NETSTREIT Corp. (NTST): Principal units report 9.6% ownership stake in REIT

Rhea-AI Filing Summary

NETSTREIT Corp. is reported to have 9,364,144 shares of its common stock beneficially owned by Principal Real Estate Investors LLC and Principal Global Investors LLC, representing 9.6% of the outstanding class as of June 30, 2026. This filing is Amendment No. 5 to a Schedule 13G.

Principal Real Estate Investors LLC is a Delaware entity with 8,573,813 shares subject to shared voting and shared dispositive power, equal to 8.8% of the class, and no sole voting or dispositive power. Principal Global Investors, also a Delaware entity, has 790,331 shares with shared voting and shared dispositive power, equal to 0.8% of the class, and no sole powers. The two entities report jointly under a Joint Filing Agreement signed by J. Markham Penrod on July 31, 2026.

Key Figures

Beneficial ownership: 9,364,144 shares Percent of class: 9.6% PREI shared voting power: 8,573,813 shares +3 more

6 metrics

Beneficial ownership 9,364,144 shares Total NETSTREIT common shares beneficially owned as of 06/30/2026

Percent of class 9.6% Percentage of NETSTREIT common stock beneficially owned

PREI shared voting power 8,573,813 shares Shares of NETSTREIT with shared voting and dispositive power for Principal Real Estate Investors LLC

PREI percent of class 8.8% NETSTREIT common stock attributed to Principal Real Estate Investors LLC

PGI shared voting power 790,331 shares Shares of NETSTREIT with shared voting and dispositive power for Principal Global Investors

PGI percent of class 0.8% NETSTREIT common stock attributed to Principal Global Investors

Key Terms

beneficially owned, shared voting power, shared dispositive power, Schedule 13G, +1 more

5 terms

beneficially owned financial

"Amount beneficially owned: 9,364,144"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

shared voting power financial

"Shared Voting Power 8,573,813.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

shared dispositive power financial

"Shared Dispositive Power 8,573,813.00"

Schedule 13G regulatory

"This statement is filed by ... jointly pursuant to a Joint Filing Agreement"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Joint Filing Agreement regulatory

"jointly pursuant to a Joint Filing Agreement, which is filed ... as Exhibit 99.1"

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FAQ

How many NETSTREIT Corp. (NTST) shares are beneficially owned by the reporting entities?

Principal Real Estate Investors LLC and Principal Global Investors LLC together beneficially own 9,364,144 NETSTREIT shares, representing 9.6% of the company’s common stock as disclosed in the Schedule 13G/A.

What percentage of NETSTREIT Corp. (NTST) does Principal Real Estate Investors LLC hold?

Principal Real Estate Investors LLC reports 8,573,813 NETSTREIT shares with shared voting and dispositive power, equal to 8.8% of the common stock, and holds no sole voting or dispositive power over these shares.

What percentage of NETSTREIT Corp. (NTST) does Principal Global Investors hold?

Principal Global Investors reports 790,331 NETSTREIT shares with shared voting and dispositive power, equal to 0.8% of the outstanding common stock, and has no sole voting or dispositive power over these shares.

What is the aggregate ownership stake in NETSTREIT Corp. (NTST) reported on this Schedule 13G/A?

The filing states that the two reporting entities together beneficially own 9,364,144 NETSTREIT shares, which represents 9.6% of the company’s common stock as of June 30, 2026.

Do the reporting entities have sole or shared voting power over NETSTREIT Corp. (NTST) shares?

Both entities report zero sole voting and dispositive power. All reported NETSTREIT shares are subject to shared voting and shared dispositive power: 8,573,813 for Principal Real Estate Investors LLC and 790,331 for Principal Global Investors.

Who signed the joint Schedule 13G/A for NETSTREIT Corp. (NTST) and in what capacity?

The report is signed by J. Markham Penrod, identified as Chief Compliance Officer - North America, Principal Asset Management. The signature appears for both Principal Real Estate Investors LLC and Principal Global Investors on July 31, 2026.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 5)

NETSTREIT Corp.

(Name of Issuer)

Common Stock, $0.01 par value per share

(Title of Class of Securities)

64119V303

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 64119V303

1

Names of Reporting Persons

PRINCIPAL REAL ESTATE INVESTORS, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 8,573,813.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 8,573,813.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,573,813.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.8 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP Number(s): 64119V303

1

Names of Reporting Persons

PRINCIPAL GLOBAL INVESTORS

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 790,331.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 790,331.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

790,331.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.8 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: NETSTREIT Corp.
(b)	Address of issuer's principal executive offices: 2021 MCKINNEY AVENUE, SUITE 1150, DALLAS, TEXAS 75201
Item 2.
(a)	Name of person filing: PRINCIPAL REAL ESTATE INVESTORS, LLC PRINCIPAL GLOBAL INVESTORS
(b)	Address or principal business office or, if none, residence: PRINCIPAL REAL ESTATE INVESTORS, LLC 711 HIGH STREET DES MOINES, Iowa 50392-0300 PRINCIPAL GLOBAL INVESTORS 711 HIGH STREET DES MOINES, Iowa 50392-0300
(c)	Citizenship: PRINCIPAL REAL ESTATE INVESTORS, LLC - DELAWARE PRINCIPAL GLOBAL INVESTORS - DELAWARE
(d)	Title of class of securities: Common Stock, $0.01 par value per share
(e)	CUSIP No.: 64119V303
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 9,364,144
(b)	Percent of class: 9.6 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: PRINCIPAL REAL ESTATE INVESTORS, LLC - 0 PRINCIPAL GLOBAL INVESTORS - 0
	(ii) Shared power to vote or to direct the vote: PRINCIPAL REAL ESTATE INVESTORS, LLC - 8,573,813 PRINCIPAL GLOBAL INVESTORS - 790,331
	(iii) Sole power to dispose or to direct the disposition of: PRINCIPAL REAL ESTATE INVESTORS, LLC - 0 PRINCIPAL GLOBAL INVESTORS - 0
	(iv) Shared power to dispose or to direct the disposition of: PRINCIPAL REAL ESTATE INVESTORS, LLC - 8,573,813 PRINCIPAL GLOBAL INVESTORS - 790,331
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

PRINCIPAL REAL ESTATE INVESTORS, LLC

Signature:	/s/ J. Markham Penrod
Name/Title:	J. Markham Penrod, Chief Compliance Officer - North America, Principal Asset Management
Date:	07/31/2026

PRINCIPAL GLOBAL INVESTORS

Signature:	/s/ J. Markham Penrod
Name/Title:	J. Markham Penrod, Chief Compliance Officer - North America, Principal Asset Management
Date:	07/31/2026

Exhibit Information

This statement is filed by Principal Global Investors LLC and Principal Real Estate Investors LLC jointly pursuant to a Joint Filing Agreement, which is filed with this Schedule 13G as Exhibit 99.1.