NETSTREIT (NTST) CFO gains 11,681 shares from RSUs as 4,597 withheld for taxes

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

NETSTREIT Corp.’s CFO and Treasurer Daniel P. Donlan exercised restricted stock units that vested into 11,681 shares of common stock on April 10. These RSUs convert into one share each upon vesting. To cover mandatory taxes on the vesting, 4,597 shares were withheld by the company at $20.26 per share, which the filing clarifies is not an open-market sale. After these compensation-related transactions, Donlan directly holds 43,662 shares of common stock. The vested RSUs were part of a grant of 35,040 RSUs awarded in April 2023 that vests in substantially equal annual installments over three years, subject to continued service.

Insider Trade Summary

11,681 shares exercised/converted

Mixed 3 txns

Insider Donlan Daniel P

Role CFO and Treasurer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	11,681	$0.00	--
Exercise	Common Stock	11,681	$0.00	--
Tax Withholding	Common Stock	4,597	$20.26	$93K

Holdings After Transaction: Restricted Stock Units — 46,013 shares (Direct); Common Stock — 48,259 shares (Direct)

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 April 10, 2023, the reporting person was granted 35,040 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.

Key Figures

RSUs exercised: 11,681 units/shares Shares withheld for taxes: 4,597 shares Withholding price: $20.26 per share +2 more

5 metrics

RSUs exercised 11,681 units/shares RSUs vesting into common stock on April 10

Shares withheld for taxes 4,597 shares Mandatory tax withholding on RSU vesting

Withholding price $20.26 per share Value used for tax-withholding share disposition

Shares held after transactions 43,662 shares Direct NETSTREIT common stock ownership post-Form 4

Original RSU grant 35,040 RSUs Grant dated April 10, 2023 under 2019 Omnibus Plan

Key Terms

Restricted Stock Units, mandatory tax withholding requirement, Amended and Restated 2019 Omnibus Incentive Compensation Plan, Exercise or conversion of derivative security, +1 more

5 terms

Restricted Stock Units financial

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

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

mandatory tax withholding requirement financial

"Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon vesting of RSUs previously granted..."

Amended and Restated 2019 Omnibus Incentive Compensation Plan financial

"On April 10, 2023, the reporting person was granted 35,040 RSUs pursuant to the Issuer's Amended and Restated 2019 Omnibus Incentive Compensation Plan..."

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

tax-withholding disposition financial

"transaction_action: tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 Insider Transactions: What Each Field Means →

04/14/2026 - 04:07 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^*

Donlan Daniel P

(Last)

(First)

(Middle)

2021 MCKINNEY AVENUE

SUITE 1150

(Street)

DALLAS

TEXAS

75201

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026

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

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

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

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)
Common Stock	04/10/2026		M		11,681	A	⁽¹⁾	48,259	D
Common Stock	04/10/2026		F⁽²⁾		4,597	D	$20.26	43,662	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)
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⁾	04/10/2026		M			11,681	⁽³⁾	⁽³⁾	Common Stock	11,681	$0	46,013	D

Explanation of Responses:

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

2. 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.

3. On April 10, 2023, the reporting person was granted 35,040 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.

Remarks:

	/s/ Sofia Chernylo, by power of attorney	04/14/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did NETSTREIT (NTST) CFO Daniel Donlan report in this Form 4?

Daniel P. Donlan reported RSU vesting that converted into 11,681 NETSTREIT common shares. These shares came from a prior equity award and represent routine compensation rather than an open-market purchase or sale of stock.

How many NETSTREIT (NTST) shares did the CFO receive from RSU vesting?

The CFO received 11,681 NETSTREIT common shares upon the exercise and vesting of restricted stock units. Each RSU represents a contingent right to one share of common stock once vesting conditions are satisfied under the company’s incentive plan.

Why were 4,597 NETSTREIT (NTST) shares disposed of in this filing?

4,597 NETSTREIT shares were withheld by the issuer to satisfy mandatory tax withholding on the RSU vesting. The filing explicitly states this is not an open market sale, but a tax-related disposition tied to the compensation event.

What is the background of the CFO’s 35,040 RSU grant at NETSTREIT (NTST)?

On April 10, 2023, the CFO was granted 35,040 RSUs under NETSTREIT’s 2019 Omnibus Incentive Compensation Plan. These units vest in substantially equal installments on each of the first three anniversaries, generally requiring continued service through each vesting date.

How many NETSTREIT (NTST) shares does the CFO hold after these transactions?

After the RSU vesting and tax withholding, the CFO directly holds 43,662 NETSTREIT common shares. This figure reflects the new shares received from the vested RSUs minus those withheld to cover tax obligations associated with the award.

Was there any open-market buying or selling by the NETSTREIT (NTST) CFO?

The filing shows no open-market buying or selling. It reports RSU vesting and a tax-withholding share disposition, which the footnotes clarify is not an open market sale but a required step to satisfy tax obligations on the award.