Dennis Charles Sauter Jr - May 11, 2024 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role: General Counsel
Signature: /s/ Brian Mitts, as attorney-in-fact
Stock symbol: NXRT
Transactions as of: May 11, 2024
Transactions value $: -$3,444
Form type: 4
Date filed: 5/14/2024, 05:40 PM
Previous filing: May 9, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NXRT	Common Stock	Options Exercise		+350	+3.03%		11.9K	May 11, 2024	Direct	F1
transaction	NXRT	Common Stock	Tax liability	-$3.44K	-96	-0.81%	$35.88	11.8K	May 11, 2024	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NXRT	Restricted Stock Unit	Options Exercise	$0	-350	-50%	$0.00	350	May 11, 2024	Common Stock	350		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
F2	On May 11, 2020, the reporting person was granted 1,752 restricted stock units which vested one-fifth on May 11, 2021, one-fifth on May 11, 2022, one-fifth on May 11, 2023 and one-fifth on May 11, 2024 and will vest one-fifth on May 11, 2025. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.