Mitts Brian 4

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

AI-generated summary of this filing

Updated Mar 18, 2026

NexPoint (NXRT) Director Brian Mitts Receives RSUs; Shares Withheld

What Happened

Brian Mitts, a director of NexPoint Residential Trust, reported vesting/conversion of 3,540 restricted stock units (RSUs) on March 13, 2026. As part of the vesting, 745 shares were withheld to satisfy tax withholding at $25.73 per share (total $19,169). The filing also shows 531 shares were disposed to the issuer and related derivative conversion/disposition entries associated with the RSU settlement. No open-market purchase was made — this appears to be routine compensation vesting and settlement.

Key Details

Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (filed on time).
Reported actions/codes: M = conversion of derivative (RSU) for 3,540 shares; F = tax withholding of 745 shares @ $25.73 (=$19,169); D = disposition to issuer of 531 shares.
Shares owned after the transactions: not disclosed in the filing.
Footnotes: F1 clarifies each RSU equals one share; F2 says a portion of the vested RSUs settled in cash; F3 describes the original 17,699-RSU grant with one-fifth vesting each year Mar 13 (2025–2029).
No 10b5-1 plan or late filing flags noted.

Context

This is a standard RSU vesting event, not an open-market sale or purchase. Part of a multi-year RSU grant made Mar 13, 2024 that vests in five annual installments; some vested units may be settled in cash and some shares are routinely withheld or surrendered to cover taxes. Such transactions are typically routine compensation-related activity rather than a direct signal of insider sentiment.

Form 4

Period: 2026-03-13

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-13+3,540→ 57,786 total
Disposition to Issuer
Common Stock
[F2]
2026-03-13−531→ 57,255 total
Tax Payment
Common Stock
2026-03-13$25.73/sh−745$19,169→ 56,510 total
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-03-13−3,540→ 10,619 total
→ Common Stock (3,540 underlying)

Footnotes (3)

[F1]Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
[F2]Represents the portion of the previously reported restricted stock unit grant that vested on March 13, 2026 and settled in cash.
[F3]On March 13, 2024, the reporting person was granted 17,699 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 Brian Mitts|2026-03-17

1 file