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Catherine D. Wood receives 4,800 RSUs at NexPoint Residential Trust (NXRT)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Wood Catherine D. reported acquisition or exercise transactions in this Form 4 filing.

NexPoint Residential Trust, Inc. director Catherine D. Wood reported an equity compensation grant. On April 2, 2026, she received 4,800 restricted stock units (RSUs), each representing a contingent right to one share of common stock. These RSUs will vest on April 2, 2027, with settlement generally within 30 days and potentially in cash at the Compensation Committee’s discretion.

Positive

  • None.

Negative

  • None.
Insider Wood Catherine D.
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units 4,800 $0.00 --
Holdings After Transaction: Restricted Stock Units — 4,800 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 April 2, 2026, the reporting person was granted 4,800 restricted stock units which will vest on April 2, 2027. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
RSUs granted 4,800 units Equity award to director on April 2, 2026
Underlying common shares 4,800 shares Each RSU represents one common share
Vesting date April 2, 2027 RSUs vest one year after grant
Settlement window Within 30 days Settlement period after vesting of RSUs
Grant price $0.0000 per unit Compensation grant, not a market purchase
Total RSUs after grant 4,800 units Holdings of this RSU award following transaction
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of common stock"
vest financial
"which will vest on April 2, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
settlement financial
"Settlement will generally occur within 30 days of vesting"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
Compensation Committee financial
"may at the discretion of the Compensation Committee be settled in cash"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Wood Catherine D.
(Last)(First)(Middle)
300 CRESCENT COURT, SUITE 700
(Street)
DALLAS TEXAS 75201
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
NexPoint Residential Trust, Inc. [ NXRT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)04/02/2026A4,800 (2) (2)Common Stock4,800$04,800D
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 April 2, 2026, the reporting person was granted 4,800 restricted stock units which will vest on April 2, 2027. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
/s/ Paul Richards, as attorney-in-fact for Catherine Wood04/06/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Catherine D. Wood report for NXRT?

Catherine D. Wood reported receiving 4,800 restricted stock units as equity compensation. The award was granted on April 2, 2026 and represents a contingent right to receive an equal number of NexPoint Residential Trust, Inc. common shares, subject to future vesting conditions and settlement terms.

How many NexPoint Residential Trust (NXRT) RSUs were granted in this Form 4?

The Form 4 shows a grant of 4,800 restricted stock units to director Catherine D. Wood. Each RSU corresponds to one share of common stock, providing future equity exposure once vesting occurs and the units are settled in either shares or, at the committee’s discretion, cash.

When do Catherine D. Wood’s NXRT restricted stock units vest?

The 4,800 restricted stock units granted to Catherine D. Wood vest on April 2, 2027. After vesting, settlement generally occurs within 30 days, at which point she may receive common shares or a cash payment, as determined by NexPoint Residential Trust’s Compensation Committee.

Is the NXRT Form 4 transaction a market purchase or sale of shares?

The reported transaction is not a market purchase or sale. It is a grant of 4,800 restricted stock units as compensation, recorded with transaction code “A” for award or other acquisition. No open-market trading price is involved at the time of the grant event.

What does each restricted stock unit represent for NXRT’s director?

Each restricted stock unit represents a contingent right to receive one NexPoint Residential Trust, Inc. common share. The units only convert after vesting, with settlement generally within 30 days, and the Compensation Committee may choose to deliver either shares of stock or an equivalent cash amount.