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Brian Mitts converts RSUs as NexPoint Residential (NYSE: NXRT) withholds shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NexPoint Residential Trust director Brian Mitts reported RSU vesting and related share withholding transactions. On February 17, 2026, 1,989 restricted stock units were converted into 1,989 shares of common stock at $0.00 per share, and 1,088 shares of common stock were withheld at $29.46 per share to cover tax obligations, leaving 53,349 shares directly owned.

On February 18, 2026, 2,214 restricted stock units were converted into 2,214 shares of common stock at $0.00 per share, and 1,317 shares of common stock were withheld at $29.93 per share for taxes, resulting in direct ownership of 54,246 shares of NexPoint Residential Trust common stock.

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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*
Mitts Brian

(Last) (First) (Middle)
300 CRESCENT COURT, SUITE 700

(Street)
DALLAS TX 75201

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/17/2026 M 1,989 A (1) 54,437 D
Common Stock 02/17/2026 F 1,088 D $29.46 53,349 D
Common Stock 02/18/2026 M 2,214 A (1) 55,563 D
Common Stock 02/18/2026 F 1,317 D $29.93 54,246 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) 02/17/2026 M 1,989 (2) (2) Common Stock 1,989 $0 1,989 D
Restricted Stock Units (1) 02/18/2026 M 2,214 (3) (3) Common Stock 2,214 $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 February 17, 2022, the reporting person was granted 9,947 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.
3. On February 18, 2021, the reporting person was granted 11,078 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.
/s/ Paul Richards as attorney-in-fact for Brian Mitts 02/19/2026
** 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.

FAQ

What insider transactions did Brian Mitts report for NXRT?

Brian Mitts reported RSU conversions and related tax share withholdings. On February 17 and 18, 2026, restricted stock units converted into common shares, and portions of those shares were withheld at set prices to satisfy tax liabilities, adjusting his direct NXRT share ownership.

How many NexPoint Residential (NXRT) shares did Mitts acquire through RSU conversions?

Mitts acquired 1,989 NXRT common shares on February 17, 2026 and 2,214 common shares on February 18, 2026 via restricted stock unit conversions, each at $0.00 per share, reflecting equity compensation vesting rather than open-market purchases of NexPoint Residential Trust stock.

How many NXRT shares were withheld for Brian Mitts’ taxes and at what prices?

To cover tax obligations, 1,088 NexPoint Residential Trust common shares were withheld at $29.46 per share on February 17, 2026, and 1,317 shares were withheld at $29.93 per share on February 18, 2026, reducing Mitts’ post-transaction directly held share counts.

What is Brian Mitts’ direct NXRT share ownership after these Form 4 transactions?

After the reported transactions, Brian Mitts directly owns 54,246 shares of NexPoint Residential Trust common stock. This figure reflects RSU conversions adding shares and subsequent tax-withholding dispositions, which slightly reduced the total common shares remaining in his direct ownership account.

Were Brian Mitts’ NXRT transactions open-market buys or tax-related events?

The Form 4 shows RSU conversions and tax-related share dispositions, not open-market trades. Code M entries reflect derivative exercises of restricted stock units, while code F entries indicate shares withheld at specified prices to pay tax liabilities associated with the vesting equity awards.

How do the NXRT restricted stock units reported by Mitts work?

Each restricted stock unit represents a contingent right to receive one NexPoint Residential Trust common share. Footnotes state grants from 2021 and 2022 vest in annual one-fifth installments, with settlement generally within ten days and, at the Compensation Committee’s discretion, possibly paid in cash.
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