NXRT officer receives 16,800 restricted stock units

Sauter Dennis Charles Jr reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Sauter Dennis Charles Jr reported acquisition or exercise transactions in this Form 4 filing.

NexPoint Residential Trust, Inc. reported that officer Dennis Charles Sauter Jr received a grant of 16,800 restricted stock units (RSUs) on April 2, 2026. Each RSU represents a contingent right to receive one share of NexPoint Residential Trust common stock.

The RSUs vest over time: one-fifth on April 2, 2027, one-fifth on February 15, 2028, one-fifth on February 15, 2029, and the remaining two-fifths on February 15, 2030. Settlement will generally occur within 10 days after each vesting date and, at the Compensation Committee’s discretion, may be made in cash rather than shares.

Insider Trade Summary

Grant/Award: 16,800 shares

Grant/Award 1 txn

Insider Sauter Dennis Charles Jr

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	16,800	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 16,800 contracts (Direct)

Footnotes (2)

1. F1. Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
2. F2. On April 2, 2026, the reporting person was granted 16,800 restricted stock units. The restricted stock units will vest one-fifth on April 2, 2027, one-fifth on February 15, 2028, one-fifth on February 15, 2029 and two-fifths on February 15, 2030. 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 granted: 16,800 units First vesting tranche: 1/5 of 16,800 units Second vesting tranche: 1/5 of 16,800 units +3 more

6 metrics

RSUs granted 16,800 units Restricted stock units granted on April 2, 2026

First vesting tranche 1/5 of 16,800 units Vests on April 2, 2027

Second vesting tranche 1/5 of 16,800 units Vests on February 15, 2028

Third vesting tranche 1/5 of 16,800 units Vests on February 15, 2029

Final vesting tranche 2/5 of 16,800 units Vests on February 15, 2030

Settlement window Within 10 days Settlement period after each vesting date

Key Terms

Restricted Stock Units, vest, Settlement, Compensation Committee

4 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.

vest financial

"The restricted stock units will vest one-fifth on April 2, 2027, one-fifth on February 15, 2028"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Settlement financial

"Settlement will generally occur within 10 days of vesting and may be settled in cash"

Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.

Compensation Committee financial

"Settlement 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did NexPoint Residential Trust (NXRT) disclose about Dennis Sauter’s recent equity award?

NexPoint Residential Trust granted officer Dennis Charles Sauter Jr 16,800 restricted stock units on April 2, 2026. Each unit represents a contingent right to receive one share of common stock, subject to a multi-year vesting schedule and settlement terms set by the Compensation Committee.

How many restricted stock units did Dennis Sauter receive from NXRT?

Dennis Charles Sauter Jr received 16,800 restricted stock units from NexPoint Residential Trust. These units give him the contingent right to receive an equal number of common shares, provided specific vesting dates are met and subject to the company’s settlement practices for vested awards.

What is the vesting schedule for Dennis Sauter’s 16,800 NXRT restricted stock units?

The 16,800 restricted stock units vest in stages: one-fifth on April 2, 2027, one-fifth on February 15, 2028, one-fifth on February 15, 2029, and two-fifths on February 15, 2030. This structure ties the potential share delivery to multi-year service or performance.

How will Dennis Sauter’s NXRT restricted stock units be settled when they vest?

When the restricted stock units vest, settlement will generally occur within 10 days of each vesting date. The Compensation Committee may choose to settle the award in cash instead of issuing common shares, providing flexibility in how value is ultimately delivered.

What does each restricted stock unit granted to Dennis Sauter by NXRT represent?

Each restricted stock unit granted to Dennis Charles Sauter Jr represents a contingent right to receive one share of NexPoint Residential Trust common stock. Actual delivery of shares or cash depends on satisfying vesting conditions and the Compensation Committee’s settlement decisions.

Does Dennis Sauter hold all 16,800 NXRT restricted stock units after this grant?

Following the grant, Dennis Charles Sauter Jr is shown holding 16,800 restricted stock units. These units remain subject to the stated vesting schedule, and only vested portions can later be settled in shares or cash as determined under the award’s terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/06/2026 - 07:57 PM Learn about SEC filing dates

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^*

Sauter Dennis Charles Jr

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

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)
			Code	V	Amount	(A) or (D)	Price

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 Units	(1)	04/02/2026		A		16,800		(2)	(2)	Common Stock	16,800	$0	16,800	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 April 2, 2026, the reporting person was granted 16,800 restricted stock units. The restricted stock units will vest one-fifth on April 2, 2027, one-fifth on February 15, 2028, one-fifth on February 15, 2029 and two-fifths on February 15, 2030. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

General Counsel and Secretary

	/s/ Paul Richards, as attorney-in-fact for D.C. Sauter	04/06/2026
	** 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)