Director at NexPoint Residential Trust (NXRT) granted 4,800 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Constantino Edward N. reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Residential Trust director Edward N. Constantino received a grant of 4,800 restricted stock units. Each unit represents a contingent right to receive one share of NexPoint Residential Trust common stock. The units were granted on April 2, 2026 and are scheduled to vest on April 2, 2027.
Settlement will generally occur within 30 days after vesting and, at the discretion of the Compensation Committee, may be settled in either shares of common stock or cash. Following this grant, Constantino holds 4,800 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Constantino Edward N.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,800 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 4,800 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc. On April 2, 2026, the reporting person was granted 4,800 restricted stock units which will vest on April 2, 2027. 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 granted: 4,800 units
RSU-to-share ratio: 1 unit : 1 share
Vesting date: April 2, 2027
+1 more
4 metrics
RSUs granted
4,800 units
Grant to director on April 2, 2026
RSU-to-share ratio
1 unit : 1 share
Each RSU equals one share of common stock
Vesting date
April 2, 2027
Scheduled vesting for 4,800 restricted stock units
Settlement window
Within 30 days
Settlement period after RSUs vest
Key Terms
Restricted Stock Units, contingent right, vest, settlement, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
contingent right financial
"represents a contingent right to receive one share of common stock"
vest financial
"restricted stock units which will vest on April 2, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
settlement financial
"Settlement will generally occur within 30 days of vesting"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
Compensation Committee financial
"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.
FAQ
What insider transaction did NexPoint Residential Trust (NXRT) report for Edward N. Constantino?
NexPoint Residential Trust reported that director Edward N. Constantino received 4,800 restricted stock units. These were granted on April 2, 2026 and give him a contingent right to receive an equal number of common shares, subject to future vesting and settlement conditions.
How many restricted stock units were granted to the NexPoint Residential Trust (NXRT) director?
Edward N. Constantino was granted 4,800 restricted stock units. Each unit represents a contingent right to receive one share of NexPoint Residential Trust common stock, giving him equity-linked compensation tied to the company’s share value once the units vest and are settled.
When do Edward N. Constantino’s NexPoint Residential Trust (NXRT) restricted stock units vest?
The 4,800 restricted stock units granted to Edward N. Constantino vest on April 2, 2027. After that date, settlement generally occurs within 30 days, subject to the Compensation Committee’s discretion regarding whether settlement is made in shares or cash.
Can NexPoint Residential Trust (NXRT) settle these restricted stock units in cash instead of shares?
Yes. Settlement of Edward N. Constantino’s 4,800 restricted stock units may, at the discretion of the Compensation Committee, be made in cash. Otherwise, each vested unit represents a contingent right to receive one share of NexPoint Residential Trust common stock upon settlement.
What does each restricted stock unit granted by NexPoint Residential Trust (NXRT) represent?
Each restricted stock unit represents a contingent right to receive one share of NexPoint Residential Trust common stock. This means the director only receives value once the units vest and are settled, aligning his compensation with the company’s future share performance.
How many restricted stock units does Edward N. Constantino hold after this NexPoint Residential Trust (NXRT) grant?
After the April 2, 2026 grant, Edward N. Constantino holds 4,800 restricted stock units directly. These units are scheduled to vest on April 2, 2027, with settlement generally within 30 days in either stock or cash, as determined by the Compensation Committee.