NexPoint Residential (NYSE: NXRT) director receives 3,429 shares via RSUs

Rhea-AI Filing Summary

NexPoint Residential Trust director Scott F. Kavanaugh exercised restricted stock units into common shares. On May 22, 2026, 3,429 restricted stock units converted into 3,429 shares of common stock at a stated price of $0.00 per share. These units were originally granted on May 22, 2025 and vested on May 22, 2026. After the settlement, Kavanaugh directly holds 33,792 shares of NexPoint Residential Trust common stock.

Insider Trade Summary

3,429 shares exercised/converted

Mixed 2 txns

Insider KAVANAUGH SCOTT F

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	3,429	$0.00	--
Exercise	Common Stock	3,429	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 33,792 shares (Direct, null)

Footnotes (1)

1. Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc. On May 22, 2025, the reporting person was granted 3,429 restricted stock units which vested on May 22, 2026. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Key Figures

RSUs exercised: 3,429 units Shares acquired: 3,429 shares Post-transaction holdings: 33,792 shares +3 more

6 metrics

RSUs exercised 3,429 units Restricted stock units converting into common stock on May 22, 2026

Shares acquired 3,429 shares Common stock received from RSU conversion on May 22, 2026

Post-transaction holdings 33,792 shares Direct NexPoint Residential Trust common stock held after transaction

Grant date May 22, 2025 Date 3,429 restricted stock units were granted

Vesting date May 22, 2026 Date 3,429 restricted stock units vested

Stated exercise price $0.00 per share Price reported for RSU conversion into common stock

Key Terms

Restricted Stock Units, derivative security, contingent right, Compensation Committee

4 terms

Restricted Stock Units financial

"On May 22, 2025, the reporting person was granted 3,429 restricted stock units which vested on May 22, 2026."

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.

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share of common stock"

Compensation Committee financial

"Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash."

A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KAVANAUGH SCOTT F

(Last) (First) (Middle)

300 CRESCENT COURT, SUITE 700

(Street)

DALLAS TEXAS 75201

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NexPoint Residential Trust, Inc. [ NXRT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/22/2026		M		3,429	A	(1)	33,792	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	05/22/2026		M			3,429	(2)	(2)	Common Stock	3,429	$0	0	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

2. On May 22, 2025, the reporting person was granted 3,429 restricted stock units which vested on May 22, 2026. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

	/s/ Paul Richards, as attorney-in-fact for Scott Kavanaugh	05/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did NXRT director Scott F. Kavanaugh report?

Scott F. Kavanaugh reported exercising restricted stock units into NexPoint Residential Trust common shares. On May 22, 2026, 3,429 restricted stock units converted into 3,429 common shares at a stated price of $0.00 per share, reflecting routine equity compensation settlement.

How many NexPoint Residential Trust (NXRT) shares did Kavanaugh acquire?

Kavanaugh acquired 3,429 shares of NexPoint Residential Trust common stock. These shares came from the exercise of 3,429 restricted stock units that vested on May 22, 2026, rather than an open-market purchase, and were reported at a transaction price of $0.00 per share.

What are the terms of the NXRT restricted stock units exercised by Kavanaugh?

Each restricted stock unit represents a contingent right to receive one NexPoint Residential Trust common share. The 3,429 units were granted on May 22, 2025, vested on May 22, 2026, and settlement generally occurs within 30 days, potentially in cash at the Compensation Committee’s discretion.

How many NXRT shares does Scott F. Kavanaugh hold after this Form 4 transaction?

Following this transaction, Kavanaugh directly holds 33,792 NexPoint Residential Trust common shares. This post-transaction holding figure comes from the Form 4 data and reflects his direct ownership after the 3,429 restricted stock units converted into common stock.

Was Kavanaugh’s NXRT Form 4 a stock purchase or RSU settlement?

The Form 4 reflects settlement of restricted stock units, not an open-market stock purchase. Transaction code “M” shows exercise or conversion of a derivative security, where 3,429 restricted stock units converted into 3,429 NexPoint Residential Trust common shares at a stated price of $0.00 per share.