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NETSTREIT (NTST) director converts 7,192 RSUs into common stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NETSTREIT Corp. director Michael Christodolou reported an automatic conversion of equity awards rather than an open‑market trade. On February 26, he exercised 7,192 restricted stock units into 7,192 shares of common stock at a price of $0.00 per share. After these transactions, he held 5,526 restricted stock units and 34,264 shares of common stock directly. The RSUs were granted on February 26, 2025 and vested 100% on the first anniversary, subject to continued board service.

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Insider CHRISTODOLOU MICHAEL
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 — 34,264 shares (Direct)
Footnotes (1)
  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.
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Form 4 Insider Transactions: What Each Field Means →
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*
CHRISTODOLOU MICHAEL
(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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
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 02/26/2026 M 7,192 A (1) 34,264 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) 02/26/2026 M 7,192 (2) (2) Common Stock 7,192 $0 5,526 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock upon vesting.
2. 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.
Remarks:
/s/ Sofia Chernylo, by power of attorney 03/02/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did NETSTREIT (NTST) director Michael Christodolou report?

Michael Christodolou reported exercising 7,192 restricted stock units into 7,192 shares of NETSTREIT common stock at $0.00 per share. This was a derivative exercise/conversion, not an open-market purchase or sale, and reflects vesting of a prior equity award.

When were the NETSTREIT (NTST) restricted stock units originally granted to Michael Christodolou?

The filing states that 7,192 restricted stock units were granted on February 26, 2025 under NETSTREIT’s Amended and Restated 2019 Omnibus Incentive Compensation Plan. These RSUs were scheduled to vest 100% on the first anniversary of the grant date, subject to continued service as a director.

How many NETSTREIT (NTST) shares does Michael Christodolou own after this Form 4?

After the reported transactions, Michael Christodolou directly held 34,264 shares of NETSTREIT common stock. He also directly owned 5,526 restricted stock units, each representing a contingent right to receive one share of common stock upon vesting, according to the filing.

What do NETSTREIT (NTST) restricted stock units represent for Michael Christodolou?

Each restricted stock unit represents a contingent right to receive one share of NETSTREIT common stock upon vesting. The filing notes that vesting of the 7,192 RSUs occurred 100% on the first anniversary of the February 26, 2025 grant date, generally requiring continued service as a director.

Was Michael Christodolou’s NETSTREIT (NTST) Form 4 a market buy or sell?

The Form 4 describes a derivative exercise/conversion, not a market buy or sell. The 7,192 restricted stock units converted into 7,192 common shares at $0.00 per share as the award vested, reflecting compensation rather than an open-market stock transaction.

Under which plan were Michael Christodolou’s NETSTREIT (NTST) RSUs granted?

The 7,192 restricted stock units were granted pursuant to NETSTREIT’s Amended and Restated 2019 Omnibus Incentive Compensation Plan. This plan governs equity-based compensation, and the RSUs granted on February 26, 2025 vested fully on the first anniversary, subject to continued board service.