Form 4: NETSTREIT Corp. Director Wittman Reports Stock Transactions

Director Lori Wittman reports the vesting and disposal of restricted stock units (RSUs) and updates to her beneficial ownership of NETSTREIT Corp. common stock.

Summary

• On February 28, 2024, Director Lori Wittman vested and disposed of 4,458 restricted stock units (RSUs) of NETSTREIT Corp. common stock.
• The RSUs were granted on February 28, 2023, under the company's 2019 Omnibus Incentive Compensation Plan and vested 100% on the first anniversary of the grant date.
• Wittman's direct holdings of common stock decreased by 13,930 shares.
• Wittman also indirectly holds 2,639 shares through the Lori B. Wittman Revocable Trust and 1,111 shares through a joint account with her husband.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.

Key Dates