Donlan Daniel P 4
Research Summary
AI-generated summary
NETSTREIT (NTST) CFO Daniel Donlan Exercises RSUs; Shares Withheld
What Happened
- Daniel P. Donlan, CFO and Treasurer of NETSTREIT (NTST), had 11,681 restricted stock units (RSUs convert/derivative event) vest on April 10, 2026. To satisfy mandatory tax withholding, 4,597 shares were withheld at $20.26/share for a withholding value of $93,135. The net shares retained by Donlan are approximately 7,084. This was a compensation-related vesting and withholding event, not an open-market sale.
Key Details
- Transaction date: April 10, 2026 (filed Apr 14, 2026 — timely within two business days).
- RSUs converted/exercised (code M): 11,681 shares vested/converted.
- Tax withholding (code F): 4,597 shares withheld at $20.26 = $93,135.
- Net shares received (approx): 11,681 − 4,597 = 7,084 shares retained.
- Shares owned after transaction: not reported in this filing.
- Footnotes: F1/F3 — RSUs represent contingent rights to one share each; these RSUs were part of a 35,040-grant on Apr 10, 2023 that vests in roughly equal annual installments. F2 — the withheld shares satisfy mandatory tax withholding and are not an open-market sale.
Context
- This was a routine RSU vesting and tax-withholding event (cashless-style settlement). Such filings reflect compensation vesting rather than a manager-initiated purchase or sale; they do not, by themselves, indicate a change in insider sentiment.