Form 4: NETSTREIT Corp. Director Robin Zeigler Reports Stock Unit Vesting
SEC Filing
Director Robin Zeigler reports the vesting of restricted stock units (RSUs) into common stock of NETSTREIT Corp.
Summary
- On February 16, 2025, Robin Zeigler, a director of NETSTREIT Corp., reported the vesting of 5,193 restricted stock units (RSUs) into common stock.
- This transaction is reported on a Form 4 filing with the SEC.
- The RSUs were granted on February 16, 2024, under the company's 2019 Omnibus Incentive Compensation Plan.
- The RSUs vested 100% on the first anniversary of the grant date, contingent upon continued service as a director.
- Following the transaction, Zeigler directly owns 18,344 shares of NETSTREIT Corp. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices.
Industry Context
This is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The vesting of RSUs has a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 2024-02-16 | Reporting person was granted 5,193 RSUs pursuant to the Issuer's 2019 Omnibus Incentive Compensation Plan. |
| 2024-07-23 | Date of Power of Attorney execution. |
| 2025-02-16 | Date of transaction where 5,193 restricted stock units vested. |
| 2025-02-19 | Date of signature on the report. |
Keywords
Form 4, NETSTREIT Corp, Robin Zeigler, Director, Stock Units, Vesting, NTST, Common Stock, RSU
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