Dennis Charles Sauter Jr. - 17 Feb 2025 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role
General Counsel and Secretary
Signature
/s/ Matt McGraner, as attorney-in-fact for D.C. Sauter
Issuer symbol
NXRT
Transactions as of
17 Feb 2025
Net transactions value
-$33,069
Form type
4
Filing time
20 Feb 2025, 17:49:28 UTC
Previous filing
14 May 2024
Next filing
24 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXRT Common Stock Options Exercise +995 +8.4% 12,784 17 Feb 2025 Direct F1
transaction NXRT Common Stock Tax liability $13,373 -333 -2.6% $40.16 12,451 17 Feb 2025 Direct
transaction NXRT Common Stock Options Exercise +1,436 +12% 13,887 18 Feb 2025 Direct F1
transaction NXRT Common Stock Tax liability $19,696 -496 -3.6% $39.71 13,391 18 Feb 2025 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 Units Options Exercise $0 -995 -33% $0.000000 1,989 17 Feb 2025 Common Stock 995 Direct F1, F2
transaction NXRT Restricted Stock Units Options Exercise $0 -1,436 -50% $0.000000 1,436 18 Feb 2025 Common Stock 1,436 Direct F1, F3
* 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 February 17, 2022, the reporting person was granted 4,974 restricted stock units, which vested one-fifth on February 17, 2023, one-fifth on February 17, 2024, one-fifth on February 17, 2025, and which will vest one-fifth on February 17, 2026 and one-fifth on February 17, 2027. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
F3 On February 18, 2021, the reporting person was granted 7,180 restricted stock units, which vested one-fifth on February 18, 2022, one-fifth on February 18, 2023, one-fifth on February 18, 2024, and one-fifth on February 18, 2025, and which will vest one-fifth on February 18, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.