Netstreit (NYSE: NTST) director gets 7,192 shares from RSUs

Rhea-AI Filing Summary

NETSTREIT Corp. director Todd Minnis reported an exercise and conversion of restricted stock units into common shares. On the reported date, 7,192 restricted stock units were converted at a price of $0.00 per share into 7,192 shares of common stock.

Following these transactions, Minnis directly owned 22,744 shares of NETSTREIT common stock and 5,526 restricted stock units. The footnotes explain that each RSU represents a right to receive one share of common stock and that 7,192 RSUs were granted on February 26, 2025 under the company’s Amended and Restated 2019 Omnibus Incentive Compensation Plan, vesting 100% on the first anniversary of the grant date.

Insider Trade Summary

7,192 shares exercised/converted

Mixed 2 txns

Insider Minnis Todd

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	7,192	$0.00	--
Exercise	Common Stock	7,192	$0.00	--

Holdings After Transaction: Restricted Stock Units — 5,526 shares (Direct); Common Stock — 22,744 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 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.

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^*

Minnis Todd

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

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
Common Stock	02/26/2026		M		7,192	A	(1)	22,744	D

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)	02/26/2026		M			7,192	(2)	(2)	Common Stock	7,192	$0	5,526	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 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.

Remarks:

	/s/ Sofia Chernylo, by power of attorney	03/02/2026
	** 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.

FAQ

What insider transaction did NETSTREIT (NTST) director Todd Minnis report?

Todd Minnis reported exercising restricted stock units that converted into common shares of NETSTREIT. He converted 7,192 restricted stock units at a price of $0.00 per share into 7,192 shares of common stock, increasing his direct share ownership in the company.

How many NETSTREIT (NTST) shares did Todd Minnis acquire through RSU conversion?

Todd Minnis acquired 7,192 NETSTREIT common shares through the exercise and conversion of 7,192 restricted stock units. The RSUs converted at $0.00 per share into an equal number of common shares, reflecting a standard equity compensation vesting rather than an open-market stock purchase.

What are the terms of Todd Minnis’s NETSTREIT (NTST) RSU grant?

According to the footnotes, Minnis was granted 7,192 restricted stock units on February 26, 2025 under NETSTREIT’s Amended and Restated 2019 Omnibus Incentive Compensation Plan. These RSUs vest 100% on the first anniversary of the grant date, generally subject to his continued service as a director.

How many NETSTREIT (NTST) shares and RSUs does Todd Minnis hold after the transaction?

After the reported transactions, Todd Minnis directly held 22,744 shares of NETSTREIT common stock and 5,526 restricted stock units. These figures reflect his updated equity position following the conversion of 7,192 RSUs into common shares and the remaining unconverted RSUs.

Does Todd Minnis’s NETSTREIT (NTST) Form 4 show an open-market stock purchase or sale?

The Form 4 shows an exercise and conversion of restricted stock units into common shares, not an open-market purchase or sale. The transaction is coded as an exercise of a derivative security at $0.00 per share, typical for equity compensation vesting events.