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

Role
Executive VP and Chief Investment Officer
Signature
/s/ Matthew R. McGraner
Issuer symbol
NXRT
Transactions as of
17 Feb 2025
Net transactions value
-$292,862
Form type
4
Filing time
20 Feb 2025, 17:51:07 UTC
Previous filing
19 Feb 2025
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 +8,810 +3.6% 255,622 17 Feb 2025 Direct F1
transaction NXRT Common Stock Tax liability $106,384 -2,649 -1% $40.16 252,973 17 Feb 2025 Direct
transaction NXRT Common Stock Options Exercise +15,182 +6% 268,155 18 Feb 2025 Direct F1
transaction NXRT Common Stock Tax liability $186,478 -4,696 -1.8% $39.71 263,469 18 Feb 2025 Direct
holding NXRT Common Stock 13,054 17 Feb 2025 By 401(k) plan
holding NXRT Common Stock 16,986 17 Feb 2025 By limited liability company F2
holding NXRT Common Stock 108,630 17 Feb 2025 By Trust F3

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 -8,810 -33% $0.000000 17,620 17 Feb 2025 Common Stock 8,810 Direct F1, F4
transaction NXRT Restricted Stock Units Options Exercise $0 -15,182 -50% $0.000000 15,182 18 Feb 2025 Common Stock 15,182 Direct F1, F5
* 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 These shares are held in a trust. Mr. McGraner is the trustee of the trust. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3 These shares are held by a limited liability company in which Mr. McGraner owns an indirect minority interest. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F4 On February 17, 2022, the reporting person was granted 44,051 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.
F5 On February 18, 2021, the reporting person was granted 75,911 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.

Remarks:

Executive VP and Chief Investment Officer