NXRT (NXRT) director exercises 3,730 RSUs and ends with 58,574 shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

NexPoint Residential Trust director Brian Mitts reported routine equity compensation activity involving restricted stock units and common stock. On March 28, 2026 he exercised 3,730 restricted stock units into 3,730 shares of common stock at no exercise price, increasing his direct holdings. The filing also shows 559 shares disposed back to the issuer and 1,107 shares withheld at $24.60 per share to cover tax obligations and related costs. After these transactions, Mitts directly held 58,574 shares of NexPoint Residential Trust common stock.

Insider Trade Summary

3,730 shares exercised/converted

Mixed 4 txns

Insider Mitts Brian

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	3,730	$0.00	--
Exercise	Common Stock	3,730	$0.00	--
Disposition	Common Stock	559	$0.00	--
Tax Withholding	Common Stock	1,107	$24.60	$27K

Holdings After Transaction: Restricted Stock Units — 7,460 shares (Direct); Common Stock — 60,240 shares (Direct)

Footnotes (1)

Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc. Represents the portion of the previously reported restricted stock unit grant that vested on March 28, 2026 and settled in cash. On March 28, 2023, the reporting person was granted 18,652 restricted stock units which vested one-fifth on March 28, 2024, one-fifth on March 28, 2025 and one-fifth on March 28, 2026, and which will vest one-fifth on March 28, 2027 and one-fifth on March 28, 2028. 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: 3,730 units Common shares acquired: 3,730 shares Shares disposed to issuer: 559 shares +4 more

7 metrics

RSUs exercised 3,730 units Restricted stock units converted to common stock on March 28, 2026

Common shares acquired 3,730 shares Shares received from RSU exercise on March 28, 2026

Shares disposed to issuer 559 shares Common stock disposition to issuer coded as D on March 28, 2026

Tax-withholding shares 1,107 shares Shares delivered at $24.60 per share to cover tax obligations

Tax-withholding price $24.60 per share Value used for tax-withholding disposition on March 28, 2026

Shares held after transactions 58,574 shares Direct common stock ownership following March 28, 2026 transactions

Original RSU grant 18,652 units Restricted stock units granted on March 28, 2023, vesting over five years

Key Terms

Restricted Stock Units, vested, settled in cash, Compensation Committee, +1 more

5 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.

vested financial

"Represents the portion of the previously reported restricted stock unit grant that vested on March 28, 2026"

settled in cash financial

"vested on March 28, 2026 and settled in cash"

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.

tax-withholding disposition financial

"Payment of exercise price or tax liability by delivering securities"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 Insider Transactions: What Each Field Means →

03/31/2026 - 08:21 PM

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^*

Mitts Brian

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/28/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/28/2026		M		3,730	A	⁽¹⁾	60,240	D
Common Stock	03/28/2026		D		559	D	⁽²⁾	59,681	D
Common Stock	03/28/2026		F		1,107	D	$24.6	58,574	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	03/28/2026		M			3,730	⁽³⁾	⁽³⁾	Common Stock	3,730	$0	7,460	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. Represents the portion of the previously reported restricted stock unit grant that vested on March 28, 2026 and settled in cash.

3. On March 28, 2023, the reporting person was granted 18,652 restricted stock units which vested one-fifth on March 28, 2024, one-fifth on March 28, 2025 and one-fifth on March 28, 2026, and which will vest one-fifth on March 28, 2027 and one-fifth on March 28, 2028. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

	/s/ Paul Richards, as attorney-in-fact for Brian Mitts	03/31/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did NXRT director Brian Mitts report on March 28, 2026?

Brian Mitts reported exercising 3,730 restricted stock units into 3,730 common shares. The same day, 559 shares were disposed to the issuer and 1,107 shares were withheld at $24.60 per share to satisfy tax and related obligations.

How many NexPoint Residential Trust (NXRT) shares does Brian Mitts hold after this Form 4?

After the March 28, 2026 transactions, Brian Mitts directly holds 58,574 shares of NexPoint Residential Trust common stock. This reflects the net effect of RSU conversion, shares returned to the issuer, and shares withheld to cover tax liabilities.

What type of equity award did Brian Mitts exercise in this NXRT Form 4?

He exercised 3,730 restricted stock units, each representing a contingent right to receive one NexPoint Residential Trust common share. These units were part of an 18,652-unit grant awarded on March 28, 2023 with vesting in five equal annual installments.

Why were some NXRT shares withheld in Brian Mitts’ March 28, 2026 transaction?

The Form 4 shows 1,107 common shares withheld at $24.60 per share as a tax-withholding disposition. This means shares were delivered to satisfy exercise price or tax liabilities associated with the vesting and settlement of restricted stock units.

How do the NXRT restricted stock units granted in 2023 vest over time?

On March 28, 2023, Brian Mitts received 18,652 restricted stock units. They vest one-fifth on March 28, 2024, 2025, 2026, 2027, and 2028. Settlement generally occurs within 10 days of vesting and may be settled in cash at the Compensation Committee’s discretion.