NETSTREIT (NTST) CFO receives RSU and LTIP unit awards

Rhea-AI Filing Summary

NETSTREIT Corp. CFO and Treasurer Daniel P. Donlan reported equity-based compensation awards. On February 12, 2026, he received 12,514 restricted stock units (RSUs) in lieu of cash compensation under the Alignment of Interest Program, vesting in three equal annual installments, generally contingent on continued service.

He was also granted 21,711 time-based LTIP Units in NETSTREIT, L.P. These LTIP Units vest in three equal annual installments and, upon vesting, automatically convert into common units of the operating partnership. After the second anniversary of each grant, each common unit can be redeemed for cash equal to the then-current market value of one share of NETSTREIT common stock or, at the company’s election, one share of common stock, with no stated expiration.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Donlan Daniel P

Role CFO and Treasurer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	12,514	$0.00	--
Grant/Award	Time-Based LTIP Units	21,711	$0.00	--

Holdings After Transaction: Restricted Stock Units — 24,195 shares (Direct); Time-Based LTIP Units — 21,711 shares (Direct)

Footnotes (1)

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock upon vesting. On February 12, 2026, the reporting person was granted 12,514 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. 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. 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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Donlan Daniel P

(Last) (First) (Middle)

2021 MCKINNEY AVENUE

SUITE 1150

(Street)

DALLAS TX 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO and Treasurer

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	02/12/2026		A		12,514		(2)	(2)	Common Stock	12,514	$0	24,195	D
Time-Based LTIP Units	(3)	02/12/2026		A		21,711(4)		(3)	(3)	Common Stock	21,711	$0	21,711	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 12,514 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.
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FAQ

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

NETSTREIT granted CFO Daniel P. Donlan 12,514 RSUs and 21,711 time-based LTIP Units on February 12, 2026. The RSUs replace cash compensation, and both awards vest over three years, aligning his pay with the company’s long-term performance.

How do the 12,514 RSUs granted to NETSTREIT (NTST) CFO vest?

The 12,514 RSUs vest in substantially equal installments on each of the first three anniversaries of the February 12, 2026 grant date. Vesting generally requires Mr. Donlan to remain an officer through each applicable vesting date, linking the award to continued service.

What are time-based LTIP Units granted to NETSTREIT (NTST) CFO and how do they work?

The 21,711 time-based LTIP Units are partnership units in NETSTREIT, L.P. that vest in three equal annual installments. After vesting, they automatically convert into common units, which can later be redeemed for cash or NETSTREIT common stock, based on the company’s election.

When can NETSTREIT (NTST) LTIP Units granted to the CFO be redeemed for cash or stock?

Following the second anniversary of the applicable LTIP Unit grant date, each resulting common unit is redeemable for cash equal to the then-current market value of one NETSTREIT share, or, at the company’s election, one share of NETSTREIT common stock, with no expiration date.

Why did NETSTREIT (NTST) grant 12,514 RSUs to its CFO instead of cash?

The 12,514 RSUs were granted in lieu of cash compensation under NETSTREIT’s Alignment of Interest Program. Paying a portion of compensation in stock units ties the CFO’s rewards more closely to shareholder value and the company’s long-term stock performance.