Lisa Meyer - 22 Jan 2026 Form 4 Insider Report for NewLake Capital Partners, Inc. (NLCP)

Role: CFO, Treasurer and Secretary
Signature: /s/ Lisa Meyer
Issuer symbol: NLCP
Transactions as of: 22 Jan 2026
Net transactions value: -$62,384
Form type: 4
Filing time: 18 Feb 2026, 17:20:52 UTC
Previous filing: 12 Mar 2025
Next filing: 18 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Meyer Lisa	CFO, Treasurer and Secretary	C/O NEWLAKE CAPITAL PARTNERS, INC., 50 LOCUST AVENUE, FIRST FLOOR, NEW CANAAN	/s/ Lisa Meyer	18 Feb 2026	0001519249

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NLCP	Common Stock, par value $0.01 per share	Award		+5,092	+40%		17,831	22 Jan 2026	Direct	F1, F2
transaction	NLCP	Common Stock, par value $0.01 per share	Tax liability	$36,975	-2,465	-14%	$15.00	15,366	22 Jan 2026	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NLCP	Dividend Equivalent Rights	Award	$0	+1,694		$0.000000	1,694	22 Jan 2026	Common Stock	1,694	$0.000000	Direct	F4
transaction	NLCP	Dividend Equivalent Rights	Disposed to Issuer	$25,408	-1,694	-100%	$15.00	0	22 Jan 2026	Common Stock	1,694	$0.000000	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On January 22, 2026, the Compensation Committee of the Board of Directors of NewLake Capital Partners, Inc. (the "Issuer") certified the Reporting Person's achievement relative to the applicable performance hurdles during the measurement period that began on January 1, 2023, and ended on December 31, 2025, and approved the vesting of the performance stock units ("PSUs").
F2	In accordance with the award agreement and the Issuer's 2021 Equity Incentive Plan, the PSUs convert into common stock on a one-for-one basis.
F3	Shares reported were withheld from the Reporting Person for the payment of taxes associated with the vesting of the PSUs.
F4	Dividend equivalent rights accrued with respect to these PSUs 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 PSUs vested on January 22, 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 $15.00, which was the closing price of the Issuer's common stock on January 22, 2026.