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NexPoint Residential officer proposes $263K share sale

The shares were acquired through restricted stock unit vesting between February 21, 2023, and March 13, 2026.

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Form Type
144

Rhea-AI Filing Summary

NexPoint Residential Trust, Inc. (NXRT) officer Brian Mitts reported a proposed sale of 15,000 common shares, with an aggregate market value of $262,950 and an approximate sale date of November 5, 2026. J.P. Morgan Securities LLC is listed as the broker. The shares were acquired through restricted stock unit vesting during the period from February 21, 2023, through March 13, 2026.

Shares proposed for sale 15,000 common shares Brian Mitts's proposed sale
Aggregate market value $262,950 Proposed sale
Shares outstanding 25,549,813 shares Issuer share-count field
Approximate sale date November 5, 2026 Proposed sale
restricted stock units financial
"acquired upon the vesting of restricted stock units"
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.
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
attorney-in-fact technical
"as agent and attorney-in-fact for Brian Mitts"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many NXRT shares did Brian Mitts report for sale?

Brian Mitts reported a proposed sale of 15,000 NXRT common shares, with an aggregate market value of $262,950 and an approximate sale date of November 5, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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