NexPoint Residential (NYSE: NXRT) officer adds 1,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NexPoint Residential Trust, Inc. officer Matt McGraner reported an open-market purchase of 1,000 shares of Common Stock at $26.14 per share. After this buy, he directly owns 316,821 common shares.
He also reports indirect holdings of 13,053.94 shares through a 401(k) plan, 16,986 shares through a limited liability company, and 108,630.25 shares held in a trust. For the LLC and trust positions, he disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares ($26,140)
Net Buy
4 txns
Insider
McGraner Matt
Role
See Remarks
Bought
1,000 shs ($26K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $26.14 | $26K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 316,821 shares (Direct);
Common Stock — 13,053.94 shares (Indirect, By 401(k) plan)
Footnotes (1)
- 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. 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.
FAQ
What insider transaction did NXRT officer Matt McGraner report?
Matt McGraner reported buying 1,000 NXRT shares. He purchased Common Stock of NexPoint Residential Trust at $26.14 per share in an open-market transaction, increasing his direct ownership position disclosed in this Form 4 filing.
What indirect NXRT holdings does Matt McGraner report in this Form 4?
McGraner reports three categories of indirect holdings. These include 13,053.94 shares via a 401(k) plan, 16,986 shares through a limited liability company, and 108,630.25 shares held in a trust associated with him.
Was the NXRT insider transaction a purchase or sale?
The reported NXRT insider transaction was a purchase. The Form 4 lists a transaction code P, described as an open-market or private purchase of 1,000 shares of NexPoint Residential Trust Common Stock at $26.14 per share.
Are there any derivative securities involved in this NXRT Form 4 filing?
No derivative securities are shown in this filing. The insider report covers Common Stock transactions and holdings only, and the derivative position summary section is empty in the provided data.