NETSTREIT Corp.·4

Feb 17, 8:21 PM ET

CHRISTODOLOU MICHAEL 4

4 · NETSTREIT Corp. · Filed Feb 17, 2026

Research Summary

AI-generated summary of this filing

Updated

NETSTREIT (NTST) Director Michael Christodoulou Receives RSU Award

What Happened

  • Michael Christodoulou, a director of NETSTREIT Corp. (NTST), was granted 5,526 restricted stock units (RSUs) on February 12, 2026. The award is reported as an award/acquisition (code A) at $0.00 per unit because RSUs are contingent rights to receive common shares upon vesting rather than an immediate purchase.
  • The RSUs vest 100% on the first anniversary of the grant (Feb 12, 2027), generally subject to continued service as a director. No cash changed hands at grant.

Key Details

  • Transaction date: February 12, 2026; Filing date (Form 4): February 17, 2026 (appears to be filed late relative to the usual 2-business-day Form 4 deadline).
  • Grant: 5,526 RSUs reported at $0.00 (derivative award).
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnotes: F1 clarifies each RSU represents a contingent right to one share upon vesting. F2 confirms the grant was made under the Issuer's Amended and Restated 2019 Omnibus Incentive Compensation Plan and vests 100% after one year, subject to continued service.

Context

  • RSU grants are compensation/retention awards and do not represent an immediate purchase or sale; they convert into shares only upon vesting (and may be subject to tax withholding at that time). Such awards are common for aligning directors' interests with shareholders and should not be interpreted as an immediate market signal.

Insider Transaction Report

Form 4
Period: 2026-02-12
Transactions
  • Award

    Restricted Stock Units

    [F1][F2]
    2026-02-12+5,52612,718 total
    Common Stock (5,526 underlying)
Footnotes (2)
  • [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock upon vesting.
  • [F2]On February 12, 2026, the reporting person was granted 5,526 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.
Signature
/s/ Sofia Chernylo, by power of attorney|2026-02-17

Documents

1 file
  • 4
    wk-form4_1771377687.xmlPrimary

    FORM 4