---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-342612"
form_type: "8-K"
ticker: "BNL"
cik: "0001424182"
company_name: "Broadstone Net Lease, Inc."
filed_at: "2026-08-10T20:58:19+00:00"
generated_at: "2026-08-10T20:59:08.873976+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Broadstone Net Lease closes 12.65M share offering at $20.50 via forward sales

## Summary
- 11,000,000 shares at $20.50; underwriters' option for 1,650,000 exercised in full, totaling 12,650,000 shares.
- Offering closed Aug 10, 2026; forward sale agreements mean no initial proceeds to company.
- Forward sale price $19.7825/share; settlement expected by Sept 30, 2027, with cash proceeds upon delivery.
- Underwriters: Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC as representatives.
- Company may elect cash or net share settlement; forward agreements subject to early termination.

## SEC filing metadata
- accession: 0001193125-26-342612
- form_type: 8-K
- ticker: BNL
- cik: 0001424182
- company_name: Broadstone Net Lease, Inc.
- filed_at: 2026-08-10T20:58:19+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424182/000119312526342612/0001193125-26-342612-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424182/000119312526342612/d70489d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-342612
- JSON: https://secwatch.observer/filing/0001193125-26-342612.json
- Plain text: https://secwatch.observer/filing/0001193125-26-342612.txt

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