Donlan Daniel P 4
4 · NETSTREIT Corp. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
NETSTREIT (NTST) CFO Donlan Vests RSUs; Shares Withheld for Taxes
What Happened
- Daniel P. Donlan, CFO and Treasurer of NETSTREIT (NTST), had RSUs vest and convert into common shares on February 26, 2026. Two conversions totaled 14,053 shares (7,205 and 6,848). To satisfy mandatory tax withholding, the issuer withheld 5,531 of those shares (2,836 and 2,695) at a withholding value of $20.61 per share, totaling $113,994. The conversion entries show $0.00 per share for the derivative dispositions (typical when RSUs convert to stock).
Key Details
- Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (timely within the 2-business-day filing window).
- RSUs converted to shares: 14,053 total (7,205 + 6,848).
- Shares withheld for taxes: 5,531 total (2,836 @ $20.61 = $58,450; 2,695 @ $20.61 = $55,544; combined ~$113,994).
- Net shares delivered to the insider after withholding: 8,522 (14,053 − 5,531).
- Shares owned after the transaction: not disclosed in the provided filing.
- Footnotes: F1—each RSU converts to one share upon vesting; F2—shares were withheld by the issuer to satisfy mandatory tax withholding (not an open-market sale); F3/F4—these RSUs were granted on Feb 26, 2025 (two separate grants of 21,618 and 20,548 RSUs) and vest in roughly equal annual installments over three years.
Context
- This was an RSU vesting event with issuer withholding to cover tax liability — a common administrative transaction and not an open‑market sale. The filing shows conversion of derivative awards (M) and withholding for taxes (F), not a discretionary sale or purchase by the insider.
Insider Transaction Report
Form 4
NETSTREIT Corp.NTST
Donlan Daniel P
CFO and Treasurer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-26+7,205→ 35,261 total - Tax Payment
Common Stock
[F2]2026-02-26$20.61/sh−2,836$58,450→ 32,425 total - Exercise/Conversion
Common Stock
[F1]2026-02-26+6,848→ 39,273 total - Tax Payment
Common Stock
[F2]2026-02-26$20.61/sh−2,695$55,544→ 36,578 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-26−7,205→ 64,542 total→ Common Stock (7,205 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-26−6,848→ 57,694 total→ Common Stock (6,848 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 21,618 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 through each applicable vesting date.
- [F4]On February 26, 2025, the reporting person was granted 20,548 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