Matt McGraner - Feb 20, 2025 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Signature
/s/ Matthew R. McGraner
Stock symbol
NXRT
Transactions as of
Feb 20, 2025
Transactions value $
-$229,986
Form type
4
Date filed
2/24/2025, 04:18 PM
Previous filing
Feb 20, 2025
Next filing
Feb 25, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXRT Common Stock Options Exercise +12.4K +4.72% 276K Feb 20, 2025 Direct F1
transaction NXRT Common Stock Tax liability -$230K -5.88K -2.13% $39.10 270K Feb 20, 2025 Direct
holding NXRT Common Stock 13.1K Feb 20, 2025 By 401(k) plan
holding NXRT Common Stock 17K Feb 20, 2025 By limited liability company F2
holding NXRT Common Stock 109K Feb 20, 2025 By Trust F3

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 -12.4K -100% $0.00 0 Feb 20, 2025 Common Stock 12.4K Direct F1, F4
* 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 These shares are held in a trust. Mr. McGraner is the trustee of the trust. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3 These shares are held by a limited liability company in which Mr. McGraner owns an indirect minority interest. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F4 On February 20, 2020, the reporting person was granted 62,227 restricted stock units which vested one-fifth on February 20, 2021, one-fifth on February 20, 2022, one-fifth on February 20, 2023, one-fifth on February 20, 2024 and one-fifth on February 20, 2025. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

Executive VP and Chief Investment Officer