McGraner Matt 4

4 · NexPoint Residential Trust, Inc. · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 18, 2026

NexPoint Residential (NXRT) Exec VP & CIO Matt McGraner Exercises RSUs

What Happened

Matt McGraner, Executive Vice President and Chief Investment Officer of NexPoint Residential Trust (NXRT), had 22,350 restricted stock units (RSUs) convert to common shares on March 13, 2026. Of those, 9,837 shares were surrendered/withheld to cover taxes at $25.73 per share, totaling $253,106. The conversion resulted in a net issuance of 12,513 shares to Mr. McGraner.

Key Details

Transaction date: March 13, 2026 (Form 4 filed March 17, 2026 — timely within the 2-business-day window).
Vesting/conversion: 22,350 RSUs converted to common shares (reported as derivative exercise/conversion, code M).
Tax withholding: 9,837 shares withheld/disposed at $25.73/share for $253,106 (code F).
Net shares delivered to insider: 12,513 (22,350 vested − 9,837 withheld).
Footnotes: F1 defines RSUs (each RSU = one share). F4 notes these RSUs were part of a prior 111,752-RSU grant with scheduled multi-year vesting (one-fifth vested 3/13/2026); settlement generally occurs within 10 days and may be in cash. F2/F3 indicate certain shares are held in entities/trusts in which Mr. McGraner disclaims beneficial ownership except for his pecuniary interest.
Shares owned after the transaction: not specified in this filing.

Context

This was a standard RSU vesting and tax-withholding event (conversion of derivative awards), not an open-market buy or sell. Withholding shares to satisfy tax obligations is a routine administrative step and does not necessarily signal a change in insider confidence.

Form 4

Period: 2026-03-13

See Remarks

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-13+22,350→ 339,171 total
Tax Payment
Common Stock
2026-03-13$25.73/sh−9,837$253,106→ 329,334 total
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-03-13−22,350→ 67,050 total
→ Common Stock (22,350 underlying)

Holdings

Footnotes (4)

[F1]Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
[F2]These shares are held by a limited liability company in which Mr. McGraner owns an indirect minority interest. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
[F3]These shares are held in a trust. Mr. McGraner is the trustee of the trust. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
[F4]On March 13, 2024, the reporting person was granted 111,752 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.

Signature

/s/ Paul Richards as attorney-in-fact for Matthew R. McGraner|2026-03-17

1 file