Vanguard disaggregates NXRT holdings after internal realignment (NXRT)

Rhea-AI Filing Summary

The Vanguard Group filed an amendment to its Schedule 13G reporting 0 shares (0%) of NexPoint Residential Trust Inc common stock. The filing states that, following an internal realignment effective January 12, 2026, certain Vanguard subsidiaries will report beneficial ownership separately in reliance on SEC Release No. 34-39538.

The amendment is signed by Ashley Grim, Head of Global Fund Administration, and affirms that no single other person holds more than 5% of the reported securities.

Insights

Institutional Ownership Analyst

Institutional reallocation recorded; Vanguard reports zero beneficial holdings here.

The amendment documents a structural reporting change: Vanguard states 0 shares (0%) beneficially owned following an internal realignment. This reflects disaggregated reporting by subsidiaries under SEC Release No. 34-39538, not an economic sale or purchase described in the excerpt.

Impact depends on subsidiary-level filings that may show the actual holdings; subsequent filings will clarify where the positions reside.

Compliance / SEC Filings Specialist

Form amendment documents compliance with SEC disaggregation guidance.

The filing cites the January 12, 1998 release to justify separate reporting by Vanguard subsidiaries. It explicitly states the subsidiaries pursue prior investment strategies and that Vanguard no longer is deemed to beneficially own those securities.

From a compliance viewpoint, this is an administrative reallocation of reporting responsibility; cash‑flow treatment or transfers are not described in the excerpt.

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

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Accepted by SEC EDGAR 03/27/2026 - 11:05 AM Learn about SEC filing dates

FAQ

What does Vanguard report for NXRT ownership in this amendment?

Vanguard reports 0 shares (0%) beneficially owned of NexPoint Residential Trust Inc. The amendment states holdings are reported separately by subsidiaries after an internal realignment effective January 12, 2026 under SEC Release No. 34-39538.

Why did Vanguard change how it reports NXRT holdings?

Vanguard cites an internal realignment on January 12, 2026 and relies on SEC Release No. 34-39538 to disaggregate reporting. The filing explains certain subsidiaries now report beneficial ownership separately from The Vanguard Group, Inc.

Does this amendment indicate Vanguard sold NXRT shares?

No—the amendment shows 0 shares (0%) reported under The Vanguard Group and attributes the change to reporting disaggregation. The excerpt does not describe any sale, purchase, or cash proceeds related to NXRT.

Who signed the Schedule 13G/A amendment for Vanguard?

The amendment is signed by Ashley Grim, Head of Global Fund Administration. The signature block in the excerpt shows the filing date as 03/27/2026 and lists Vanguard’s Malvern, PA address.

Will other Vanguard filings show NXRT holdings after disaggregation?

Yes; the filing states subsidiaries will report beneficial ownership separately. Subsequent Schedule 13G/A or 13F filings from those subsidiaries or business divisions are likely to disclose the positions and percentages formerly attributed to The Vanguard Group.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 11)

NexPoint Residential Trust Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

65341D102

(CUSIP Number)

03/13/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 65341D102

1

Names of Reporting Persons

The Vanguard Group

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: NexPoint Residential Trust Inc
(b)	Address of issuer's principal executive offices: 300 Crescent Court, Suite 700, Dallas, TX, 75201
Item 2.
(a)	Name of person filing: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd.,, Malvern, PA, 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.:
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Vanguard Group, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	03/27/2026