secwatch.observer — SEC 8-K summary
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Issuer:     Broadstone Net Lease, Inc. (BNL)
CIK:        0001424182
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0000950170-25-022242
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BNL adds two REIT-experienced directors; two long-time directors to step down at May 2025 meeting
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- Richard Imperiale (Uniplan CIO, REIT manager since 1988) and Joseph Saffire (former Life Storage CEO) appointed effective Feb 13, 2025.
- Shekar Narasimhan (board since 2007) and Denise Brooks-Williams (since 2021) not standing for re-election at the 2025 annual meeting; no disagreements.
- Brooks-Williams departure follows promotion to COO of Henry Ford Health; Narasimhan was key in BNL internalization and IPO preparation.
- Board increased from 9 to 11 for new appointments, will return to 9 after the annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424182/000095017025022242/0000950170-25-022242-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424182/000095017025022242/bnl-20250213.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-022242

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer