Netstreit Corp
7 nominees · 4 ballot items.
Election of seven directors; ratification of KPMG LLP as independent registered public accounting firm; an advisory (non-binding) vote to approve executive compensation (say-on-pay); and to transact any other business properly brought before the Annual Meeting.
Follow how the vote landed and what changed on Netstreit Corp’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
On the ballot4
- 1
Election of Directors
ManagementBoard: FORElect seven nominees named in the proxy statement to the Board to hold office until the 2027 Annual Meeting or until their successors are duly elected and qualify.
- 2
Ratification of Retention of Independent Registered Public Accounting Firm (KPMG LLP
ManagementBoard: FORRatify the Audit Committee’s retention of KPMG LLP as NETSTREIT’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
- 3
Advisory Vote to Approve Executive Compensation (Say-on-Pay
ManagementBoard: FORNon-binding, advisory vote to approve the compensation of the Company’s named executive officers as disclosed in the proxy statement (Compensation Discussion and Analysis, compensation tables and narrative).
More detail
This proposal asks shareholders to cast a non-binding annual advisory vote to approve the compensation of the Company’s named executive officers as disclosed in the proxy statement. Management seeks this advisory approval to validate and confirm its executive pay philosophy, which it describes as pay-for-performance and aligned with stockholder interests, and to demonstrate continued stockholder support for compensation design and outcomes. The Company’s executive compensation program emphasizes a mix of base salary, a performance-weighted short-term incentive tied to AFFO, portfolio and leverage metrics, and long-term incentives that are predominantly performance stock units (PSUs) tied to absolute and relative total shareholder return (TSR), alongside time-based RSUs to promote retention. The Compensation Committee engages independent consultants (recently Farient Advisors) and uses a peer group to set competitive targets; the Company also has clawback provisions, stock ownership guidelines, prohibitions on hedging and pledging, and an Alignment of Interest Program that converts portions of STI into RSUs to strengthen long-term alignment. The Board highlights strong past stockholder support (approximately 92% in favor at the 2025 annual meeting) as evidence of alignment, and it notes that the say-on-pay vote is advisory and will be considered by the Board and Compensation Committee in future decisions. Because the vote is non-binding, the practical effect is governance signaling rather than automatic policy change, but a negative outcome could trigger engagement, plan redesign, or other governance responses. Investors evaluating this proposal will weigh the rigor of performance metrics (AFFO, tenant concentration, leverage, and TSR-based PSUs), the mix of at-risk compensation, historical pay outcomes (including PSU vesting results), and the Company’s governance safeguards when deciding whether the disclosed program appropriately incentivizes executives and protects long-term shareholder value.
- 4
Other Business
ManagementBoard: FORTo transact such other business as may properly come before the Annual Meeting or any adjournments or postponements thereof.
More detail
This is a catch‑all, procedural item that allows the meeting to address any additional matters properly presented at the Annual Meeting that are not specifically enumerated in the Notice and proxy materials. By its nature the item contains no specific substantive proposal text, timing, or context in the proxy, which limits shareholders’ ability to evaluate potential outcomes in advance. Typical matters germane to an "other business" item include procedural actions (e.g., adjournments), consideration of ministerial matters, or, less commonly, the presentation of unexpected proposals or stockholder questions; any substantive proposal brought under this item would generally be accompanied by supplemental disclosure if required. The Board’s general recommendation to vote FOR other proposals signals that management wants flexibility to manage meeting logistics and to permit the proxies to exercise discretion on routine adjournments or technical matters; however, brokers do not have discretionary authority to vote on non-routine matters for shares held in street name, so shareholders should provide voting instructions if they want their shares voted on unannounced substantive items. From a governance perspective, because this item provides no advance substance, meaningful shareholder evaluation depends on prompt supplemental disclosures or the opportunity for shareholder engagement if a material matter is introduced at the meeting.
Nominees on the ballot7
Top institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | COHEN STEERS, INC. | 15.2% | 14,800,212 | $279M |
| 2 | PRINCIPAL FINANCIAL GROUP INC | 9.5% | 9,274,937 | $175M |
| 3 | MILLENNIUM MANAGEMENT LLC | 4.7% | 4,553,778 | $86M |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 4.3% | 4,222,479 | $80M |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC | 4.3% | 4,208,980 | $79M |
| 6 | Alyeska Investment Group, L.P. | 4.2% | 4,125,960 | $78M |
| 7 | TWO SIGMA INVESTMENTS, LP | 4.0% | 3,921,431 | $74M |
| 8 | BlackRock, Inc. | 4.0% | 3,921,384 | $74M |
| 9 | BlackRock, Inc. | 3.9% | 3,791,461 | $71M |
| 10 | STATE STREET CORP | 3.7% | 3,559,196 | $67M |
Other Real Estate sector meetings6
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Frequently asked questions
- When is the Netstreit Corp 2026 annual meeting?
- Netstreit Corp (NTST) holds its 2026 annual shareholder meeting on Thursday, May 14, 2026.
- What is the record date for the Netstreit Corp 2026 meeting?
- The record date for the Netstreit Corp 2026 meeting is Tuesday, March 17, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Netstreit Corp's 2026 meeting?
- The board is presenting 7 director nominees at the Netstreit Corp 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Netstreit Corp 2026 meeting?
- Shareholders will vote on 4 proposals at the Netstreit Corp 2026 meeting, each tagged with who proposed it and the board's recommendation.
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