NLCP CEO logs tax and dividend equity moves
NewLake Capital Partners, Inc. director and President & CEO Anthony Coniglio reported routine equity-related transactions.
Rhea-AI Filing Summary
NewLake Capital Partners, Inc. director and President & CEO Anthony Coniglio reported routine equity-related transactions. On March 2, 2026, 1,710 shares of common stock were disposed of at $15.46 per share to cover tax withholding tied to previously granted RSUs, leaving him with 603,075 directly owned shares.
Also on March 2, he acquired 893 dividend equivalent rights relating to those RSUs, which accrued as the company paid dividends. On March 3, 2026, these 893 dividend equivalent rights were disposed of to the issuer and settled in cash based on the $15.46 closing share price. These transactions reflect compensation and tax mechanics rather than open-market buying or selling.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Dividend Equivalent Rights | 893 | $15.46 | $14K |
| Grant/Award | Dividend Equivalent Rights | 893 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 1,710 | $15.46 | $26K |
Footnotes (2)
- F1. Shares reported were withheld from the Reporting Person for the payment of taxes associated with the vesting of previously granted RSUs.
- 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 in accordance with the 2021 Equity Incentive Plan when the underlying RSUs vested on March 2, 2026. The number of shares of common stock underlying the dividend equivalent rights was determined by dividing the dollar amount of the accrued dividend equivalent rights by $15.46, which was the closing price of the Issuer's common stock on March 2, 2026.
FAQ
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What insider transactions did NLCP CEO Anthony Coniglio report on this Form 4?
What are the 893 dividend equivalent rights reported in the NLCP Form 4?
How was the tax withholding handled for the NLCP CEO’s RSU vesting?
AI-generated analysis. How Rhea-AI works. Not financial advice.