Insider Sales Reported: NXRT Director Disposes 7,500 Shares in 2025
Rhea-AI Filing Summary
Brian Mitts, a director of NexPoint Residential Trust, Inc. (NXRT), reported sales of common stock on 05/07/2025 and 08/15/2025. On May 7, 2025 he sold 2,500 shares at $37.55, and on August 15, 2025 he sold 5,000 shares at $30.92. Following these transactions he beneficially owned 65,900 shares directly and 23,540 shares indirectly through a 401(k) plan. The Form 4 was signed by an attorney-in-fact on 09/04/2025.
Positive
- Transactions fully disclosed with dates, prices, and post-transaction ownership reported
- Indirect holdings identified (23,540 shares held through a 401(k) plan)
Negative
- Director sold shares (total of 7,500 shares disposed) which reduced direct ownership
- Prices varied materially between sales: $37.55 and $30.92
Insights
TL;DR Insider director sold a combined 7,500 shares in two transactions, leaving 65,900 direct shares and 23,540 held via a 401(k).
The sales are reported dispositions rather than acquisitions and show reductions in direct ownership from the prior level implied by the post-transaction holdings. Transaction prices were $37.55 and $30.92, which are explicit sale prices in the filing. For investors, these are routine Schedule 16 disclosures; the filing does not state any intent, plan, or context for the sales.
TL;DR A director completed two disclosed sales and the Form 4 was properly executed by an attorney-in-fact.
The filing identifies the reporting person as a director and reports direct and indirect ownership including 401(k) holdings. The Form 4 indicates compliance with Section 16 reporting by listing transaction dates, codes, amounts, and prices. There is no indication of amendments, waivers, or related-party disclosures beyond the 401(k) indirect ownership noted in the form.