NETSTREIT (NYSE: NTST) grants CEO RSUs and time-based LTIP units

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Form Type

Rhea-AI Filing Summary

NETSTREIT Corp. reported that President, CEO and Secretary Mark Manheimer acquired new equity awards. On February 12, 2026, he received 41,223 restricted stock units (RSUs) at a price of $0.0000 per unit, granted in lieu of cash compensation under the company’s Alignment of Interest Program.

Each RSU represents a right to receive one share of common stock and vests in three substantially equal annual installments, generally contingent on continued service. On the same date, he was also granted 84,211 time-based LTIP Units in NETSTREIT, L.P., which likewise vest in substantially equal installments over three years, subject to continued service and the terms of the partnership agreement.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Manheimer Mark

Role President, CEO and Secretary

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	41,223	$0.00	$0.00
Grant/Award	Time-Based LTIP Units	84,211	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 278,480 shares (Direct); Time-Based LTIP Units — 84,211 shares (Direct)

Footnotes (4)

F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock upon vesting.
F2. On February 12, 2026, the reporting person was granted 41,223 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 throughout each applicable vesting date.
F3. Represents Time-Based LTIP Units ("LTIP Units") in NETSTREIT, L.P. (the "Partnership"), the operating partnership of NETSTREIT Corp. (the "Company") and of which the Company is the sole member of the general partner. Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are automatically converted into common units of limited partnership interest ("Common Units") in the Partnership. Following the second anniversary of the grant date of the applicable LTIP Unit, each Common Unit is redeemable for cash equal to the then-current market value of one share of the Company's common stock or, at the election of the Company, one share of the Company's common stock. Neither LTIP Units nor Common Units have an expiration date.
F4. Represents a grant of LTIP Units, which 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.

FAQ

What equity awards did NETSTREIT (NTST) grant its CEO on February 12, 2026?

NETSTREIT granted its CEO 41,223 restricted stock units and 84,211 time-based LTIP Units on February 12, 2026. The RSUs were issued in lieu of cash compensation, and both awards vest in substantially equal installments over three years, generally requiring continued officer service.

How do NETSTREIT (NTST) restricted stock units for the CEO vest?

The 41,223 restricted stock units granted to NETSTREIT’s CEO vest in substantially equal installments on each of the first three anniversaries of the February 12, 2026 grant date. Vesting is generally subject to his continued service as an officer through each applicable vesting date.

What are NETSTREIT (NTST) time-based LTIP Units granted to the CEO?

The 84,211 time-based LTIP Units are partnership units in NETSTREIT, L.P. that vest in substantially equal installments over three years. After vesting and conversion into common units, each unit can be redeemed for cash or, at the company’s election, one share of common stock.

Why did NETSTREIT (NTST) grant RSUs to its CEO instead of cash?

NETSTREIT granted 41,223 RSUs to its CEO in lieu of cash compensation under its Alignment of Interest Program. This program provides equity instead of cash, with the RSUs vesting over three years, generally contingent on continued officer service at each vesting date.

Do NETSTREIT (NTST) LTIP Units or common units have an expiration date?

Neither the LTIP Units nor the common units of NETSTREIT, L.P. have an expiration date. After the second anniversary of the applicable grant date, each vested common unit is redeemable for cash equal to the then-current share value or, at the company’s election, one share of common stock.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/17/2026 - 08:23 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Manheimer Mark

(Last)

(First)

(Middle)

2021 MCKINNEY AVENUE

SUITE 1150

(Street)

DALLAS

75201

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
NETSTREIT Corp. [ NTST ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President, CEO and Secretary

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	02/12/2026		A		41,223		⁽²⁾	⁽²⁾	Common Stock	41,223	$0	278,480	D
Time-Based LTIP Units	⁽³⁾	02/12/2026		A		84,211⁽⁴⁾		⁽³⁾	⁽³⁾	Common Stock	84,211	$0	84,211	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock upon vesting.

2. On February 12, 2026, the reporting person was granted 41,223 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 throughout each applicable vesting date.

3. Represents Time-Based LTIP Units ("LTIP Units") in NETSTREIT, L.P. (the "Partnership"), the operating partnership of NETSTREIT Corp. (the "Company") and of which the Company is the sole member of the general partner. Under the limited partnership agreement of the Partnership (the "OP Agreement") and subject to conditions set forth in the OP Agreement, upon vesting of LTIP Units, LTIP Units are automatically converted into common units of limited partnership interest ("Common Units") in the Partnership. Following the second anniversary of the grant date of the applicable LTIP Unit, each Common Unit is redeemable for cash equal to the then-current market value of one share of the Company's common stock or, at the election of the Company, one share of the Company's common stock. Neither LTIP Units nor Common Units have an expiration date.

4. Represents a grant of LTIP Units, which 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.

Remarks:

	/s/ Sofia Chernylo, by power of attorney	02/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR