Manheimer Mark 4

4 · NETSTREIT Corp. · Filed Mar 2, 2026

AI-generated summary of this filing

Updated Mar 3, 2026

NETSTREIT CEO Mark Manheimer Exercises RSUs; Shares Withheld

What Happened

Mark Manheimer, President, CEO, Secretary and a director of NETSTREIT Corp. (NTST), had RSUs convert to common shares on February 26, 2026. A total of 45,195 RSUs vested/converted (17,801 and 27,394). To satisfy mandatory tax withholding, the issuer withheld 17,785 of those shares (7,005 and 10,780), resulting in a net issuance to Manheimer of 27,410 shares.
The withholding entries were reported as “F” (payment of tax liability) and totaled $366,549 (7,005 shares × $20.61 = $144,373; 10,780 × $20.61 = $222,176). The conversions were reported as “M” (exercise/conversion of derivative) with a $0.00 exercise price (typical for RSU-to-share conversion).

Key Details

Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (timely filing).
Shares vested/converted: 17,801 and 27,394 (total 45,195).
Shares withheld for taxes: 7,005 and 10,780 (total 17,785) at $20.61 per share; withholding value $366,549.
Net shares delivered to insider after withholding: 27,410.
Footnotes: RSUs represent contingent rights to one share on vesting (F1). Withholding was done by the issuer to satisfy mandatory tax withholding (F2). The vested RSUs were from grants made on Feb 26, 2025: 53,410 RSUs (Alignment of Interest Program) and 82,192 RSUs (Omnibus Plan), each vesting in roughly equal installments over three years (F3, F4).
Shares owned after the transaction are not specified in the provided filing.

Context

This was not an open-market sale; the “F” entries are issuer share-withholding to cover taxes on vesting RSUs (a common, non-market-transfer method). The “M” codes reflect conversion/exercise of RSU derivatives rather than a cash exercise.
For retail investors, these entries indicate routine executive compensation vesting and tax-related withholding rather than a discretionary insider sale or purchase.

Form 4

Period: 2026-02-26

DirectorPresident, CEO and Secretary

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-26+17,801→ 355,059 total
Tax Payment
Common Stock
[F2]
2026-02-26$20.61/sh−7,005$144,373→ 348,054 total
Exercise/Conversion
Common Stock
[F1]
2026-02-26+27,394→ 375,448 total
Tax Payment
Common Stock
[F2]
2026-02-26$20.61/sh−10,780$222,176→ 364,668 total
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-02-26−17,801→ 225,836 total
→ Common Stock (17,801 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-02-26−27,394→ 198,442 total
→ Common Stock (27,394 underlying)

Footnotes (4)

[F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock upon vesting.
[F2]Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon vesting of RSUs previously granted to the reporting person. This is not an open market sale of securities.
[F3]On February 26, 2025, the reporting person was granted 53,410 RSUs in lieu of cash compensation pursuant to the Issuer's Alignment of Interest Program. The RSUs vest in substantially equal installments on each of the first three anniversaries of the grant date, generally subject to continued service as an officer throughout each applicable vesting date.
[F4]On February 26, 2025, the reporting person was granted 82,192 RSUs pursuant to the Issuer's Amended and Restated 2019 Omnibus Incentive Compensation Plan, vesting in substantially equal installments on each of the first three anniversaries of the grant date, generally subject to continued service as an officer through each applicable vesting date.

Signature

/s/ Sofia Chernylo, by power of attorney|2026-03-02

1 file