Carol Swain (NXRT) reports RSU vesting and 1,714-share disposition
Rhea-AI Filing Summary
NexPoint Residential Trust, Inc. director Carol Swain reported compensation-related equity activity. On May 22, 2026, 3,429 previously granted restricted stock units vested, with settlement generally occurring in cash at the Compensation Committee’s discretion. Related entries show an exercise of 3,429 units into common stock and a disposition of 1,714 common shares back to the issuer. After these movements, Swain directly owns 8,626 shares of common stock, reflecting a routine adjustment to her equity compensation holdings rather than an open‑market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,715 shares
Net Buy
3 txns
Insider
Swain Carol
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,429 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,429 | $0.00 | $0.00 |
| Disposition | Common Stock | 1,714 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 8,626 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
- F2. Represents the portion of the previously reported restricted stock unit grant that vested on May 22, 2026 and settled in cash.
- F3. On May 22, 2025, the reporting person was granted 3,429 restricted stock units which vested on May 22, 2026. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
Key Figures
Shares disposed to issuer: 1,714 shares
RSUs exercised/converted: 3,429 units
Common shares after disposition: 8,626 shares
+4 more
7 metrics
Shares disposed to issuer
1,714 shares
Disposition to issuer on May 22, 2026 (Code D)
RSUs exercised/converted
3,429 units
Restricted stock units exercised on May 22, 2026 (Code M)
Common shares after disposition
8,626 shares
Direct ownership after 1,714-share disposition
Common shares after RSU exercise
10,340 shares
Direct ownership immediately after 3,429-share exercise
RSU grant size
3,429 units
Restricted stock units granted on May 22, 2025
Exercise transactions
1 transaction
Exercise or conversion of derivative security (Code M)
Net buy/sell shares
0 shares
Transaction summary net buy/sell direction neutral
Key Terms
restricted stock unit, Disposition to issuer, derivative security, contingent right, +1 more
5 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Disposition to issuer financial
"transaction_code_description: Disposition to issuer"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"represents a contingent right to receive one share of common stock"
settled in cash financial
"vested on May 22, 2026 and settled in cash"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did NexPoint Residential Trust (NXRT) report for Carol Swain?
NexPoint Residential Trust director Carol Swain reported derivative-related equity compensation activity, including 3,429 restricted stock units vesting and related share movements, plus a 1,714-share disposition back to the issuer, leaving her with 8,626 directly owned common shares after the transactions.
What restricted stock unit activity did NXRT disclose for Carol Swain?
The filing shows 3,429 restricted stock units granted to Carol Swain on May 22, 2025 vested on May 22, 2026. Each unit represents a contingent right to one NexPoint Residential Trust common share, and settlement generally occurs within 30 days and may be settled in cash at the committee’s discretion.
Was Carol Swain’s NexPoint Residential (NXRT) Form 4 an open-market stock sale?
No, the Form 4 describes compensation-related movements, including the vesting and exercise of 3,429 restricted stock units and a 1,714-share disposition to the issuer. The filing does not report any open-market purchases or sales, and settlement of vested units may occur in cash rather than shares.