Richards Paul 4
4 · NexPoint Residential Trust, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
NexPoint Residential (NXRT) CFO Paul Richards Buys 1,000 Shares
What Happened
Paul Richards, Chief Financial Officer (also Executive VP‑Finance, Treasurer and Assistant Secretary) of NexPoint Residential Trust, purchased 1,000 shares of NXRT in open‑market transactions on March 6, 2026. The reported weighted average price was $27.33 per share, for a total purchase value of approximately $27,330. A footnote states the shares were bought in multiple trades at prices ranging from $27.30 to $27.35.
Key Details
- Transaction date: 2026-03-06
- Transaction type/code: Open market purchase (P)
- Shares acquired: 1,000 at a weighted avg price of $27.33 (range $27.30–$27.35)
- Total reported value: ~$27,330
- Shares owned after transaction: Not specified in the provided filing details
- Footnote: Weighted average price; reporting person can provide a breakdown of shares bought at each price in the stated range upon request (Footnote F1)
- Filing date: Form 4 filed 2026-03-09 (no timeliness flag provided in the supplied data)
Context
This was an outright purchase rather than a sale or option exercise—insider purchases are often viewed as a more informative signal than sales but do not by themselves indicate the insider’s motive. No 10b5‑1 plan, gift, tax withholding, or derivative activity was reported in the provided details.
Insider Transaction Report
- Purchase
Common Stock
[F1]2026-03-06$27.33/sh+1,000$27,330→ 26,186 total
- 3,788(indirect: By 401(k))
Common Stock
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $27.30 to $27.35, inclusive. The reporting person undertakes to provide to NexPoint Residential Trust, Inc., any security holder of NexPoint Residential Trust, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.