Form 4: NETSTREIT Corp. CFO Daniel Donlan Reports Stock Transactions
SEC Form 4 Filing
Daniel Donlan, CFO and Treasurer of NETSTREIT Corp., reports the vesting of restricted stock units and associated tax withholding.
Summary
- On February 16, 2025, Daniel Donlan, CFO and Treasurer of NETSTREIT Corp., reported transactions involving common stock and restricted stock units (RSUs).
- 5,385 RSUs vested, converting into an equal number of common stock shares.
- 2,405 shares were withheld by the issuer to cover mandatory tax obligations related to the RSU vesting at a price of $13.88 per share.
- Following these transactions, Donlan directly owns 13,890 shares of common stock and 10,772 RSUs.
- These transactions were reported on Form 4, filed with the SEC.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by a company insider, with no inherent positive or negative sentiment.
Future Outlook
The remaining RSUs will continue to vest on the anniversaries of the grant date, subject to continued service as an officer.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 02/16/2024 | Reporting person was granted 16,157 RSUs pursuant to the Issuer's 2019 Omnibus Incentive Compensation Plan. |
| 02/16/2025 | Date of RSU vesting and stock transactions. |
| 02/19/2025 | Date of signature on the report. |
Keywords
NETSTREIT Corp, Daniel Donlan, Form 4, SEC, RSU, Stock Options, Insider Trading, NTST, CFO, Treasurer, Vesting
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