Everett Heidi 4
Research Summary
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NetSTREIT (NTST) Director Heidi Everett Receives RSU Award
What Happened Heidi Everett, a director of NetSTREIT Corp. (NTST), was granted 5,526 restricted stock units (RSUs) on February 12, 2026. The grant is reported as an award/acquisition (derivative) at $0.00 per unit (no cash paid at grant). The RSUs represent contingent rights to receive one share of common stock each upon vesting.
Key Details
- Transaction date: February 12, 2026; Form 4 filed February 17, 2026 (Accession 0001628280-26-008753).
- Award: 5,526 RSUs, reported as Acquisition (code A) at $0.00.
- Vesting: 100% vests on the first anniversary of the grant (Feb 12, 2027), generally subject to continued service as a director (footnote F2).
- RSU mechanics: Each RSU converts to one share upon vesting (footnote F1); no immediate shares or cash were received at grant.
- Shares owned following the transaction: not specified in the provided filing.
Context
- RSUs are a form of compensation and do not represent an open-market purchase or sale; they only convert to actual shares if and when they vest.
- Such director RSU grants are commonly used for retention and compensation and should not be interpreted as an immediate market-directional signal.