Wittman Lori 4

What Happened Lori B. Wittman, a director of NETSTREIT Corp. (NTST), had 7,192 restricted stock units (RSUs) vest and convert into 7,192 shares on February 26, 2026 (reported on a Form 4 filed March 2, 2026). The record shows an exercise/conversion (transaction code M) resulting in 7,192 shares acquired and a corresponding disposition of 7,192 shares at $0.00 — indicating conversion/settlement rather than a market sale for cash.

Key Details

• Transaction date: 2026-02-26; Form 4 filed: 2026-03-02 (filing appears late relative to the typical 2-business-day Form 4 deadline).
• Transaction type/code: Exercise/conversion of derivative (M) — conversion of RSUs into common stock upon vesting.
• Shares involved: 7,192 RSUs converted to 7,192 shares; disposition recorded at $0.00 (not a cash sale).
• Footnotes: F1 = each RSU equals one contingent share on vesting; F4 = these RSUs were granted 2/26/2025 and vested 100% on the first anniversary; F2/F3 = holdings are held indirectly via the Lori B. Wittman Revocable Trust and a joint account.
• Shares owned after the transaction: not specified in the provided extract of the filing.

Context This was an RSU vesting and conversion to common stock (an award settling into shares), not an open-market purchase or sale. The $0.00 disposition line typically reflects internal settlement/transfer (e.g., issuance or distribution on vesting) rather than a taxable sale for cash, so it does not necessarily signal buying or selling sentiment. The late filing may affect timeliness transparency but does not change the nature of the transaction.