Broadstone Net Lease (BNL) SVP receives performance-based stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Broadstone Net Lease, Inc. reported that SVP of Human Resources & Admin Molly Wiegel received a grant of 9,917 shares of common stock, issued after the company determined performance criteria were achieved for a three-year period ending February 28, 2026. To cover related tax obligations at vesting, 3,576 shares were withheld by the company at $18.97 per share, rather than sold in the open market. Following these transactions, Wiegel directly holds 72,296.72 shares of common stock, which includes 40,021 shares of unvested restricted stock under the company’s 2020 Omnibus Equity and Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wiegel Molly
Role
SVP, Human Resources & Admin
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,917 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,576 | $18.97 | $68K |
Holdings After Transaction:
Common Stock — 75,872.72 shares (Direct)
Footnotes (1)
- Represents shares issued upon the determination of achievement of specified criteria in the three year performance period that ended on February 28, 2026 pursuant to performance-based awards granted on February 28, 2023. This amount includes 40,021 shares of unvested restricted stock. Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the vesting of shares awarded pursuant to the Company's 2020 Omnibus Equity and Incentive Plan.