Equity awards vest for NexPoint Residential (NYSE: NXRT) General Counsel

Rhea-AI Filing Summary

NexPoint Residential Trust, Inc. General Counsel and Secretary Dennis Charles Sauter Jr reported equity award activity over two days in February 2026. On February 17 and 18, 2026, he exercised restricted stock units into a total of 2,431 shares of common stock at a reported price of $0.0000 per share.

To cover tax obligations related to these vestings, 366 shares were withheld at $29.46 per share and 549 shares at $29.93 per share as tax-withholding dispositions, rather than open-market sales. After these transactions, he directly owned 18,785 shares of NexPoint Residential Trust common stock.

The restricted stock units stem from grants originally awarded in February 2021 and February 2022, which vest in annual one-fifth increments on specified February dates. Settlement generally occurs within ten days of vesting and, at the Compensation Committee’s discretion, may be settled in cash instead of shares.

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

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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^*

Sauter Dennis Charles Jr

(Last) (First) (Middle)

300 CRESCENT COURT, SUITE 700

(Street)

DALLAS TX 75201

(City) (State) (Zip)

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)
	General Counsel and Secretary

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Common Stock	02/17/2026		M		995	A	(1)	18,264	D
Common Stock	02/17/2026		F		366	D	$29.46	17,898	D
Common Stock	02/18/2026		M		1,436	A	(1)	19,334	D
Common Stock	02/18/2026		F		549	D	$29.93	18,785	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unita	(1)	02/17/2026		M			995	(2)	(2)	Common Stock	995	$0	994	D
Restricted Stock Unita	(1)	02/18/2026		M			1,436	(3)	(3)	Common Stock	1,436	$0	0	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 February 17, 2022, the reporting person was granted 4,974 restricted stock units, which vested one-fifth on February 17, 2023, one-fifth on February 17, 2024, one-fifth on February 17, 2025, one-fifth on February 17, 2026, and which will vest and one-fifth on February 17, 2027. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

3. On February 18, 2021, the reporting person was granted 7,180 restricted stock units, which vested one-fifth on February 18, 2022, one-fifth on February 18, 2023, one-fifth on February 18, 2024, one-fifth on February 18, 2025, and one-fifth on February 18, 2026. 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 D.C. Sauter	02/19/2026
	** 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).
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FAQ

What insider transactions did NexPoint Residential Trust (NXRT) report for Dennis Charles Sauter Jr?

Dennis Charles Sauter Jr reported exercising restricted stock units into 2,431 NexPoint Residential Trust common shares and having 915 shares withheld to cover taxes. These equity award-related transactions occurred on February 17 and 18, 2026, and changed only his direct shareholdings, not company-level results.

How many NexPoint Residential Trust (NXRT) shares does the General Counsel own after these Form 4 transactions?

After the reported equity award exercises and tax withholdings, the General Counsel directly owns 18,785 NexPoint Residential Trust common shares. This figure reflects both the newly issued shares from restricted stock units and the shares withheld to satisfy tax liabilities on February 17 and 18, 2026.

Were the NexPoint Residential Trust (NXRT) insider transactions open-market buys or sells?

The filing shows no open-market buys or sells. Shares were acquired through the exercise and settlement of restricted stock units, with shares disposed of only as tax-withholding transactions at $29.46 and $29.93 per share to satisfy related tax obligations, not discretionary market sales.

What equity awards underlie the recent NexPoint Residential Trust (NXRT) insider transactions?

The transactions relate to restricted stock units granted on February 18, 2021 and February 17, 2022. Each grant vests in one-fifth annual installments on specified February dates, with settlement generally within ten days and, at the Compensation Committee’s discretion, potentially in cash instead of NexPoint Residential Trust shares.

How are NexPoint Residential Trust (NXRT) restricted stock units settled for the General Counsel?

Each restricted stock unit generally converts into one NexPoint Residential Trust common share upon vesting, with settlement typically within ten days. However, the Compensation Committee may choose to settle these units in cash instead of shares, providing flexibility in how the awards are ultimately delivered to the executive.