SEC Form 4 · accession 0001054811-26-000002
NewLake Capital Partners, Inc. · NLCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gordon F Dugan
Director
Period of report
Jun 4, 2026
Accepted (ET)
Jun 8, 2026 · 4:07 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001854964
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | Jun 4, 2026 | A | 6,052 | $14.87 | A | 67,584 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF2 | — | Jun 4, 2026 | A | 723 | A | — | — | Common Stock | 723 | 723 | D |
| Dividend Equivalent RightsF2 | — | Jun 4, 2026 | D | 723 | D | — | — | Common Stock | 723 | 0 | D |
Explanation of responses
- F1Represents 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.
- F2Dividend 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.