Prudential Financial, Inc. filed a Schedule 13G reporting beneficial ownership of 4,765,135 shares of NETSTREIT Corp. common stock, representing 5.7% of the class as of the reporting date. All of these shares are held with shared voting and dispositive power; Prudential reports no sole voting or dispositive power.
The filing states that Prudential is a parent holding company and that the shares are indirectly owned through investment adviser subsidiaries, including one holding 4,281,615 shares and another holding 483,520 shares. Prudential certifies the position is held in the ordinary course of business and not for the purpose of influencing control of NETSTREIT.
Positive
None.
Negative
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Insights
Prudential discloses a passive 5.7% stake in NETSTREIT through advisory subsidiaries.
Prudential Financial, Inc. reports beneficial ownership of 4,765,135 NETSTREIT common shares, or 5.7% of the class, as of 12/31/2025. All voting and dispositive authority over these shares is shared, with no sole power reported.
The position is held via investment adviser subsidiaries, including one with 4,281,615 shares and another with 483,520 shares. The certification states the holdings are maintained in the ordinary course of business and not to change or influence control of NETSTREIT Corp., framing this as a passive institutional ownership disclosure.
The filing notes that Prudential’s clients may have rights to dividends or sale proceeds. Future ownership levels and any shift from a passive stance would be visible in subsequent beneficial ownership reports for periods after 12/31/2025.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
NETSTREIT Corp.
(Name of Issuer)
Common
(Title of Class of Securities)
64119V303
(CUSIP Number)
12/31/2025
(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)
SCHEDULE 13G
CUSIP No.
64119V303
1
Names of Reporting Persons
PRUDENTIAL FINANCIAL INC
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
NEW JERSEY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
4,765,135.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
4,765,135.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
4,765,135.00
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)
5.7 %
12
Type of Reporting Person (See Instructions)
HC
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:
Prudential Financial, Inc.
(b)
Address or principal business office or, if none, residence:
751 Broad Street
Newark, New Jersey 07102-3777
(c)
Citizenship:
New Jersey
(d)
Title of class of securities:
Common
(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:
4,765,135
(b)
Percent of class:
5.7 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
4,765,135
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
4,765,135
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.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Our clients may have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities which are the subject of this filing.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Prudential Financial, Inc. is a Parent Holding Company and the indirect parent of the following subsidiaries, who are the beneficial owners of the number and percentage of securities which are the subject of this filing as set forth next to their names:
Subsidiaries Number of shares Percentage
PGIM, Inc. IA 4,281,615 5.1
PGIM Quantitative Solutions LLC IA 483,520 0.6
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.
What percentage of NETSTREIT Corp. (NTST) does Prudential Financial own?
Prudential Financial reports beneficial ownership of 5.7% of NETSTREIT’s common stock. This stake represents 4,765,135 shares as of December 31, 2025, and is held with shared voting and investment power through its investment adviser subsidiaries.
How many NETSTREIT (NTST) shares does Prudential Financial report owning?
Prudential Financial reports beneficial ownership of 4,765,135 NETSTREIT common shares. All of these shares are reported with shared voting and shared dispositive power, and none with sole authority, reflecting institutional holdings managed through Prudential’s investment adviser subsidiaries.
Is Prudential Financial’s NETSTREIT (NTST) stake intended to influence control of the company?
No. Prudential certifies the NETSTREIT shares were acquired and are held in the ordinary course of business. The filing states they were not acquired and are not held to change or influence control of NETSTREIT, indicating a passive investment position.
Through which entities does Prudential Financial hold its NETSTREIT (NTST) shares?
Prudential Financial is a parent holding company and reports indirect beneficial ownership through investment adviser subsidiaries. One subsidiary holds 4,281,615 shares and another holds 483,520 shares, together totaling the 4,765,135 NETSTREIT common shares reported in the filing.
Who may receive dividends or sale proceeds from Prudential’s NETSTREIT (NTST) holdings?
Prudential states that its clients may have the right to receive, or direct the receipt of, dividends or proceeds from the sale of the NETSTREIT shares. This reflects typical arrangements where investment advisers manage securities on behalf of underlying client accounts.
What type of SEC filing did Prudential Financial submit regarding NETSTREIT (NTST)?
Prudential filed a Schedule 13G, which is a beneficial ownership report for investors holding more than 5% of a company’s shares. This schedule is typically used by institutions taking a passive ownership position, rather than seeking to influence corporate control.