Director at NexPoint Residential (NYSE: NXRT) receives 4,800 RSUs

Rhea-AI Filing Summary

KAVANAUGH SCOTT F reported acquisition or exercise transactions in this Form 4 filing.

NexPoint Residential Trust director Scott F. Kavanaugh received a grant of 4,800 restricted stock units on April 2, 2026. These RSUs are a form of equity compensation, not an open-market stock purchase or sale, and represent contingent rights to common shares.

The 4,800 RSUs will vest on April 2, 2027, and settlement is expected to occur within 30 days after vesting. The Compensation Committee may choose to settle the award in either shares of common stock or cash. Following this grant, Kavanaugh holds 4,800 RSUs directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider KAVANAUGH SCOTT F

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.

Key Figures

RSUs granted: 4,800 units Grant price per RSU: $0.00 Vesting date: April 2, 2027 +2 more

5 metrics

RSUs granted 4,800 units Award to director on April 2, 2026

Grant price per RSU $0.00 Equity compensation, not an open-market purchase

Vesting date April 2, 2027 RSUs vest one year after grant

Settlement window Within 30 days Settlement period after vesting of RSUs

RSUs held after grant 4,800 units Total restricted stock units directly held post-transaction

Key Terms

Restricted Stock Units, vest, settlement, Compensation Committee

4 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.

vest financial

"the reporting person was granted 4,800 restricted stock units 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 and may at the discretion of the Compensation Committee be settled in cash"

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.

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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^*

KAVANAUGH SCOTT F

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	04/02/2026		A		4,800		(2)	(2)	Common Stock	4,800	$0	4,800	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 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 Scott Kavanaugh	04/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did NexPoint Residential Trust (NXRT) report?

NexPoint Residential Trust reported that director Scott F. Kavanaugh received 4,800 restricted stock units as an equity award. The grant occurred on April 2, 2026 and represents contingent rights to receive an equal number of common shares, subject to future vesting conditions.

When do Scott F. Kavanaugh’s 4,800 NexPoint (NXRT) RSUs vest?

The 4,800 restricted stock units granted to director Scott F. Kavanaugh vest on April 2, 2027. Vesting means he becomes entitled to settlement of the award, which is expected to occur within 30 days after that date, subject to the company’s standard compensation terms.

How will the 4,800 NexPoint (NXRT) restricted stock units be settled?

After vesting, the 4,800 restricted stock units will generally be settled within 30 days. Settlement may be in shares of NexPoint Residential Trust common stock or in cash, at the discretion of the Compensation Committee, providing flexibility in how the award is ultimately delivered.

Is the 4,800-unit NexPoint (NXRT) RSU grant an open-market stock purchase?

No, the 4,800-unit grant is not an open-market purchase. It is a compensation-related award of restricted stock units, given at a grant price of $0.00 per unit, representing contingent rights to receive common shares or cash after vesting, rather than a cash stock transaction.

How many NexPoint (NXRT) RSUs does Scott F. Kavanaugh hold after this grant?

After this grant, Scott F. Kavanaugh holds 4,800 restricted stock units directly. Each unit represents a contingent right to receive one share of NexPoint Residential Trust common stock or an equivalent cash amount, subject to the vesting date and the company’s settlement decisions.