NETSTREIT Corp.·4

Feb 17, 8:23 PM ET

Wittman Lori 4

Research Summary

AI-generated summary

Updated

NETSTREIT (NTST) Director Lori Wittman Receives Award

What Happened

  • Lori Wittman, 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/derivative (code A) at $0.00 per unit (no cash was paid by the insider). These RSUs represent a contingent right to receive one share of common stock per RSU upon vesting.

Key Details

  • Transaction date: 2026-02-12; Filing date: 2026-02-17 (appears to be filed after the typical 2-business-day Form 4 window).
  • Grant size: 5,526 RSUs; reported acquisition price $0.00 (award).
  • Vesting: 100% on the first anniversary of the grant (vesting date ~2027-02-12), generally subject to continued service as a director (per footnote).
  • Footnotes: F1 — each RSU converts to one share upon vesting; F2 — grant made under the 2019 Omnibus Incentive Compensation Plan and vests 100% after one year, subject to service.
  • Shares owned after transaction: The filing shows an award of RSUs, not issuance of common shares; common-stock ownership does not increase until RSUs vest and are settled.

Context

  • This is a compensation award (not a market purchase or sale). RSU grants are commonly used to compensate and retain directors; they do not reflect an immediate cash investment or sale by the insider. The economic value of the award will depend on NETSTREIT’s share price at vesting.