NexPoint Residential director granted 4,800 RSUs
KAVANAUGH SCOTT F reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
KAVANAUGH SCOTT F reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Residential Trust director Scott F. Kavanaugh received a grant of 4,800 restricted stock units on April 2, 2026. These RSUs are a form of equity compensation, not an open-market stock purchase or sale, and represent contingent rights to common shares.
The 4,800 RSUs will vest on April 2, 2027, and settlement is expected to occur within 30 days after vesting. The Compensation Committee may choose to settle the award in either shares of common stock or cash. Following this grant, Kavanaugh holds 4,800 RSUs directly.
Positive
- None.
Negative
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Insider Trade Summary
Grant/Award: 4,800 shares
Grant/Award
1 txn
Insider
KAVANAUGH SCOTT F
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)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
- 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
Grant price per RSU: $0.00
Vesting date: April 2, 2027
+2 more
5 metrics
RSUs granted
4,800 units
Award to director on April 2, 2026
Grant price per RSU
$0.00
Equity compensation, not an open-market purchase
Vesting date
April 2, 2027
RSUs vest one year after grant
Settlement window
Within 30 days
Settlement period after vesting of RSUs
RSUs held after grant
4,800 units
Total restricted stock units directly held post-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?
NexPoint Residential Trust reported that director Scott F. Kavanaugh received 4,800 restricted stock units as an equity award. The grant occurred on April 2, 2026 and represents contingent rights to receive an equal number of common shares, subject to future vesting conditions.
When do Scott F. Kavanaugh’s 4,800 NexPoint (NXRT) RSUs vest?
The 4,800 restricted stock units granted to director Scott F. Kavanaugh vest on April 2, 2027. Vesting means he becomes entitled to settlement of the award, which is expected to occur within 30 days after that date, subject to the company’s standard compensation terms.
How will the 4,800 NexPoint (NXRT) restricted stock units be settled?
After vesting, the 4,800 restricted stock units will generally be settled within 30 days. Settlement may be in shares of NexPoint Residential Trust common stock or in cash, at the discretion of the Compensation Committee, providing flexibility in how the award is ultimately delivered.
Is the 4,800-unit NexPoint (NXRT) RSU grant an open-market stock purchase?
No, the 4,800-unit grant is not an open-market purchase. It is a compensation-related award of restricted stock units, given at a grant price of $0.00 per unit, representing contingent rights to receive common shares or cash after vesting, rather than a cash stock transaction.
How many NexPoint (NXRT) RSUs does Scott F. Kavanaugh hold after this grant?
After this grant, Scott F. Kavanaugh holds 4,800 restricted stock units directly. Each unit represents a contingent right to receive one share of NexPoint Residential Trust common stock or an equivalent cash amount, subject to the vesting date and the company’s settlement decisions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
