NETSTREIT (NYSE: NTST) CEO exercises RSUs and withholds shares to cover taxes

Rhea-AI Filing Summary

NETSTREIT Corp. President and CEO Mark Manheimer exercised previously granted restricted stock units into common stock. He converted 4,842 RSUs into 4,842 shares of common stock, increasing his direct common stock holdings to 410,260 shares and his RSU balance to 171,317 units. To satisfy mandatory tax withholding on the RSU vesting, 1,906 shares were withheld by the company at a price of $20.91 per share, which the footnotes clarify was not an open-market sale.

Insights

Equity Compensation Analyst

Routine RSU vesting and tax withholding, no open-market trading signal.

NETSTREIT’s CEO Mark Manheimer exercised 4,842 restricted stock units into common shares, a standard step in equity compensation. Each RSU converts into one share, reflecting the ongoing vesting of awards granted under the company’s incentive plan.

Of these shares, 1,906 were withheld by the issuer at $20.91 per share to cover mandatory tax obligations, explicitly noted as not an open-market sale. Following the transactions, Manheimer directly holds 410,260 common shares, indicating this filing reflects compensation mechanics rather than discretionary buying or selling activity.

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^*

Manheimer Mark

(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
X	Officer (give title below)		Other (specify below)
	President, CEO and Secretary

3. Date of Earliest Transaction (Month/Day/Year)
03/08/2026

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	03/08/2026		M		4,842	A	(1)	412,166	D
Common Stock	03/08/2026		F(2)		1,906	D	$20.91	410,260	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)	03/08/2026		M			4,842	(3)	(3)	Common Stock	4,842	$0	171,317	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 March 8, 2024, the reporting person was granted 14,526 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	03/10/2026
	** 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) report for its CEO?

NETSTREIT reported that CEO Mark Manheimer exercised 4,842 restricted stock units into common stock. This routine equity compensation event increased his common shareholdings and reflects vesting of prior RSU grants under the company’s incentive compensation plan.

How many NETSTREIT (NTST) shares does the CEO hold after this Form 4?

After these transactions, CEO Mark Manheimer directly holds 410,260 shares of NETSTREIT common stock. He also holds 171,317 restricted stock units, each representing a contingent right to receive one share of common stock upon future vesting under the plan.

Were any NETSTREIT (NTST) shares sold on the open market in this filing?

No open-market sales occurred. The 1,906 NETSTREIT shares shown as a disposition were withheld by the issuer to satisfy mandatory tax withholding on RSU vesting, which the footnote clarifies is not an open-market sale of securities.

What price was used for NETSTREIT (NTST) shares withheld for taxes?

For the tax-withholding disposition, 1,906 NETSTREIT common shares were withheld at $20.91 per share. This amount reflects the value used to satisfy the CEO’s mandatory tax obligations triggered by the vesting of restricted stock units.

What RSU grant underlies the NETSTREIT (NTST) CEO’s recent vesting?

The vested restricted stock units come from a 14,526 RSU grant awarded on March 8, 2024 under NETSTREIT’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.

Does the NETSTREIT (NTST) CEO still hold unvested restricted stock units?

Yes. After this vesting and exercise event, CEO Mark Manheimer holds 171,317 restricted stock units. Each RSU represents a contingent right to receive one NETSTREIT common share upon satisfaction of the applicable vesting conditions described in the plan.