NexPoint Residential Trust (NXRT) president awarded 123,900 RSUs under long-term plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DONDERO JAMES D reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Residential Trust, Inc. director and president James D. Dondero reported receiving a grant of 123,900 restricted stock units (RSUs), each representing a contingent right to one share of common stock. This is a compensation-related award rather than an open-market purchase or sale.
The RSUs vest over time: one-fifth on April 2, 2027, one-fifth on February 15, 2028, one-fifth on February 15, 2029, and the remaining two-fifths on February 15, 2030. Settlement is generally expected within 10 days of each vesting date and, at the Compensation Committee’s discretion, may be made in cash instead of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DONDERO JAMES D
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 123,900 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 123,900 shares (Direct)
Footnotes (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 123,900 restricted stock units. The restricted stock units will vest one-fifth on April 2, 2027, one-fifth on February 15, 2028, one-fifth on February 15, 2029 and two-fifths on February 15, 2030. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
Key Figures
RSUs granted: 123,900 units
Underlying shares: 123,900 shares
Vesting date 1: April 2, 2027
+4 more
7 metrics
RSUs granted
123,900 units
Restricted stock units granted on April 2, 2026
Underlying shares
123,900 shares
Common stock underlying the RSUs
Vesting date 1
April 2, 2027
One-fifth of RSUs vest
Vesting date 2
February 15, 2028
One-fifth of RSUs vest
Vesting date 3
February 15, 2029
One-fifth of RSUs vest
Final vesting
February 15, 2030
Two-fifths of RSUs vest
Settlement window
Within 10 days
After each vesting date, stock or cash
Key Terms
Restricted Stock Units, contingent right, vesting, Compensation Committee, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of common stock"
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"
vesting financial
"The restricted stock units will vest one-fifth on April 2, 2027, one-fifth on February 15, 2028"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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.
settlement financial
"Settlement will generally occur within 10 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.
FAQ
What did NXRT insider James D. Dondero report in this Form 4 filing?
James D. Dondero reported a grant of 123,900 restricted stock units in NexPoint Residential Trust, Inc. The award is compensation-related, not an open-market trade, and settles in common stock or cash upon future vesting dates.
How many NexPoint Residential Trust (NXRT) RSUs were granted to James D. Dondero?
He was granted 123,900 restricted stock units. Each RSU is a contingent right to receive one share of NXRT common stock, subject to the vesting schedule and settlement rules set by the company’s Compensation Committee.
What is the vesting schedule for James D. Dondero’s NXRT restricted stock units?
The 123,900 RSUs vest in stages: one-fifth on April 2, 2027, one-fifth on February 15, 2028, one-fifth on February 15, 2029, and the remaining two-fifths on February 15, 2030, subject to applicable conditions.
How will the NexPoint Residential Trust (NXRT) RSUs granted to Dondero be settled?
Settlement will generally occur within 10 days after each vesting date. The Compensation Committee may choose to settle the vested units either in shares of NXRT common stock or, at its discretion, in cash instead.
Does this NXRT Form 4 show James D. Dondero buying or selling stock on the market?
No. The Form 4 reports a grant of restricted stock units, classified as an acquisition under a compensation award. It does not reflect an open-market purchase or sale of NexPoint Residential Trust common shares.
What does each restricted stock unit in the NXRT grant represent?
Each restricted stock unit granted to James D. Dondero represents a contingent right to receive one share of NexPoint Residential Trust common stock. This right becomes deliverable only after the unit has vested and is then settled in stock or cash.