Equity moves at NexPoint (NREF): officer exercises RSUs and withholds shares for taxes
Rhea-AI Filing Summary
NexPoint Real Estate Finance, Inc. officer Paul Richards reported equity compensation activity involving restricted stock units and related common stock. On February 21, 2026, 4,568 restricted stock units were exercised or converted into 4,568 shares of common stock at a stated price of $0.00 per share. To cover tax obligations, 3,239 common shares were disposed of through a tax-withholding transaction at $14.86 per share. After these transactions, he held 50,160 shares of common stock directly, plus additional 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: 1,329 shares
Net Buy
5 txns
Insider
Richards Paul
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,568 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,568 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,239 | $14.86 | $48K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 50,160 shares (Direct);
Common Stock — 7,498 shares (Indirect, By 401(k) plan.);
Common Stock — 879 shares (Indirect, By IRA.)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Real Estate Finance, Inc.
- F2. On February 21, 2022, the reporting person was granted 18,278 restricted stock units. The restricted stock units vested one-fourth on February 21, 2023, one-fourth on February 21, 2024, one-fourth on February 21, 2025 and one-fourth on February 21, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
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FAQ
What did Paul Richards report in this NexPoint Real Estate Finance (NREF) Form 4?
Paul Richards reported equity compensation activity, including the exercise of 4,568 restricted stock units into common stock and a related tax-withholding disposition of 3,239 common shares. These transactions adjusted both his direct and indirect ownership positions in NREF common stock.
How many NexPoint Real Estate Finance (NREF) RSUs did Paul Richards convert?
Paul Richards exercised or converted 4,568 restricted stock units into an equal number of NexPoint Real Estate Finance common shares. Each restricted stock unit represented a contingent right to receive one share of common stock, with settlement generally occurring within 10 days of vesting.
What is Paul Richards’ direct ownership in NREF after these Form 4 transactions?
Following the reported transactions, Paul Richards directly owned 50,160 shares of NexPoint Real Estate Finance common stock. This figure reflects the effect of both the RSU conversion into common shares and the tax-withholding disposition of a portion of those shares.
What indirect NexPoint Real Estate Finance (NREF) holdings does Paul Richards report?
Paul Richards reports indirect ownership of NREF common stock through retirement accounts. He holds 7,498 shares via a 401(k) plan and 879 shares via an IRA, in addition to his directly held shares disclosed in the same Form 4 filing.
How were the reported NexPoint Real Estate Finance (NREF) RSUs structured and vested?
The RSUs were part of an 18,278-unit grant on February 21, 2022, vesting in four equal annual installments through February 21, 2026. Settlement generally occurs within 10 days of each vesting date and may, at the Compensation Committee’s discretion, be settled in cash.