NewLake director granted 4,035 RSUs at $14.87

NewLake Capital Partners director Dina Rollman reported equity compensation and related adjustments.

Rhea-AI Filing Summary

NewLake Capital Partners director Dina Rollman reported equity compensation and related adjustments. She received 4,035 shares of common stock subject to restricted stock units at a reference price of $14.87 per share on June 4, 2026, raising her direct holdings to 9,765 common shares.

The RSUs were granted under the 2021 Equity Incentive Plan for board service and will vest 100% on the earlier of June 4, 2027 or the company’s 2027 annual stockholders’ meeting, subject to continued service. The filing also records 482 dividend equivalent rights tied to these RSUs, including a disposition to the issuer and a new grant, both plan-driven entries rather than open-market trades.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Rollman Dina

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 — 9,765 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

RSU grant size: 4,035 shares Reference share price: $14.87 per share Shares held after grant: 9,765 shares +2 more

5 metrics

RSU grant size 4,035 shares Common stock subject to RSUs granted June 4, 2026

Reference share price $14.87 per share Closing price used to determine RSU grant size on June 4, 2026

Shares held after grant 9,765 shares Total NewLake common shares held directly after RSU award

Dividend equivalent rights 482 rights Rights tied to RSUs with dispositions and acquisitions reported

Vesting date trigger June 4, 2027 RSUs vest 100% on this date or 2027 annual meeting, whichever earlier

Key Terms

restricted stock units ("RSUs"), Dividend equivalent rights, 2021 Equity Incentive Plan, Disposition to issuer

4 terms

restricted stock units ("RSUs") financial

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

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

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

"RSUs granted ... pursuant to the Issuer's 2021 Equity Incentive Plan for service on the board"

Disposition to issuer financial

"transaction_code_description": "Disposition to issuer""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did NewLake Capital Partners (NLCP) director Dina Rollman report in this Form 4?

Dina Rollman reported receiving 4,035 restricted stock units linked to NewLake Capital Partners common stock. These awards are part of her board compensation and adjust her equity position without any open-market buying or selling activity disclosed in this filing.

How many NewLake Capital Partners (NLCP) shares does Dina Rollman hold after this transaction?

After the reported grant, Dina Rollman holds 9,765 shares of NewLake Capital Partners common stock directly. This reflects the new 4,035-share restricted stock unit award layered on top of her prior holdings, as detailed in the Form 4 filing.

What are the key terms of Dina Rollman’s RSU grant at NewLake Capital Partners (NLCP)?

The RSU grant covers 4,035 shares, valued using the $14.87 closing price on June 4, 2026. The units vest 100% on the earlier of June 4, 2027 or the 2027 annual stockholders’ meeting, assuming she continues serving on the board.

Were there any open-market stock purchases or sales by Dina Rollman in this NLCP Form 4?

No open-market purchases or sales are reported. The Form 4 shows grant-type acquisitions of restricted stock units and plan-related dividend equivalent rights adjustments, rather than discretionary buying or selling of NewLake Capital Partners common stock.

What are dividend equivalent rights in the NewLake Capital Partners (NLCP) Form 4?

Dividend equivalent rights accrue on RSUs when dividends are paid on the underlying stock. In this filing, 482 such rights tied to Dina Rollman’s RSUs were settled in cash and reflected as a disposition and new grant entry under the 2021 Equity Incentive Plan.

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

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Accepted by SEC EDGAR 06/08/2026 - 04:08 PM 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^*

Rollman Dina

(Last) (First) (Middle)

C/O NEWLAKE CAPITAL PARTNERS. INC

50 LOCUST AVENUE, 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	9,765	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)