NETSTREIT (NTST) CFO reports RSU exercises, grants and tax share withholding
Rhea-AI Filing Summary
NETSTREIT Corp. CFO and Treasurer Daniel P. Donlan reported multiple equity-related transactions. On February 26, 2026, he acquired 7,205 and 6,848 shares of common stock through exercises of restricted stock units (RSUs), with no cash exercise price. To cover mandatory tax withholding on the RSU vesting, 2,836 and 2,695 shares of common stock were withheld by the company at $20.6100 per share; this was explicitly described as not an open market sale. After these transactions, he directly held 36,578 shares of common stock. Footnotes also state that on February 26, 2025, he was granted 21,618 RSUs in lieu of cash compensation and 20,548 RSUs under the company’s incentive plan, each vesting in substantially equal installments over three years, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,205 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,848 | $0.00 | -- |
| Exercise | Common Stock | 7,205 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,836 | $20.61 | $58K |
| Exercise | Common Stock | 6,848 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,695 | $20.61 | $56K |
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock upon vesting. Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon vesting of RSUs previously granted to the reporting person. This is not an open market sale of securities. On February 26, 2025, the reporting person was granted 21,618 RSUs in lieu of cash compensation pursuant to the Issuer's Alignment of Interest Program. The RSUs vest in substantially equal installments on each of the first three anniversaries of the grant date, generally subject to continued service as an officer through each applicable vesting date. On February 26, 2025, the reporting person was granted 20,548 RSUs pursuant to the Issuer's Amended and Restated 2019 Omnibus Incentive Compensation Plan, vesting in substantially equal installments on each of the first three anniversaries of the grant date, generally subject to continued service as an officer through each applicable vesting date.