RSU vesting boosts NexPoint Residential (NYSE: NXRT) executive share stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NexPoint Residential Trust executive Matt McGraner reported multiple restricted stock unit (RSU) vesting and related share transactions. On February 17, 2026, 8,810 RSUs converted into 8,810 shares of common stock at $0.00 per share, and 2,978 shares were disposed of at $29.46 per share to cover tax obligations.
On February 18, 2026, 15,182 RSUs converted into 15,182 shares at $0.00 per share, with 4,764 shares disposed of at $29.93 per share for tax withholding. After these direct transactions, he held 312,821 shares directly, plus indirect holdings through a 401(k) plan, a limited liability company, and a trust where he disclaims beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
23,992 shares exercised/converted
Mixed
9 txns
Insider
McGraner Matt
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 15,182 | $0.00 | -- |
| Exercise | Common Stock | 15,182 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,764 | $29.93 | $143K |
| Exercise | Restricted Stock Units | 8,810 | $0.00 | -- |
| Exercise | Common Stock | 8,810 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,978 | $29.46 | $88K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 317,585 shares (Direct);
Common Stock — 13,053.94 shares (Indirect, By 401(k) plan)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc. These shares are held in a trust. Mr. McGraner is the trustee of the trust. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. These shares are held by a limited liability company in which Mr. McGraner owns an indirect minority interest. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. On February 17, 2022, the reporting person was granted 44,051 restricted stock units which vested one-fifth on February 17, 2023, one-fifth on February 17, 2024, one-fifth on February 17, 2025, one-fifth on February 17, 2026, and which will vest one-fifth on February 17, 2027. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash. On February 18, 2021, the reporting person was granted 75,911 restricted stock units, which vested one-fifth on February 18, 2022, one-fifth on February 18, 2023, one-fifth on February 18, 2024, one-fifth on February 18, 2025, and one-fifth on February 18, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
