Affiliate of NET (NYSE: NET) reports repeated 52,384‑share trades in Spring 2026

Rhea-AI Filing Summary

NET affiliate filings list proposed sales of Class A Common shares by entities associated with Matthew Prince. The excerpt shows multiple transactions of 52,384 shares executed on several dates between 04/06/2026 and 06/24/2026, with per‑trade proceeds reported in the filing.

The filing names The Matthew Prince Revocable Trust dtd 10/29/2015 and other related trusts/GRATs as holders of the shares sold; sale dates and dollar proceeds per trade are included in the table.

Insights

Insider Transactions Analyst

Multiple 52,384‑share dispositions by Matthew Prince‑related trusts are listed across spring 2026.

The excerpt lists recurring sales of 52,384 shares on discrete dates from 04/06/2026 through 06/24/2026, with each trade showing a specific dollar amount of proceeds. The reporting entities include The Matthew Prince Revocable Trust dtd 10/29/2015.

These entries are transactional notices of proposed or completed sales; cash‑flow treatment and any company involvement are not stated in the provided excerpt. Subsequent filings or trade confirmations would be needed for settlement and ultimate purchaser details.

Key Figures

Shares per trade: 52,384 shares Example proceeds: $10,694,413.61 Example proceeds: $11,035,223.92 +2 more

5 metrics

Shares per trade 52,384 shares each listed sale row

Example proceeds $10,694,413.61 proceeds for 05/19/2026 trade

Example proceeds $11,035,223.92 proceeds for 05/21/2026 trade

Example proceeds $11,101,886.74 proceeds for 04/06/2026 trade

Sale date range 04/06/2026 - 06/24/2026 dates shown in excerpt

Key Terms

Form 144, Class A Common, Grantor Retained Annuity Trust, Revocable Trust

4 terms

Form 144 regulatory

"Securities Sold During The Past 3 Months table showing proposed dispositions"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Class A Common financial

"144: Securities To Be Sold and repeatedly in the trade rows"

Grantor Retained Annuity Trust legal

"The Matthew Prince 2023 Grantor Retained Annuity Trust dtd 5/22/2023"

A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.

Revocable Trust legal

"The Matthew Prince Revocable Trust dtd 10/29/2015 listed as reporting holder"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

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Available on EDGAR 07/01/2026 - 05:36 PM Accepted by SEC EDGAR 07/01/2026 - 05:35 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	471486	116131716.66	321184834	07/01/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common	09/25/2009	Originally acquired Class B common shares from Issuer in private transaction; Class B common shares to be converted to Class A common shares in connection with any sales.	Issuer			168803	09/25/2009	None
Class A Common	05/30/2025	Acquired as a gift	The Matthew Prince 2023 Grantor Retained Annuity Trust dtd 5/22/2023		05/30/2023	302683	05/30/2025	None

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
The Matthew Prince Revocable Trust dtd 10/29/2015 101 Townsend Street San Francisco CA 94107	Class A Common	05/19/2026	52384	10694413.61
The Matthew Prince Revocable Trust dtd 10/29/2015 101 Townsend Street San Francisco CA 94107	Class A Common	05/21/2026	52384	11035223.92
The Matthew Prince Revocable Trust dtd 10/29/2015 101 Townsend Street San Francisco CA 94107	Class A Common	04/06/2026	52384	11001886.74
The Matthew Prince Revocable Trust dtd 10/29/2015 101 Townsend Street San Francisco CA 94107	Class A Common	04/07/2026	52384	11117739.19
The Matthew Prince Revocable Trust dtd 10/29/2015 101 Townsend Street San Francisco CA 94107	Class A Common	05/20/2026	52384	10877322.83
The Matthew Prince Revocable Trust dtd 10/29/2015 101 Townsend Street San Francisco CA 94107	Class A Common	04/08/2026	52384	11195513.72
The Matthew Prince Revocable Trust dtd 10/29/2015 101 Townsend Street San Francisco CA 94107	Class A Common	06/22/2026	52384	11414861.24
The Matthew Prince Revocable Trust dtd 10/29/2015 101 Townsend Street San Francisco CA 94107	Class A Common	06/23/2026	52384	11807028.82
The Matthew Prince Revocable Trust dtd 10/29/2015 101 Townsend Street San Francisco CA 94107	Class A Common	06/24/2026	52384	11749773.11

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

Who is selling shares in the NET Form 144 excerpt?

The filing lists sales by entities tied to Matthew Prince, notably The Matthew Prince Revocable Trust dtd 10/29/2015. The excerpt also references related trusts and a Grantor Retained Annuity Trust as holders of Class A Common shares.

How many shares were sold per transaction in the NET excerpt?

Each trade shown reports 52,384 shares sold. The table repeats that share count across multiple sale dates between April and June 2026 in the provided excerpt.

What dates appear for the NET share sales?

Sale dates listed in the excerpt include 04/06/2026, 04/07/2026, 04/08/2026, 05/19/2026, 05/20/2026, 05/21/2026, 06/22/2026, 06/23/2026, and 06/24/2026.

What proceeds are reported for the NET trades?

Each transaction row in the excerpt shows a dollar amount of proceeds, for example $10,694,413.61, $11,035,223.92, and $11,101,886.74. The excerpt pairs each 52,384‑share trade with a reported dollar figure.