---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-130810"
form_type: "8-K"
ticker: null
cik: "0002033695"
company_name: "New Mountain Net Lease Trust"
filed_at: "2024-12-20T23:59:59+00:00"
generated_at: "2026-05-29T00:38:49.131771+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# New Mountain Net Lease Trust expands board to seven, adopts share repurchase and DRP plans

## Summary
- Board expanded from one to seven members; independent trustees include Brown, Martin, Lindemann, McGrath.
- Share repurchase plan limits quarterly repurchases to 5% of aggregate NAV.
- Distribution reinvestment plan for Class I shareholders effective July 1, 2025.
- Independent trustees receive $100,000 annual retainer (75% cash, 25% RSUs) plus $10,000 audit chair fee.
- Amended declaration of trust and bylaws adopted; indemnification agreements entered with all trustees.

## SEC filing metadata
- accession: 0001104659-24-130810
- form_type: 8-K
- cik: 0002033695
- company_name: New Mountain Net Lease Trust
- filed_at: 2024-12-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2033695/000110465924130810/0001104659-24-130810-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2033695/000110465924130810/tm2426212d5_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-130810
- JSON: https://secwatch.observer/filing/0001104659-24-130810.json
- Plain text: https://secwatch.observer/filing/0001104659-24-130810.txt

## Key facts
- Governance Changes
  New Mountain Net Lease Trust: Company entered into an Amended and Restated Declaration of Trust, effective December 16, 2024 (effective 2024-12-16).
  - Change: charter amendment
  - Effective: 2024-12-16
  source text: Effective on December 16, 2024, the Company entered into an Amended and Restated Declaration of Trust (the "Declaration of Trust"), which amended and restated the Company’s Declaration of Trust, dated August 5, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2033695/000110465924130810/0001104659-24-130810-index.htm
- Governance Changes
  New Mountain Net Lease Trust: In connection with the execution of the Declaration of Trust, the Company adopted Bylaws, effective December 16, 2024 (effective 2024-12-16).
  - Change: bylaw amendment
  - Effective: 2024-12-16
  source text: In connection with the execution of the Declaration of Trust, effective on December 16, 2024, the Company adopted Bylaws.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2033695/000110465924130810/0001104659-24-130810-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.