RSU vesting and tax withholding reported by NETSTREIT (NYSE: NTST) CAO
Rhea-AI Filing Summary
NETSTREIT Corp.'s Chief Accounting Officer, Sofia Chernylo, reported equity compensation activity involving restricted stock units (RSUs) and common shares. On January 13, 2026, 6,033 RSUs were converted into an equal number of common shares. To cover mandatory tax withholding at $17.75 per share, 2,694 common shares were withheld by the company, which is explicitly stated as not being an open market sale. After these transactions, Chernylo directly held 3,339 common shares and 12,070 RSUs, reflecting ongoing equity-based incentives tied to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,033 | $0.00 | -- |
| Exercise | Common Stock | 6,033 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,694 | $17.75 | $48K |
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 January 13, 2025, the reporting person was granted 18,103 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.
FAQ
What insider transaction did NETSTREIT (NTST) report for Sofia Chernylo?
The filing shows that CAO Sofia Chernylo had 6,033 restricted stock units convert into common stock on January 13, 2026, along with related tax-share withholding.
What are the remaining NETSTREIT (NTST) RSU holdings for the CAO?
After the vesting event, Chernylo held 12,070 restricted stock units, each representing a contingent right to receive one share of common stock upon vesting.
How were the original NETSTREIT (NTST) RSUs granted and structured?
The filing states that on January 13, 2025, Chernylo was granted 18,103 RSUs under NETSTREIT's Amended and Restated 2019 Omnibus Incentive Compensation Plan, vesting in substantially equal installments over three years, generally subject to continued service.