Rights financial

"Dividend Equivalent Rights accrued with respect to these RSUs when and as dividends were paid"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

2021 Equity Incentive Plan financial

"granted to the Reporting Person pursuant to the Issuer's 2021 Equity Incentive Plan"

disposition to issuer financial

"transaction_action": "issuer disposition""

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/08/2026 - 04:09 PM EDT Learn about SEC filing dates

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^*

Martay Peter Wiser

(Last) (First) (Middle)

C/O NEWLAKE CAPITAL PARTNERS, INC.

50 LOCUST AVE, FIRST FLOOR

(Street)

NEW CANAAN CONNECTICUT 06840

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NewLake Capital Partners, Inc. [ NLCP ]

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)
06/04/2026

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, par value $0.01 per share	06/04/2026		A		4,035(1)	A	$14.87	96,445	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
Dividend Equivalent Rights	(2)	06/04/2026		A		482		(2)	(2)	Common Stock	482	$0	482	D
Dividend Equivalent Rights	(2)	06/04/2026		D			482	(2)	(2)	Common Stock	482	$14.87	0	D

Explanation of Responses:

1. Represents common stock of NewLake Capital Partners, Inc. (the "Issuer") subject to restricted stock units ("RSUs") granted to the Reporting Person pursuant to the Issuer's 2021 Equity Incentive Plan for service on the Issuer's board of directors. Per the terms of the agreement, the number of RSUs granted was determined using the closing price of the Issuer's common stock on June 4, 2026. The RSUs will vest, subject to continued service, 100% on the earlier of (i) June 4, 2027 or (ii) the date of the Issuer's 2027 annual meeting of stockholders.

2. Dividend equivalent rights accrued with respect to these RSUs when and as dividends were paid on the Issuer's common stock. The dividend equivalent rights were settled in cash on June 4, 2026, in accordance with the terms of the 2021 Equity Incentive Plan, subsequent to the vesting of the underlying RSUs on June 4, 2026. The number of shares of common stock underlying the dividend equivalent rights were determined by dividing the dollar amount of the accrued dividend equivalent rights by $14.87, which was the closing price of the Issuer's common stock on June 4, 2026.

Remarks:

	/s/ Lisa Meyer, attorney in fact	06/08/2026
	** 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)