Form 4: NETSTREIT Corp. CFO Exercises Restricted Stock Units and Disposes of Shares for Tax Obligations

Daniel P. Donlan, CFO and Treasurer of NETSTREIT Corp., exercised restricted stock units and disposed of shares to cover tax withholding obligations on April 10, 2025.

Summary

• On April 10, 2025, Daniel P. Donlan, the CFO and Treasurer of NETSTREIT Corp., exercised 11,680 restricted stock units (RSUs), each representing one share of common stock.
• Simultaneously, Donlan disposed of 4,495 shares of common stock at a price of $15.06 to satisfy mandatory tax withholding requirements upon the vesting of the RSUs.
• Following these transactions, Donlan directly owns 23,075 shares of NETSTREIT Corp. common stock and 11,681 restricted stock units.

Sentiment

Score: 5

Explanation: The document reflects standard executive compensation activity and doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership. It reflects the standard practice of executives receiving stock-based compensation and managing their tax obligations through stock sales.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the exercise of RSUs and a small sale of shares to cover tax obligations, which is a normal part of executive compensation.

Key Dates

Keywords

NETSTREIT Corp, Daniel P. Donlan, CFO, Treasurer, Restricted Stock Units, RSUs, Form 4, Beneficial Ownership, Tax Withholding, NTST