NexPoint Residential Trust insider purchase: CFO adds 5K shares

Rhea-AI Filing Summary

NexPoint Residential Trust, Inc. (NXRT) – Form 4 insider transaction: Chief Financial Officer Paul Richards bought 5,000 common shares on 06/25/2025 in the open market (Transaction Code “P”) at a weighted-average price of $32.92, with individual trades ranging from $32.85-$32.99.

Richards’ direct ownership rose to 24,689 shares, up from 19,689, a roughly 25% increase. He also holds 3,788 shares indirectly through the company 401(k) plan. No derivative transactions were reported.

The purchase, filed on 06/27/2025, reflects a meaningful personal capital commitment by a senior officer and may be viewed by investors as a vote of confidence in NXRT’s valuation and future prospects.

Positive

• CFO insider purchase: 5,000 shares acquired at $32.92 (~$165k), increasing direct holdings by 25% and signaling management confidence.

Negative

• None.

Insights

Financial Analyst

TL;DR: CFO’s $165k open-market buy is a modest but positive insider signal.

The transaction adds 5,000 shares to Richards’ holdings for an outlay of approximately $164.6 k. Management purchases—especially by the CFO—are typically interpreted as a bullish indicator because the insider has intimate knowledge of cash flows, balance-sheet health and pipeline projects. While the absolute dollar amount is not exceptionally large, the 25% boost to his personal stake increases alignment with shareholders. No accompanying sales or derivative hedges were disclosed, strengthening the signal. The purchase occurred near 52-week lows for NXRT, implying perceived undervaluation. Overall impact: incrementally positive for sentiment but not materially changing fundamentals.

Corporate Governance Expert

TL;DR: Clean, straightforward Form 4; no red flags detected.

Filings show compliance with Section 16(a) reporting within two business days, indicating robust internal controls. The use of open-market purchases rather than option exercises reduces complexity and suggests genuine economic exposure. The absence of Rule 10b5-1 plan disclosure implies discretionary timing, which can be viewed favorably when the trade is a purchase. No evidence of group filings or indirect related-party structures beyond a standard 401(k). From a governance perspective, this reinforces transparency and officer-shareholder alignment.

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^*

Richards Paul

(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)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2025

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	06/25/2025		P		5,000	A	$32.92(1)	24,689	D
Common Stock								3,788	I	By 401(k) plan.

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

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $32.85 to $32.99, inclusive. The reporting person undertakes to provide to NexPoint Residential Trust, Inc., any security holder of NexPoint Residential Trust, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.

Remarks:

Chief Financial Officer, Executive VP-Finance, Treasurer and Assistant Secretary

	/s/ Paul Richards	06/27/2025
	** 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.

FAQ

How many NXRT shares did CFO Paul Richards buy?

He purchased 5,000 common shares on 06/25/2025.

What was the purchase price of the NXRT shares?

The weighted-average price was $32.92, with trades ranging from $32.85 to $32.99.

How many NXRT shares does the CFO now own?

Following the transaction, he owns 24,689 shares directly and 3,788 shares indirectly via a 401(k) plan.

What transaction code was used in the Form 4 filing?

The filing lists transaction code “P”, indicating an open-market purchase.

When was the Form 4 for NXRT filed?

The Form 4 was filed on 06/27/2025.