NexPoint Residential president exercises 19,577 RSUs
NexPoint Residential Trust, Inc. director, president and 10% owner James D. Dondero reported an equity compensation transaction involving restricted stock units.
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Form Type
4
Rhea-AI Filing Summary
NexPoint Residential Trust, Inc. director, president and 10% owner James D. Dondero reported an equity compensation transaction involving restricted stock units. On May 22, 2026, he exercised 19,577 restricted stock units, receiving the same number of common shares at a stated price of $0.00 per share. Following this exercise, he directly holds 732,285 shares of common stock. Additional common shares are reported as held indirectly through a 401(k), funds, and trusts, and several footnotes state that Mr. Dondero disclaims beneficial ownership of those indirect holdings except to the extent of his pecuniary interest.
Insider Trade Summary
19,577 shares exercised/converted
Exercise
8 txns
Insider
DONDERO JAMES D
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 19,577 | $0.00 | $0.00 |
| Exercise | Common Stock | 19,577 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 78,306 contracts (Direct);
Common Stock — 732,285 shares (Direct);
Common Stock — 1,335,251 shares (Indirect, By trust);
Common Stock — 161,970 shares (Indirect, By NexPoint Advisors, L.P.);
Common Stock — 1,281,448 shares (Indirect, See Footnote);
Common Stock — 44,104.143 shares (Indirect, By 401(k))
Footnotes (8)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
- F2. Includes shares acquired under a dividend reinvestment plan.
- F3. These shares are held by a trust. Mr. Dondero disclaims beneficial ownership of such shares.
- F4. 36,822 shares are held by NexPoint Real Estate Strategies Fund, 101,739 shares are held by NexPoint Diversified Real Estate Trust and 23,409 shares are held by NexPoint Capital, Inc. These entities are managed by NexPoint Advisors, L.P. ("NP"). Mr. Dondero is the sole member of NP's general partner, and may be deemed to be an indirect beneficial owner of shares held by NP. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F5. 213,700 shares are held by Highland Opportunities and Income Fund and 195,363 shares are held by Highland Global Allocation Fund. These entities are managed by NexPoint Asset Management, L.P., which is ultimately controlled by Mr. Dondero. Mr. Dondero may be deemed to be an indirect beneficial owner of shares held by such entities. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F6. These shares are held through PCMG Trading Partners XXIII, L.P. ("PCMG"). The reporting person may be deemed to be an indirect beneficial owner of the shares held by PCMG. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F7. These shares are held by a subsidiary of the trust referenced in footnote 2 to this Form 4. Mr. Dondero disclaims beneficial ownership of such shares.
- F8. On April 22, 2025, the reporting person was granted 10,715 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: 19,577 units/shares
Exercise price: $0.00 per share
Direct common shares after: 732,285 shares
+5 more
8 metrics
RSUs exercised
19,577 units/shares
Restricted stock units converted into common stock on May 22, 2026
Exercise price
$0.00 per share
Stated price for RSU conversion into common stock
Direct common shares after
732,285 shares
Direct holdings of James D. Dondero following RSU exercise
401(k) indirect holding
44,104.143 shares
Common stock held indirectly through a 401(k) plan
Trust indirect holding
1,335,251 shares
Common shares held by a trust with disclaimed beneficial ownership
NexPoint Advisors-managed funds
36,822; 101,739; 23,409 shares
Shares held by NexPoint funds managed by NexPoint Advisors, L.P.
Highland funds holdings
213,700; 195,363 shares
Shares held by Highland Opportunities and Income Fund and Highland Global Allocation Fund
RSU grant
10,715 units
Restricted stock units granted April 22, 2025 with staged vesting
Key Terms
restricted stock units, dividend reinvestment plan, disclaims beneficial ownership, indirect beneficial owner, +2 more
6 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.
dividend reinvestment plan financial
"Includes shares acquired under a dividend reinvestment plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
disclaims beneficial ownership financial
"Mr. Dondero disclaims beneficial ownership of such shares."
indirect beneficial owner financial
"may be deemed to be an indirect beneficial owner of shares held by NP"
pecuniary interest financial
"disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein"
settlement will generally occur within 10 days of vesting financial
"Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did James D. Dondero report for NexPoint Residential Trust (NXRT)?
James D. Dondero reported exercising 19,577 restricted stock units of NexPoint Residential Trust, Inc. This exercise converted the units into 19,577 common shares at a stated price of $0.00 per share as part of equity compensation, rather than an open-market stock purchase or sale.
Were there any open-market buys or sells in this NexPoint Residential (NXRT) Form 4?
No open-market purchases or sales were reported in this Form 4. The filing primarily shows an exercise of restricted stock units into common stock and several holdings entries, with transaction codes and summaries indicating derivative exercise but no buy or sell transactions in the open market.
How are indirect NexPoint Residential Trust (NXRT) holdings attributed to James D. Dondero?
Indirect holdings are reported through a 401(k), funds, and trusts associated with James D. Dondero. Footnotes explain that certain shares are held by managed funds or trusts, and he may be deemed an indirect beneficial owner but disclaims beneficial ownership except to the extent of his pecuniary interest.
What do the restricted stock unit terms for James D. Dondero at NexPoint Residential Trust (NXRT) specify?
Each restricted stock unit represents a contingent right to receive one share of NexPoint Residential Trust common stock. A grant on April 22, 2025 of 10,715 units vests in scheduled installments through February 15, 2029, with settlement generally within 10 days and potentially in cash at the Compensation Committee’s discretion.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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