NexPoint Residential (NXRT) officer vests 2,478 RSUs with 863 shares for taxes

Rhea-AI Filing Summary

NexPoint Residential Trust officer Dennis Charles Sauter Jr. reported a routine equity compensation event. On March 13, 2026, he exercised 2,478 restricted stock units, receiving the same number of common shares at an exercise price of $0.00 per share. To cover tax obligations, 863 common shares were withheld at $25.73 per share, leaving a net of 1,615 newly acquired shares. After these transactions, Sauter directly owns 20,400 common shares and 7,433 restricted stock units, with remaining RSUs scheduled to vest annually through March 13, 2029.

Insights

Equity compensation & insider-trading analyst

Routine RSU vesting with tax withholding; no open-market trading signal.

The reporting officer exercised 2,478 restricted stock units into common stock at $0.00, part of a larger 12,389 RSU grant that vests in five equal annual installments from 2025 to 2029. This is standard equity compensation.

A portion of the resulting shares, 863 at $25.73 per share, was disposed of under code F to satisfy tax liabilities, a non-market transaction that does not reflect an independent sell decision. Following these events, the officer holds 20,400 common shares and 7,433 RSUs, indicating he retains meaningful exposure to NexPoint Residential Trust’s equity.

Insider Trade Summary

2,478 shares exercised/converted

Mixed 3 txns

Insider Sauter Dennis Charles Jr

Role See Remarks

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,478	$0.00	--
Exercise	Common Stock	2,478	$0.00	--
Tax Withholding	Common Stock	863	$25.73	$22K

Holdings After Transaction: Restricted Stock Units — 7,433 shares (Direct); Common Stock — 21,263 shares (Direct)

Footnotes (1)

1. Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc. On March 13, 2024, the reporting person was granted 12,389 restricted stock units which vested one-fifth on March 13, 2025 and one-fifth on March 13, 2026, and which will vest one-fifth on March 13, 2027, one-fifth on March 13, 2028, and one-fifth on March 13, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sauter Dennis Charles Jr

(Last) (First) (Middle)

300 CRESCENT COURT, SUITE 700

(Street)

DALLAS TX 75201

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NexPoint Residential Trust, Inc. [ NXRT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/13/2026		M		2,478	A	(1)	21,263	D
Common Stock	03/13/2026		F		863	D	$25.73	20,400	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/13/2026		M			2,478	(2)	(2)	Common Stock	2,478	$0	7,433	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.

2. On March 13, 2024, the reporting person was granted 12,389 restricted stock units which vested one-fifth on March 13, 2025 and one-fifth on March 13, 2026, and which will vest one-fifth on March 13, 2027, one-fifth on March 13, 2028, and one-fifth on March 13, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

General Counsel and Secretary

	/s/ Paul Richards, as attorney-in-fact for D.C. Sauter	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did NexPoint Residential Trust (NXRT) report for Dennis Charles Sauter Jr.?

NexPoint Residential Trust reported that officer Dennis Charles Sauter Jr. exercised 2,478 restricted stock units into common shares. These RSUs were part of a 12,389-unit grant and represent scheduled vesting rather than an open-market stock purchase or sale.

How many NexPoint Residential Trust (NXRT) shares were withheld for taxes in this Form 4?

To cover tax obligations from the RSU vesting, 863 common shares of NexPoint Residential Trust were withheld at $25.73 per share. This tax-withholding disposition (code F) is a mechanical event and not an open-market sale initiated by the officer.

What are Dennis Charles Sauter Jr.’s holdings in NexPoint Residential Trust (NXRT) after this Form 4?

After the reported transactions, Dennis Charles Sauter Jr. directly owns 20,400 shares of NexPoint Residential Trust common stock and holds 7,433 restricted stock units. These figures show his ongoing equity stake following the RSU vesting and related tax-withholding disposition.

What was the origin of the restricted stock units in this NexPoint Residential Trust (NXRT) filing?

The reported RSUs come from a 12,389-unit grant awarded on March 13, 2024. The grant vests in five equal one-fifth installments each March 13 from 2025 through 2029, with settlement generally occurring within 10 days of each vesting date.

Does the NexPoint Residential Trust (NXRT) Form 4 show an open-market stock sale by the officer?

No, the filing does not show an open-market sale. It records RSU vesting and a tax-withholding disposition of 863 shares under code F, where shares are delivered to cover tax liabilities rather than sold at the officer’s discretion.

How will the remaining restricted stock units for NexPoint Residential Trust (NXRT) vest for the officer?

The remaining units from the 12,389 RSU grant vest in equal one-fifth portions on March 13, 2027, March 13, 2028, and March 13, 2029. Settlement generally occurs within 10 days of each vesting and may be in cash at the Compensation Committee’s discretion.