TROXELL MATTHEW A 4

What Happened

• Matthew A. Troxell, a director of NETSTREIT Corp. (NTST), had 7,192 restricted stock units (RSUs) vest and convert into 7,192 shares on February 26, 2026. The Form 4 reports an acquisition of 7,192 shares via conversion of the derivative (code M) and a corresponding disposition of 7,192 shares at $0.00 (no cash proceeds reported). This was a settlement of an award, not an open-market purchase or sale.

Key Details

• Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (timely filed).
• Transaction code: M (exercise or conversion of a derivative security — here, RSU vesting/settlement).
• Shares acquired: 7,192 via conversion of RSUs; Shares disposed: 7,192 at $0.00 (reported as derivative disposition).
• Post-transaction holdings: not specified in the provided filing summary.
• Footnotes: F1 — each RSU converts to one common share on vesting; F2 — these 7,192 RSUs were granted on Feb 26, 2025 and vested 100% on the first anniversary, generally subject to continued director service.

Context

• This transaction reflects RSU vesting and conversion into common stock rather than a market sale or purchase. No cash proceeds were reported, and the filing does not indicate a 10b5-1 plan or explicit tax withholding details. The Form 4 was filed within the required two business days after the vesting/conversion date.