Donlan Daniel P 4

What Happened Daniel P. Donlan, NETSTREIT Corp.'s CFO and Treasurer, received two equity awards on February 12, 2026: 12,514 restricted stock units (RSUs) and 21,711 Time‑Based LTIP Units. Both grants are reported at $0 (derivative awards) and are awards/compensation rather than open‑market purchases or sales. The RSUs were granted in lieu of cash compensation under the company’s Alignment of Interest Program.

Key Details

• Transaction date: February 12, 2026; Filing date (Form 4): February 17, 2026 (filed within the SEC’s 2 business‑day window; Feb 16 was a federal holiday).
• Award amounts: 12,514 RSUs (F1, F2) and 21,711 LTIP Units (F3, F4); reported acquisition price $0 (derivative awards).
• Vesting: Both the RSUs and LTIP Units vest in substantially equal installments on each of the first three anniversaries of the grant date, generally subject to continued service.
• Post‑transaction holdings: Not disclosed in the provided filing excerpt.
• Not a sale or purchase of public shares — these are compensation grants (code A).

Context RSUs represent a contingent right to receive one share of common stock upon vesting. LTIP Units are partnership units that, upon vesting, convert to common units of the operating partnership and — after the second anniversary of the grant — each common unit is redeemable for cash equal to the market value of one share or, at the company’s election, one share of common stock. Because these are standard compensation awards, they reflect company pay practices rather than an immediate insider buy or sell signal.