NexPoint Residential (NYSE: NXRT) CIO converts 19,577 RSUs, disposes of 8,242 shares

Rhea-AI Filing Summary

NexPoint Residential Trust, Inc. officer Matt McGraner reported equity compensation activity and updated holdings in Common Stock. He exercised 19577 Restricted Stock Units into an equal number of common shares and 8242 shares were disposed of to cover tax obligations at $29.7400 per share, a non‑market tax-withholding event.

Following these transactions, he held 359066.6000 common shares directly and had additional indirect holdings, including 108630.2500 shares held by a trust, 16986.0000 shares held by a limited liability company, and 13053.9400 shares held through a 401(k) plan, with beneficial ownership disclaimed except for his pecuniary interest. The RSUs stem from a 97883-unit grant on April 22, 2025 that vests in stages through February 15, 2029 and may be settled in stock or cash within 10 days of vesting.

Insights

Equity compensation analyst

Routine RSU vesting, tax withholding, and updated holdings

The filing shows Matt McGraner converting 19577 Restricted Stock Units into common shares and using 8242 shares for tax withholding at $29.7400. This pattern is typical for equity compensation and does not represent an open-market purchase or sale.

After the transactions, he directly holds 359066.6000 common shares and has additional indirect interests via a trust, a limited liability company, and a 401(k) plan, while disclaiming beneficial ownership beyond his pecuniary interest. The original 97883-unit RSU grant vests in tranches through February 15, 2029, with settlement generally within 10 days and potentially in cash, so future vesting events may appear in later filings.

Insider Trade Summary

Net Buyer: 11,335 shares

Net Buy 6 txns

Insider McGraner Matt

Role See Remarks

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	19,577	$0.00	$0.00
Exercise	Common Stock	19,577	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	8,242	$29.74	$245K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 78,306 shares (Direct); Common Stock — 350,824.6 shares (Direct); Common Stock — 13,053.94 shares (Indirect, By 401(k) plan); Common Stock — 16,986 shares (Indirect, By limited liability company); Common Stock — 108,630.25 shares (Indirect, By Trust)

Footnotes (4)

1. F1. Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
2. F2. 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.
3. F3. 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.
4. F4. On April 22, 2025, the reporting person was granted 97,883 restricted stock units which vested one-fifth on April 22, 2026 and which will vest one-fifth on February 15, 2027, one-fifth on February 15, 2028 and two-fifths on February 15, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Key Figures

RSUs exercised: 19577 shares Tax-withholding shares: 8242 shares at $29.7400 Direct common shares after transactions: 359066.6000 shares +4 more

7 metrics

RSUs exercised 19577 shares Restricted Stock Units converted to common stock on 2026-05-22

Tax-withholding shares 8242 shares at $29.7400 Shares delivered to satisfy tax liability on 2026-05-22

Direct common shares after transactions 359066.6000 shares Direct ownership following 2026-05-22 transactions

Trust-held shares 108630.2500 shares Indirect ownership by trust, with pecuniary interest only

LLC-held shares 16986.0000 shares Indirect ownership via limited liability company

401(k) plan shares 13053.9400 shares Indirect ownership through 401(k) plan

Original RSU grant 97883 units Grant on 2025-04-22 vesting through 2029-02-15

Key Terms

Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, pecuniary interest, +1 more

5 terms

Restricted Stock Units financial

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

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.

tax-withholding disposition financial

"Payment of exercise price or tax liability by delivering securities"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

derivative exercise/conversion financial

"Exercise or conversion of derivative security"

pecuniary interest financial

"Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein."

beneficial ownership financial

"Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein."

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/27/2026 - 09:48 PM Learn about SEC filing dates

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^*

McGraner Matt

(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)

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

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		19,577	A	(1)	359,066.6	D
Common Stock	05/22/2026		F		8,242	D	$29.74	350,824.6	D
Common Stock								13,053.94	I	By 401(k) plan
Common Stock								16,986(2)	I	By limited liability company
Common Stock								108,630.25(3)	I	By Trust

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			19,577	(4)	(4)	Common Stock	19,577	$0	78,306	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. 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.

3. 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.

4. On April 22, 2025, the reporting person was granted 97,883 restricted stock units which vested one-fifth on April 22, 2026 and which will vest one-fifth on February 15, 2027, one-fifth on February 15, 2028 and two-fifths on February 15, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

Executive VP and Chief Investment Officer

	/s/ Paul Richards as attorney-in-fact for Matthew R. McGraner	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)