NexPoint Residential director granted 4,800 RSUs

Swain Carol reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Swain Carol reported acquisition or exercise transactions in this Form 4 filing.

NexPoint Residential Trust, Inc. director Carol Swain received a grant of 4,800 restricted stock units on April 2, 2026 as equity compensation. Each unit represents a contingent right to one share of common stock, vesting on April 2, 2027. Settlement will generally occur within 30 days after vesting and may, at the Compensation Committee’s discretion, be made in cash instead of shares. After this grant, Swain holds 4,800 restricted stock units directly, reflecting a routine compensation-related award rather than an open-market stock purchase or sale.

Insider Trade Summary

Grant/Award: 4,800 shares

Grant/Award 1 txn

Insider Swain Carol

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	4,800	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 4,800 contracts (Direct)

Footnotes (2)

1. F1. Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
2. F2. 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 Exercise/issue price: $0.00 per unit Underlying shares: 4,800 shares +3 more

6 metrics

RSUs granted 4,800 units Grant on April 2, 2026 to director Carol Swain

Exercise/issue price $0.00 per unit Compensation-related RSU award, no purchase price

Underlying shares 4,800 shares Each RSU represents one share of common stock

Vesting date April 2, 2027 RSUs granted April 2, 2026 vest after one year

Settlement window Within 30 days Settlement generally occurs within 30 days after vesting

Post-grant RSU holdings 4,800 units Total restricted stock units held directly after transaction

Key Terms

Restricted Stock Units, vest, Settlement, Compensation Committee

4 terms

Restricted Stock Units financial

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

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.

vest financial

"the reporting person was granted 4,800 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 and may at the discretion of the Compensation Committee be settled in cash"

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did NexPoint Residential Trust (NXRT) report for Carol Swain?

NexPoint Residential Trust reported that director Carol Swain received a grant of 4,800 restricted stock units on April 2, 2026. These units are compensation-related awards, not open-market trades, and give her a contingent right to receive common shares in the future.

How many NexPoint Residential Trust (NXRT) restricted stock units were granted to Carol Swain?

Carol Swain was granted 4,800 restricted stock units. Each unit represents a contingent right to receive one share of NexPoint Residential Trust common stock, subject to vesting conditions and settlement terms determined by the company’s Compensation Committee.

When do Carol Swain’s NexPoint Residential Trust (NXRT) RSUs vest?

The 4,800 restricted stock units granted to Carol Swain vest on April 2, 2027. Vesting means she satisfies the service requirement, after which the units can be settled into shares or cash, generally within 30 days of that vesting date.

Will Carol Swain’s NexPoint Residential Trust (NXRT) RSUs be settled in shares or cash?

The RSUs will generally be settled within 30 days after vesting and may be settled in cash at the Compensation Committee’s discretion. Otherwise, each restricted stock unit represents a right to receive one share of NexPoint Residential Trust common stock.

Is Carol Swain’s NexPoint Residential Trust (NXRT) Form 4 transaction a stock purchase or sale?

No. The Form 4 shows a grant of 4,800 restricted stock units as compensation, coded as an acquisition (A). This is not an open-market stock purchase or sale, but a routine equity award granted by the company to a director.

How many NexPoint Residential Trust (NXRT) restricted stock units does Carol Swain hold after this grant?

Following the April 2, 2026 grant, Carol Swain holds 4,800 restricted stock units directly. This reflects her full visible RSU position in this filing, with no additional derivative holdings disclosed in the derivative summary section.

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

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Accepted by SEC EDGAR 04/06/2026 - 07:57 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^*

Swain Carol

(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)
04/02/2026

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

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)	04/02/2026		A		4,800		(2)	(2)	Common Stock	4,800	$0	4,800	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 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.

	/s/ Paul Richards, as attorney-in-fact for Carol Swain	04/06/2026
	** 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)