NexPoint Residential Trust (NYSE: NXRT) insider plans NYSE stock sales under Rule 144
Rhea-AI Filing Summary
NexPoint Residential Trust insider plans NYSE stock sales under Rule 144. A holder of NXRT common stock filed a Form 144 notice to sell shares through Charles Schwab & Co. Inc. and J.P. Morgan Securities LLC, with both trades expected around 12/12/2025 on the NYSE.
The securities to be sold include 23,918 shares of common stock acquired on 04/01/2015 through purchases in a 401(k) plan for cash, as well as multiple blocks of stock received via RSU vesting from the issuer in 2024 and 2025. The filing also discloses that the same seller previously sold 5,000 shares of NXRT common stock on 10/31/2025 for gross proceeds of $152,600.00.
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FAQ
What does NexPoint Residential Trust (NXRT) disclose in this Form 144 filing?
The filing shows that a holder of NXRT common stock has given notice of intent to sell shares under Rule 144, using Charles Schwab & Co. Inc. and J.P. Morgan Securities LLC as brokers for NYSE sales expected around 12/12/2025.
How many NexPoint Residential Trust (NXRT) shares are indicated for sale and through which brokers?
The notice lists 23,918 shares of NXRT common stock to be sold through Charles Schwab & Co. Inc. with an aggregate market value of $713,952.30, and 8,452 shares through J.P. Morgan Securities LLC with an aggregate market value of $252,292.20, both on the NYSE with an approximate sale date of 12/12/2025.
How were the NexPoint Residential Trust (NXRT) shares being sold originally acquired?
The filing states that 23,918 shares were acquired on 04/01/2015 through purchases of issuer securities through a 401(k) plan for cash. Additional common shares were obtained via RSU vesting from the issuer on 02/17/2024, 03/13/2024, 03/13/2025, and 03/28/2025, with grants of 1,338, 2,773, 2,136, and 2,205 shares respectively, recorded as compensation.
What prior sales of NexPoint Residential Trust (NXRT) stock does the Form 144 report?
The document reports that Brian Mitts, at a Dallas, Texas address, sold 5,000 shares of NXRT common stock on 10/31/2025, generating gross proceeds of $152,600.00.
What representation does the seller make about NexPoint Residential Trust (NXRT) in this Form 144?
By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information about the current or prospective operations of NexPoint Residential Trust that has not been publicly disclosed.
What is the outstanding share count referenced for NexPoint Residential Trust (NXRT)?
For each planned sale line, the filing references 25,364,470 NXRT common shares outstanding, providing a baseline for the company’s equity as of the time of the notice.