Executive at NexPoint Residential (NYSE: NXRT) awarded 123,900 RSUs

Rhea-AI Filing Summary

McGraner Matt reported acquisition or exercise transactions in this Form 4 filing.

NexPoint Residential Trust executive Matt McGraner received a compensation grant of 123,900 restricted stock units (RSUs). Each RSU represents the right to receive one share of NexPoint Residential Trust, Inc. common stock. This is an equity award, not an open-market stock purchase or sale.

The RSUs vest over time: one-fifth on April 2, 2027, one-fifth on February 15, 2028, one-fifth on February 15, 2029 and two-fifths on February 15, 2030. Settlement will generally occur within 10 days after each vesting date and, at the Compensation Committee’s discretion, may be paid in cash instead of shares.

Insider Trade Summary

123,900 shares exercised/converted

Mixed 1 txn

Insider McGraner Matt

Role See Remarks

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	123,900	$0.00	--

Holdings After Transaction: Restricted Stock Units — 123,900 shares (Direct)

Footnotes (1)

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 123,900 restricted stock units. The restricted stock units will vest one-fifth on April 2, 2027, one-fifth on February 15, 2028, one-fifth on February 15, 2029 and two-fifths on February 15, 2030. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Key Figures

RSU grant size: 123,900 units First vesting date: April 2, 2027 Final vesting date: February 15, 2030

3 metrics

RSU grant size 123,900 units Restricted stock units granted on April 2, 2026

First vesting date April 2, 2027 One-fifth of RSUs scheduled to vest

Final vesting date February 15, 2030 Two-fifths of RSUs scheduled to vest

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"

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 restricted stock units will vest one-fifth 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 10 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.

Form 4 Insider Transactions: What Each Field Means →

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)
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		M		123,900		(2)	(2)	Common Stock	123,900	$0	123,900	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 123,900 restricted stock units. The restricted stock units will vest one-fifth on April 2, 2027, one-fifth on February 15, 2028, one-fifth on February 15, 2029 and two-fifths on February 15, 2030. 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	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)

FAQ

What insider transaction did NexPoint Residential Trust (NXRT) report for Matt McGraner?

Matt McGraner received 123,900 restricted stock units (RSUs) as an equity award from NexPoint Residential Trust. These RSUs are a form of compensation and represent rights to receive common shares over time, rather than an immediate open-market stock purchase or sale.

How do the 123,900 RSUs for NXRT’s Matt McGraner vest over time?

The 123,900 RSUs vest in four stages: one-fifth on April 2, 2027, one-fifth on February 15, 2028, one-fifth on February 15, 2029, and the remaining two-fifths on February 15, 2030, aligning the award with multi‑year service.

Does NexPoint Residential Trust (NXRT) have to settle Matt McGraner’s RSUs in shares?

No. While each RSU represents one NXRT common share, settlement may be in cash. The footnote states settlement generally occurs within 10 days of vesting and may, at the Compensation Committee’s discretion, be paid in cash instead of stock.

Is the 123,900 RSU grant to NXRT’s Matt McGraner a market transaction?

No. The filing describes a compensation-related RSU grant, not a market trade. McGraner did not buy or sell shares on the open market; he received restricted stock units that will convert into value only as they vest over future dates.

What does each restricted stock unit (RSU) represent for NexPoint Residential Trust (NXRT)?

Each RSU represents a contingent right to receive one share of NexPoint Residential Trust common stock. The units only deliver value when they vest and are settled, either in shares or, if the Compensation Committee chooses, in cash.