NETSTREIT (NTST) director Todd Minnis awarded 5,526 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Minnis Todd reported acquisition or exercise transactions in this Form 4 filing.
NETSTREIT Corp. director Todd Minnis reported receiving a grant of restricted stock units. On February 12, 2026, he was awarded 5,526 RSUs, each representing the right to receive one share of common stock upon vesting. These RSUs will vest 100% on the first anniversary of the grant date, generally requiring his continued service as a director through that vesting date. Following this award, he holds 12,718 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Minnis Todd
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,526 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 12,718 shares (Direct)
Footnotes (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 5,526 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 Todd Minnis report?
Todd Minnis reported an acquisition of 5,526 restricted stock units from NETSTREIT. These units are part of his director compensation and represent rights to receive common shares if vesting conditions, including continued board service, are satisfied after one year.
How many restricted stock units did Todd Minnis receive from NETSTREIT (NTST)?
Todd Minnis received 5,526 restricted stock units from NETSTREIT. Each unit represents a contingent right to one share of common stock, subject to vesting after one year of continued service as a director on the company’s board.
When do Todd Minnis’s NETSTREIT (NTST) RSUs vest?
The 5,526 restricted stock units granted to Todd Minnis vest 100% on the first anniversary of the February 12, 2026 grant date. Vesting generally requires that he continue serving as a director through that one-year vesting date for the shares to be delivered.
What does each NETSTREIT (NTST) restricted stock unit granted to Todd Minnis represent?
Each restricted stock unit granted to Todd Minnis represents a contingent right to receive one NETSTREIT common share. The right becomes actual shares only if the RSUs vest, which requires meeting the time-based service condition set at one year from the grant date.
How many NETSTREIT (NTST) restricted stock units does Todd Minnis hold after this grant?
After the February 12, 2026 grant of 5,526 restricted stock units, Todd Minnis holds a total of 12,718 restricted stock units directly. These awards reflect his equity-based compensation as a director, subject to their respective vesting requirements over time.
Under what plan were Todd Minnis’s NETSTREIT (NTST) RSUs granted?
The 5,526 restricted stock units granted to Todd Minnis were issued under NETSTREIT’s Amended and Restated 2019 Omnibus Incentive Compensation Plan. This plan governs equity awards such as RSUs, aligning director compensation with the company’s long-term performance and shareholder interests.