Lori Wittman boosts NETSTREIT (NTST) stake with 7,192-share RSU conversion
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NETSTREIT Corp. director Lori Wittman acquired 7,192 shares of common stock on February 26, 2026 through the exercise and vesting of restricted stock units, with no cash purchase price. After this conversion, she directly holds 26,315 common shares and 5,526 RSUs. She also has indirect ownership of 2,639 shares through the Lori B. Wittman Revocable Trust and 1,111 shares through a joint account with her husband.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,192 shares exercised/converted
Mixed
4 txns
Insider
Wittman Lori
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,192 | $0.00 | -- |
| Exercise | Common Stock | 7,192 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 5,526 shares (Direct);
Common Stock — 26,315 shares (Direct);
Common Stock — 2,639 shares (Indirect, See Footnote 2)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock upon vesting. Held indirectly through the Lori B. Wittman Revocable Trust, of which she is the trustee. Held indirectly through a joint account with her husband. On February 26, 2025, the reporting person was granted 7,192 RSUs pursuant to the Issuer's Amended and Restated 2019 Omnibus Incentive Compensation Plan, vesting 100% on the first anniversary of the grant date, generally subject to continued service as a director through the vesting date.
FAQ
What insider transaction did NETSTREIT (NTST) director Lori Wittman report?
Lori Wittman reported acquiring 7,192 NETSTREIT common shares through the exercise of restricted stock units. These RSUs converted into shares at no cash price, reflecting equity-based compensation rather than an open-market stock purchase.
What indirect NETSTREIT (NTST) holdings are reported for Lori Wittman?
The filing shows 2,639 NETSTREIT shares held indirectly through the Lori B. Wittman Revocable Trust and 1,111 shares held indirectly through a joint account with her husband, reflecting additional beneficial ownership outside her direct holdings.
How were the 7,192 NETSTREIT (NTST) RSUs originally granted to Lori Wittman?
On February 26, 2025, Lori Wittman was granted 7,192 restricted stock units under NETSTREIT’s Amended and Restated 2019 Omnibus Incentive Compensation Plan, scheduled to vest 100% on the first anniversary, subject to her continued service as a director.
What does each NETSTREIT (NTST) restricted stock unit represent for Lori Wittman?
Each restricted stock unit represents a contingent right to receive one NETSTREIT common share upon vesting. When vesting conditions are met, RSUs convert into shares, as reflected by the 7,192-unit conversion reported in this Form 4 filing.