Real Estate
Netstreit Executive Compensation (FY25)
NTST · Dallas, TX · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Mark Manheimer | Latest say-on-pay support = May 14, 2026 |
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The paid brief on Netstreit
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
Data as of October 22, 2026Latest filing (8-K): May 15, 2026
10 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Velarion Member, one year
167 figures on this page: 162 cited to the filing that reported them, 5 calculated from figures it prints. See the citations
More on Netstreit
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Mark Manheimer: $4,920,747 → $5,165,527 (5.0% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Netstreit's chief executive and what were they paid?
Mark Manheimer, President, Chief Executive Officer and Secretary, received $5,165,527 in total compensation for fiscal 2025. Compared with the $4,920,747 reported for fiscal 2024, Manheimer's total was 5.0% higher.
What was Netstreit's say-on-pay result?
The say-on-pay proposal drew 96.9% support at the meeting held May 14, 2026 for fiscal 2025.
Which companies are in Netstreit's peer group?
The disclosed peer group includes Alexandria Real Estate, CareTrust REIT, EPR Properties, Gaming and Leisure Properties and Global Medical REIT, among others. The 2025 Peer Group includes Agree Realty, Chatham Lodging Trust, Community Healthcare Trust, Essential Properties Realty Trust and Four Corners Property Trust, among others. The additional disclosed peer group names Agree Realty Corporation, Chatham Lodging Trust, Community Healthcare Trust, Inc., Essential Properties Realty Trust, Inc. and Four Corners Property Trust, Inc., among others. Companies named in the Structure Peers include NNN REIT, Inc. and Realty Income Corporation.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Mark Manheimer President Chief Executive Officer and Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Andrew Blocher Former Chief Financial Officer, Treasurer and Secretary Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Lori Wittman Interim Chief Financial Officer and Treasurer Served on an interim basis | ◇ | — | — | — | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Mark Manheimer President Chief Executive Officer and Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Daniel Donlan Chief Financial Officer and Treasurer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Mark Manheimer President Chief Executive Officer and Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Daniel Donlan Chief Financial Officer and Treasurer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Mark Manheimer President, Chief Executive Officer and Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Daniel Donlan Chief Financial Officer and Treasurer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Daniel Donlan | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Daniel Donlan | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Daniel Donlan | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Mark Manheimer | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Mark Manheimer | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Mark Manheimer | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Mark Manheimer | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Daniel Donlan | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Daniel Donlan
Chief Financial Officer and Treasurer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance multiple | ◇ |
| Severance cash amount | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
Mark Manheimer
President, Chief Executive Officer and Secretary · Amended agreement
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Non-compete period | ◇ |
| Non-solicit period | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Lori Wittman Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Michael Christodolou | ◇ | ◇ | — | — | — | — | ◇ |
Matthew Troxell | ◇ | ◇ | — | — | — | — | ◇ |
Robin Zeigler | ◇ | ◇ | — | — | — | — | ◇ |
Todd Minnis | ◇ | ◇ | — | — | — | — | ◇ |
Heidi Everett | ◇ | ◇ | — | — | — | — | ◇ |
Mark Manheimer served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Equity is delivered as restricted stock units.
Stock ownership guideline: The Company has stock ownership guidelines with respect to non-employee directors. See “Compensation Discussion and Analysis — Governance and Other Considerations — Stock Ownership Requirements” for additional information.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Alexandria Real Estate ARE
- CareTrust REIT CTRE
- EPR Properties EPR
- Gaming and Leisure Properties GLPI
- Global Medical REIT symbol not shown
- Global Net Lease GNL
- Healthpeak Properties DOC
- LTC Properties LTC
- LXP Industrial Trust LXP
- Medical Properties Trust MPT
- National Health Investors NHI
- One Liberty Properties OLP
- Postal Realty Trust PSTL
- Sabra Health Care REIT SBRA
- Safehold SAFE
- STAG Industrial STAG
- VICI Properties VICI
2025 Peer Group
- Agree Realty ADC
- Chatham Lodging Trust CLDT
- Community Healthcare Trust CHCT
- Essential Properties Realty Trust EPRT
- Four Corners Property Trust FCPT
- FrontView FREIT FVR
- Getty Realty GTY
- Peakstone Realty Trust PKST
- Plymouth Industrial REIT PLYM
- Retail Opportunity Investments ROIC
- Sila Realty Trust SILA
- Urban Edge Properties UE
Additional disclosed peer group
- Agree Realty Corporation ADC
- Chatham Lodging Trust CLDT
- Community Healthcare Trust, Inc. CHCT
- Essential Properties Realty Trust, Inc. EPRT
- Four Corners Property Trust, Inc. FCPT
- FrontView REIT, Inc. FVR
- Getty Realty Corp. GTY
- Peakstone Realty Trust PKST
- Plymouth Industrial REIT, Inc. PLYM
- Retail Opportunity Investments Corp. ROIC
- Sila Realty Trust, Inc. SILA
- Urban Edge Properties UE
Structure Peers
- NNN REIT, Inc. NNN
- Realty Income Corporation O
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 14, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 15, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 16, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 18, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 19, 2022 | = | ◇ | ◇ | ◇ |
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Sample answer — “What is the CEO’s total compensation?”
- Mark Manheimer (President, Chief Executive Officer and Secretary), FY2025 total compensation $5,165,527 (base salary $700,000) [exec_comp, SEC accession 0001628280-26-022557, filed 2026-04-01]What this page does not include
Everything above is a fact Netstreit disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Netstreit sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
167 figures on this page: 162 cited to the filing that reported them, 5 calculated from figures it prints.
162 cited to the filing
5 calculated from the filing
Documents cited
- 0001628280-26-035678Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001628280-26-022557Grants of Plan-Based Awards · Non-Employee Director Compensation · Outstanding Equity Awards at 2025 Fiscal Year-End · Summary Compensation Table
- 0001798100-25-000079Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-25-029089Compensation Discussion and Analysis · Summary Compensation Table
- 0001104659-24-063056
- 0001104659-24-041411Summary Compensation Table
- 0001798100-23-000052
- 0001104659-23-040882Summary Compensation Table
- 0001798100-22-000076
- 0001798100-22-000014Employment Agreement
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Netstreit executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/NTST (accessed 2026).
Short form: data: Velarion
The paid brief for Netstreit
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
10 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Real Estate rankings
Peers Netstreit discloses
The companies named in NTST's own disclosed peer group.
Alexandria Real EstateCareTrust REITEPR PropertiesGaming and Leisure PropertiesGlobal Net LeaseHealthpeak PropertiesLTC PropertiesLXP Industrial TrustMedical Properties TrustNational Health InvestorsOne Liberty PropertiesPostal Realty TrustSabra Health Care REITSafeholdSTAG IndustrialVICI PropertiesAgree RealtyChatham Lodging TrustCommunity Healthcare TrustEssential Properties Realty TrustFour Corners Property TrustFrontView FREITGetty RealtyPeakstone Realty Trust
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}