Brian Mitts - 17 Feb 2025 Form 4 Insider Report for NexPoint Residential Trust, Inc. (NXRT)

Role
Director
Signature
/s/ Matthew R. McGraner, attorney-in-fact for Brian Mitts
Issuer symbol
NXRT
Transactions as of
17 Feb 2025
Net transactions value
-$81,201
Form type
4
Filing time
20 Feb 2025, 17:50:03 UTC
Previous filing
19 Feb 2025
Next filing
24 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXRT Common Stock Options Exercise +1,989 +3% 67,685 17 Feb 2025 Direct F1
transaction NXRT Common Stock Tax liability $38,473 -958 -1.4% $40.16 66,727 17 Feb 2025 Direct
transaction NXRT Common Stock Options Exercise +2,216 +3.3% 68,943 18 Feb 2025 Direct F1
transaction NXRT Common Stock Tax liability $42,728 -1,076 -1.6% $39.71 67,867 18 Feb 2025 Direct
holding NXRT Common Stock 18,187 17 Feb 2025 By 401(k) plan

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 -1,989 -33% $0.000000 3,978 17 Feb 2025 Common Stock 1,989 Direct F1, F2
transaction NXRT Restricted Stock Units Options Exercise $0 -2,216 -50% $0.000000 2,214 18 Feb 2025 Common Stock 2,216 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 9,947 restricted stock units, which vested one-fifth on February 17, 2023, one-fifth on February 17, 2024, and 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 11,078 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.