NETSTREIT Corp. Files Routine 8-K on Jan 24, 2024
Ticker: NTST · Form: 8-K · Filed: Jan 24, 2024 · CIK: 1798100
Complexity: simple
Sentiment: neutral
Topics: administrative, compliance, 8-K
TL;DR
**NETSTREIT filed a standard 8-K, no major news for investors.**
AI Summary
NETSTREIT Corp. filed an 8-K on January 24, 2024, to report "Other Events" and "Financial Statements and Exhibits." This filing primarily serves to update administrative information, such as confirming its status as a Maryland corporation with its principal executive offices at 2021 McKinney Avenue, Suite 1150, Dallas, Texas 75201. For investors, this filing is largely procedural and doesn't disclose new financial performance or strategic changes, meaning it has minimal immediate impact on the stock's valuation or future prospects.
Why It Matters
This 8-K filing is largely administrative, confirming basic company information and compliance, and does not contain new material financial or operational news that would typically move the stock.
Risk Assessment
Risk Level: low — This filing is purely administrative and does not introduce any new financial or operational risks to the company.
Analyst Insight
Investors should note this filing is administrative and does not contain new material information, so no immediate action is warranted based on this specific 8-K.
Key Numbers
- 2024-01-24 — Date of earliest event reported (The date the event described in the 8-K occurred.)
- 001-39443 — Commission File Number (The SEC file number for NETSTREIT Corp.)
- 84-3356606 — IRS Employer Identification No. (The IRS number for NETSTREIT Corp.)
- $0.01 — par value per share (The par value of NETSTREIT Corp.'s Common Stock.)
Key Players & Entities
- NETSTREIT Corp. (company) — the registrant filing the 8-K
- Maryland (company) — state of incorporation for NETSTREIT Corp.
- 2021 McKinney Avenue, Suite 1150, Dallas, Texas 75201 (company) — principal executive offices of NETSTREIT Corp.
- 001-39443 (dollar_amount) — Commission File Number for NETSTREIT Corp.
- 84-3356606 (dollar_amount) — IRS Employer Identification No. for NETSTREIT Corp.
Forward-Looking Statements
- NETSTREIT Corp. will continue to file routine administrative 8-K forms without significant market impact. (NETSTREIT Corp.) — high confidence, target: 2024-12-31
FAQ
What is the purpose of this 8-K filing by NETSTREIT Corp.?
This 8-K filing by NETSTREIT Corp. is categorized under "Other Events" and "Financial Statements and Exhibits," primarily serving to update administrative information and confirm compliance with SEC regulations as of January 24, 2024.
What is NETSTREIT Corp.'s state of incorporation and principal executive office address?
NETSTREIT Corp. is incorporated in Maryland, and its principal executive offices are located at 2021 McKinney Avenue, Suite 1150, Dallas, Texas 75201.
What is the trading symbol and exchange for NETSTREIT Corp.'s Common Stock?
The trading symbol for NETSTREIT Corp.'s Common Stock is NTST, and it is registered on The New York Stock Exchange.
Does this 8-K indicate that NETSTREIT Corp. is an emerging growth company?
No, the filing indicates with a checkbox (☐) that NETSTREIT Corp. is not an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
What is the par value per share for NETSTREIT Corp.'s Common Stock?
The par value per share for NETSTREIT Corp.'s Common Stock is $0.01.
