RSU grants and tax withholding for NexPoint (NYSE: NREF) officer
Rhea-AI Filing Summary
NexPoint Real Estate Finance, Inc. officer Paul Richards reported compensation-related stock activity. On April 2, 2026, he was granted 61,347 restricted stock units (RSUs), each representing a right to receive one share of common stock. These RSUs vest in four installments through February 15, 2030.
On April 3, 2026 and April 4, 2026, previously granted RSUs vested and were exercised into 15,087 and 6,894 shares of common stock. To cover tax obligations, the company withheld 6,825 shares and 4,044 shares at $13.36 per share rather than selling stock in the market. Following these transactions, Richards directly owns 65,692 common shares, plus indirect holdings of 7,498 shares through a 401(k) plan and 879 shares through an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 11,112 shares
Net Buy
9 txns
Insider
Richards Paul
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,894 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,894 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,044 | $13.36 | $54K |
| Exercise | Restricted Stock Units | 15,087 | $0.00 | $0.00 |
| Exercise | Common Stock | 15,087 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,825 | $13.36 | $91K |
| Grant/Award | Restricted Stock Units | 61,347 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 113,499 shares (Direct);
Common Stock — 65,692 shares (Direct);
Common Stock — 7,498 shares (Indirect, By 401(k) plan.);
Common Stock — 879 shares (Indirect, By IRA.)
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Real Estate Finance, Inc.
- F2. On April 2, 2026, the reporting person was granted 61,347 restricted stock units. The restricted stock units vest one-fourth on April 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029 and one-fourth on February 15, 2030. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
- F3. On April 3, 2025, the reporting person was granted 60,345 restricted stock units. The restricted stock units vested one-fourth on April 3, 2026 and will vest one-fourth on February 15, 2027, one-fourth on February 15, 2028 and one-fourth on February 15, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
- F4. On April 4, 2023, the reporting person was granted 27,578 restricted stock units. The restricted stock units vested one-fourth on April 4, 2024, one-fourth on April 4, 2025 and one-fourth on April 4, 2026 and will vest one-fourth on April 4, 2027. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
Key Figures
RSU grant: 61,347 RSUs
RSUs exercised (April 3, 2026): 15,087 shares
RSUs exercised (April 4, 2026): 6,894 shares
+5 more
8 metrics
RSU grant
61,347 RSUs
Granted on April 2, 2026
RSUs exercised (April 3, 2026)
15,087 shares
RSUs converted into common stock
RSUs exercised (April 4, 2026)
6,894 shares
RSUs converted into common stock
Shares withheld for taxes (1)
6,825 shares
Tax withholding at $13.36 per share on April 3, 2026
Shares withheld for taxes (2)
4,044 shares
Tax withholding at $13.36 per share on April 4, 2026
Direct common shares
65,692 shares
Direct ownership after transactions
401(k) indirect shares
7,498 shares
Indirect ownership by 401(k) plan
IRA indirect shares
879 shares
Indirect ownership by IRA
Key Terms
Restricted Stock Units, tax-withholding disposition, 401(k) plan, IRA, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
401(k) plan financial
"Common Stock, nature_of_ownership: By 401(k) plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
IRA financial
"Common Stock, nature_of_ownership: By IRA."
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
grant, award, or other acquisition financial
"Grant, award, or other acquisition"
FAQ
What did NexPoint (NREF) officer Paul Richards report in this Form 4?
He reported a grant of 61,347 restricted stock units and the vesting and settlement of earlier RSU awards into common shares. Some shares were withheld to cover taxes, and his direct and indirect share holdings were updated.
How many restricted stock units did Paul Richards receive from NexPoint (NREF)?
He received 61,347 restricted stock units. Each unit represents a contingent right to one NexPoint Real Estate Finance common share, vesting in four installments between April 2027 and February 2030, subject to the award’s stated vesting schedule.
When do Paul Richards’ new NexPoint (NREF) RSUs vest?
The 61,347 RSUs vest one-fourth on April 2, 2027, then one-fourth on February 15, 2028, February 15, 2029, and February 15, 2030. Settlement generally occurs within 10 days of each vesting date, in shares or potentially cash.
How many NexPoint (NREF) RSUs did Paul Richards convert into common stock?
He exercised 15,087 RSUs and 6,894 RSUs into an equal number of NexPoint common shares on April 3, 2026 and April 4, 2026. These transactions reflected scheduled settlements of previously granted restricted stock unit awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
