Donlan Daniel P 4

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.