NETSTREIT director exercises 7,192 RSUs
NETSTREIT Corp. director Michael Christodolou reported an automatic conversion of equity awards rather than an open‑market trade.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,192 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,192 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock upon vesting.
- F2. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NETSTREIT (NTST) director Michael Christodolou report?
When were the NETSTREIT (NTST) restricted stock units originally granted to Michael Christodolou?
What do NETSTREIT (NTST) restricted stock units represent for Michael Christodolou?
Was Michael Christodolou’s NETSTREIT (NTST) Form 4 a market buy or sell?
Under which plan were Michael Christodolou’s NETSTREIT (NTST) RSUs granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.