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4,800 RSUs granted to NexPoint Residential (NXRT) director Brian Mitts

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Mitts Brian reported acquisition or exercise transactions in this Form 4 filing.

NexPoint Residential Trust, Inc. director Brian Mitts received a grant of 4,800 restricted stock units on April 2, 2026. Each unit represents a contingent right to receive one share of common stock.

The 4,800 restricted stock units will vest on April 2, 2027. Settlement will generally occur within 30 days after vesting and, at the Compensation Committee’s discretion, may be settled in cash. Following this grant, Mitts holds 4,800 restricted stock units directly.

Positive

  • None.

Negative

  • None.
Insider Mitts Brian
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units 4,800 $0.00 --
Holdings After Transaction: Restricted Stock Units — 4,800 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc. On April 2, 2026, the reporting person was granted 4,800 restricted stock units which will vest on April 2, 2027. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
RSUs granted 4,800 units Grant to director Brian Mitts on April 2, 2026
Underlying shares 4,800 shares Each RSU equals one NexPoint Residential common share
RSUs after transaction 4,800 units Total restricted stock units held directly after grant
Vesting date April 2, 2027 Scheduled vesting date for the 4,800 RSUs
Settlement window Within 30 days Settlement period following vesting of RSUs
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of common stock"
vest financial
"the reporting person was granted 4,800 restricted stock units which will vest on April 2, 2027"
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.
Compensation Committee financial
"Settlement will generally occur within 30 days of vesting and 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.
settled in cash financial
"Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)04/02/2026A4,800 (2) (2)Common Stock4,800$04,800D
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 4,800 restricted stock units which will vest on April 2, 2027. Settlement will generally occur within 30 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 Mitts04/06/2026
** Signature of Reporting PersonDate
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 transaction did NexPoint Residential Trust (NXRT) report for Brian Mitts?

NexPoint Residential Trust reported that director Brian Mitts received 4,800 restricted stock units on April 2, 2026. These RSUs are a form of equity-based compensation and give him a contingent right to receive an equivalent number of NexPoint Residential common shares after vesting.

How many restricted stock units were granted to the NexPoint Residential (NXRT) director?

Brian Mitts was granted 4,800 restricted stock units. Each unit represents a contingent right to receive one share of NexPoint Residential common stock, subject to vesting conditions. This grant increases his direct RSU holdings to 4,800 units following the reported transaction.

When do Brian Mitts’ NexPoint Residential (NXRT) restricted stock units vest?

The 4,800 restricted stock units granted to Brian Mitts vest on April 2, 2027. After vesting, settlement will generally occur within 30 days, at which point the Compensation Committee may choose to settle the award either in shares of common stock or in cash.

Can the NexPoint Residential (NXRT) restricted stock units be settled in cash?

Yes. After the 4,800 restricted stock units vest on April 2, 2027, settlement will generally occur within 30 days. At that time, the Compensation Committee has discretion to settle the award either in NexPoint Residential common shares or in cash instead of delivering stock.

What does each NexPoint Residential (NXRT) restricted stock unit represent for Brian Mitts?

Each restricted stock unit granted to Brian Mitts represents a contingent right to receive one share of NexPoint Residential common stock. This means actual shares are not issued until the award vests and is settled, subject to the company’s standard vesting and settlement terms.