Paul Richards - 17 Feb 2025 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role
Chief Financial Officer, Executive VP-Finance, Treasurer and Assistant Secretary
Signature
/s/ Matt McGraner, as attorney-in-fact for Paul Richards
Issuer symbol
NXRT
Transactions as of
17 Feb 2025
Transactions value $
-$23,532
Form type
4
Filing time
20 Feb 2025, 17:50:31 UTC
Previous filing
19 Feb 2025
Next filing
24 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXRT Common Stock Options Exercise +455 +4.29% 11,069 17 Feb 2025 Direct F1
transaction NXRT Common Stock Tax liability -$9,196 -229 -2.07% $40.16 10,840 17 Feb 2025 Direct
transaction NXRT Common Stock Options Exercise +694 +6.4% 11,534 18 Feb 2025 Direct F1
transaction NXRT Common Stock Tax liability -$14,335 -361 -3.13% $39.71 11,173 18 Feb 2025 Direct
holding NXRT Common Stock 3,788 17 Feb 2025 By 401(k) plan.

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NXRT Restricted Stock Units Options Exercise $0 -455 -33.36% $0 909 17 Feb 2025 Common Stock 455 Direct F1, F2
transaction NXRT Restricted Stock Units Options Exercise $0 -694 -50.07% $0 692 18 Feb 2025 Common Stock 694 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
F2 On February 17, 2022, the reporting person was granted 2,274 restricted stock units, which vested one-fifth on February 17, 2023, one-fifth on February 17, 2024, one-fifth on February 17, 2025, and which will vest one-fifth on February 17, 2026 and one-fifth on February 17, 2027. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
F3 On February 18, 2021, the reporting person was granted 3,468 restricted stock units, which vested one-fifth on February 18, 2022, one-fifth on February 18, 2023, one-fifth on February 18, 2024, and one-fifth on February 18, 2025, and which will vest one-fifth on February 18, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

Chief Financial Officer, Executive VP-Finance, Treasurer and Assistant Secretary