Filing Stats: 545 words · 2 min read · ~2 pages · Grade level 6.3 · Accepted 2024-01-24 10:25:38
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value per share NTST The New York
- $0.1849 — ions 199A 3/15/2023 3/30/2023 $ 0.2000 $0.1849 $0.0027 $0.0124 $0.2000 $0.0012 $0.1837
- $0.0027 — A 3/15/2023 3/30/2023 $ 0.2000 $0.1849 $0.0027 $0.0124 $0.2000 $0.0012 $0.1837 $0.1849
- $0.0124 — 2023 3/30/2023 $ 0.2000 $0.1849 $0.0027 $0.0124 $0.2000 $0.0012 $0.1837 $0.1849 6/1/20
- $0.2000 — 0/2023 $ 0.2000 $0.1849 $0.0027 $0.0124 $0.2000 $0.0012 $0.1837 $0.1849 6/1/2023 6/15/
- $0.0012 — 0.2000 $0.1849 $0.0027 $0.0124 $0.2000 $0.0012 $0.1837 $0.1849 6/1/2023 6/15/2023 $ 0
- $0.1837 — $0.1849 $0.0027 $0.0124 $0.2000 $0.0012 $0.1837 $0.1849 6/1/2023 6/15/2023 $ 0.2000 $0
- $0.1895 — 37 $0.1849 9/1/2023 9/15/2023 $ 0.2050 $0.1895 $0.0028 $0.0127 $0.2050 $0.0012 $0.1883
- $0.0028 — 49 9/1/2023 9/15/2023 $ 0.2050 $0.1895 $0.0028 $0.0127 $0.2050 $0.0012 $0.1883 $0.1895
- $0.0127 — 2023 9/15/2023 $ 0.2050 $0.1895 $0.0028 $0.0127 $0.2050 $0.0012 $0.1883 $0.1895 12/1/2
- $0.2050 — 5/2023 $ 0.2050 $0.1895 $0.0028 $0.0127 $0.2050 $0.0012 $0.1883 $0.1895 12/1/2023 12/1
- $0.1883 — $0.1895 $0.0028 $0.0127 $0.2050 $0.0012 $0.1883 $0.1895 12/1/2023 12/15/2023 $ 0.2050
Filing Documents
- ntst-20240124.htm (8-K) — 53KB
- 0001798100-24-000004.txt ( ) — 207KB
- ntst-20240124.xsd (EX-101.SCH) — 2KB
- ntst-20240124_def.xml (EX-101.DEF) — 15KB
- ntst-20240124_lab.xml (EX-101.LAB) — 28KB
- ntst-20240124_pre.xml (EX-101.PRE) — 15KB
- ntst-20240124_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events. On January 24, 2024, NETSTREIT Corp. (the "Company") disclosed the 2023 tax treatment of its common stock distributions, as described below. CUSIP: 64119V303 Record Date Payable Date Rate per Share Ordinary Dividends % Total Capital Gain % Non-Dividend Dist. % Total Percent (100%) Qualified Dividends (% of Ordinary Dividends) Section 199A Dividends (% of Ordinary Dividends) Total Qualified & Section 199A (% of Ordinary Dividends) 3/15/2023 3/30/2023 $ 0.2000 92.4380% 1.3588% 6.2032% 100.0000% 0.6562% 99.3438% 100.0000% 6/1/2023 6/15/2023 $ 0.2000 92.4380% 1.3588% 6.2032% 100.0000% 0.6562% 99.3438% 100.0000% 9/1/2023 9/15/2023 $ 0.2050 92.4380% 1.3588% 6.2032% 100.0000% 0.6562% 99.3438% 100.0000% 12/1/2023 12/15/2023 $ 0.2050 92.4380% 1.3588% 6.2032% 100.0000% 0.6562% 99.3438% 100.0000% Record Date Payable Date Rate per Share Ordinary Dividends Total Capital Gain Non-Dividend Distributions Total Qualified Dividend Section 199A Dividends Total Qualified & Sections 199A 3/15/2023 3/30/2023 $ 0.2000 $0.1849 $0.0027 $0.0124 $0.2000 $0.0012 $0.1837 $0.1849 6/1/2023 6/15/2023 $ 0.2000 $0.1849 $0.0027 $0.0124 $0.2000 $0.0012 $0.1837 $0.1849 9/1/2023 9/15/2023 $ 0.2050 $0.1895 $0.0028 $0.0127 $0.2050 $0.0012 $0.1883 $0.1895 12/1/2023 12/15/2023 $ 0.2050 $0.1895 $0.0028 $0.0127 $0.2050 $0.0012 $0.1883 $0.1895
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NETSTREIT Corp. January 24, 2024 /s/ DANIEL DONLAN Date Daniel Donlan Chief Financial Officer and Treasurer (Principal Financial Officer)