Director at NETSTREIT (NYSE: NTST) receives 7,192 vested shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NETSTREIT Corp. director Heidi Everett reported the vesting and conversion of 7,192 restricted stock units into an equal number of common shares at a price of $0.00 per share. These RSUs were granted under the company’s 2019 Omnibus Incentive Compensation Plan and represented a contingent right to receive common stock upon vesting.
After the transaction, Everett held 5,526 restricted stock units and 25,248 shares of common stock directly. The filing reflects compensation-related equity vesting rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,192 shares exercised/converted
Mixed
2 txns
Insider
Everett Heidi
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 — 25,248 shares (Direct)
Footnotes (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.
FAQ
What insider transaction did NETSTREIT (NTST) director Heidi Everett report?
Heidi Everett reported the vesting and conversion of 7,192 restricted stock units into 7,192 common shares at $0.00 per share. The RSUs were part of NETSTREIT’s 2019 Omnibus Incentive Compensation Plan and converted automatically when they vested.
How many NETSTREIT (NTST) restricted stock units does Heidi Everett hold after the filing?
After the reported transaction, Heidi Everett holds 5,526 restricted stock units. These units represent additional contingent rights to receive NETSTREIT common shares in the future, subject to the plan’s vesting and service conditions described in the award documentation.
What plan governed the 7,192 RSUs reported by NETSTREIT (NTST) director Heidi Everett?
The 7,192 restricted stock units were granted under NETSTREIT’s Amended and Restated 2019 Omnibus Incentive Compensation Plan. According to the disclosure, the grant vested 100% on the first anniversary of the grant date, subject to continued service as a director.
When did the 7,192 RSUs for NETSTREIT (NTST) director Heidi Everett vest?
The 7,192 RSUs were granted on February 26, 2025, and vested 100% on the first anniversary of that grant date. Vesting was generally conditioned on Heidi Everett’s continued service as a director through the vesting date under the company’s incentive plan.