NexPoint Residential Trust, Inc. filings document the regulatory record of a Maryland real estate investment trust with common stock listed on the New York Stock Exchange under NXRT. Its 8-K reports furnish quarterly and annual operating results, earnings supplements and non-GAAP measures such as FFO, Core FFO, AFFO and NOI tied to its multifamily apartment portfolio.
NXRT filings also cover proxy governance, director elections, executive compensation, board and majority-voting matters, securities registered under the Exchange Act, and material agreements such as corporate revolving credit facility terms. These disclosures address the company’s REIT structure, operating partnership, capital arrangements, stockholder voting matters and risks associated with owning and operating value-add multifamily properties.
NexPoint Residential Trust reported essentially flat first-quarter 2026 results with softer same-store performance and reaffirmed full-year guidance. Total revenues were $63.5 million, slightly above $63.2 million a year ago. Net loss attributable to common stockholders was $6.8 million, or $0.27 per diluted share, similar to 2025.
Cash-flow metrics were mixed. Q1 2026 FFO was $17.4 million, or $0.69 per diluted share, in line with last year, while Core FFO fell to $17.3 million, or $0.68 from $0.75. AFFO declined to $19.6 million, or $0.77 from $0.84, still covering the $0.53 quarterly dividend.
Operating metrics softened modestly. Same Store revenues and NOI decreased 2.2% and 2.7%, with average effective rent down 0.9% and occupancy down 80 bps to 93.6%. The 36‑property, 13,304‑unit portfolio posted 93.5% occupancy and average rent of $1,485.
Leverage remains elevated but partly addressed. Total debt was $1.6 billion with a net debt to enterprise value ratio of 71%. The company paid down $33.0 million on its credit facility using a new mortgage on Sedona at Lone Mountain and estimates net asset value at $40.66–$54.74 per share, midpoint $47.70, versus a quarter‑end share price of $25.00. Management reaffirmed 2026 guidance, including Core FFO of $2.42–$2.71 per diluted share and Same Store NOI growth between -2.5% and 1.5%.
NexPoint Residential Trust, Inc. will hold its 2026 annual stockholder meeting virtually on June 2, 2026 at 10:00 a.m. Central Time. Holders of common stock as of March 31, 2026, when 25,491,439 shares were outstanding, may attend and vote electronically using a control number.
Stockholders are asked to elect seven directors for one-year terms, approve on an advisory basis the compensation of named executive officers, choose the frequency of future say-on-pay votes (the board recommends one year), and ratify KPMG LLP as independent auditor for 2026. In 2025, KPMG audit fees totaled $1,195,000 and overall fees were $1,474,295.
The company is an externally managed REIT; executive officers are paid in cash by the adviser, while NexPoint primarily uses equity awards such as restricted stock units to align executives with stockholders. In 2025, NexPoint paid its adviser about $6.9 million in fees, and the adviser voluntarily waived an additional $21.0 million. Independent directors received cash retainers and stock awards, with total individual compensation in 2025 generally ranging from roughly $136,655 to $154,155.
Wood Catherine D. reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Residential Trust, Inc. director Catherine D. Wood reported an equity compensation grant. On April 2, 2026, she received 4,800 restricted stock units (RSUs), each representing a contingent right to one share of common stock. These RSUs will vest on April 2, 2027, with settlement generally within 30 days and potentially in cash at the Compensation Committee’s discretion.
Swain Carol reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Residential Trust, Inc. director Carol Swain received a grant of 4,800 restricted stock units on April 2, 2026 as equity compensation. Each unit represents a contingent right to one share of common stock, vesting on April 2, 2027. Settlement will generally occur within 30 days after vesting and may, at the Compensation Committee’s discretion, be made in cash instead of shares. After this grant, Swain holds 4,800 restricted stock units directly, reflecting a routine compensation-related award rather than an open-market stock purchase or sale.
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.
Richards Paul reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Residential Trust, Inc. reported that officer Paul Richards received a grant of 31,900 restricted stock units, each representing one share of common stock. The award vests in stages: 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 of each vesting date and may, at the Compensation Committee’s discretion, be made in cash instead of shares. Following this grant, his reported holding of restricted stock units is 31,900.
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.
McGraner Matt reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Residential Trust executive Matt McGraner received a compensation grant of 123,900 restricted stock units (RSUs). Each RSU represents the right to receive one share of NexPoint Residential Trust, Inc. common stock. This is an equity award, not an open-market stock purchase or sale.
The RSUs vest over time: 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 after each vesting date and, at the Compensation Committee’s discretion, may be paid in cash instead of shares.
LAFFER ARTHUR B reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Residential Trust director Arthur B. Laffer received a grant of 4,800 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 are scheduled to vest on April 2, 2027.
Settlement will generally occur within 30 days after vesting and, at the discretion of the Compensation Committee, may be settled in either shares of common stock or cash. Following this grant, Laffer directly holds 4,800 RSUs linked to the company’s common stock.