Sauter Dennis Charles Jr 4

4 · NexPoint Residential Trust, Inc. · Filed Feb 19, 2026

AI-generated summary of this filing

Updated Feb 20, 2026

NXRT GC Dennis Sauter Receives RSU Shares

What Happened

Dennis C. Sauter Jr., General Counsel and Secretary of NexPoint Residential Trust, had restricted stock units (RSUs) vest on Feb 17–18, 2026. A total of 2,431 RSUs converted into common shares (995 on Feb 17 and 1,436 on Feb 18).
To cover tax withholding, 366 shares were surrendered/disposed on Feb 17 at $29.46 for $10,782 and 549 shares were surrendered/disposed on Feb 18 at $29.93 for $16,432 — $27,214 total withheld. After withholding, Sauter netted 1,516 shares.
This is a vesting/settlement of awards (routine, not an open-market purchase or voluntary sale).

Key Details

Transaction dates: Feb 17, 2026 (995 RSUs vested; 366 shares withheld at $29.46) and Feb 18, 2026 (1,436 RSUs vested; 549 shares withheld at $29.93).
Reported on Form 4 filed Feb 19, 2026 — filing appears timely.
Transaction codes: M = conversion/exercise of derivative (RSU -> shares); F = shares withheld/sold to pay taxes.
Shares owned after the transaction: not specified in the provided filing excerpt.
Footnotes: RSUs referenced were grants from Feb 17, 2022 (4,974 RSUs, 1/5 vesting annually) and Feb 18, 2021 (7,180 RSUs, 1/5 vesting annually). Settlement generally occurs within 10 days of vesting and may be settled in cash at the Compensation Committee’s discretion.

Context

These entries reflect RSU vesting and routine tax-withholding (a cashless settlement), not an intentional open-market sale or purchase decision. Such withholding is common when awards vest and does not by itself indicate the insider’s view on the stock.

Form 4

Period: 2026-02-17

General Counsel and Secretary

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-17+995→ 18,264 total
Tax Payment
Common Stock
2026-02-17$29.46/sh−366$10,782→ 17,898 total
Exercise/Conversion
Common Stock
[F1]
2026-02-18+1,436→ 19,334 total
Tax Payment
Common Stock
2026-02-18$29.93/sh−549$16,432→ 18,785 total
Exercise/Conversion
Restricted Stock Unita
[F1][F2]
2026-02-17−995→ 994 total
→ Common Stock (995 underlying)
Exercise/Conversion
Restricted Stock Unita
[F1][F3]
2026-02-18−1,436→ 0 total
→ Common Stock (1,436 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]On February 17, 2022, the reporting person was granted 4,974 restricted stock units, which vested one-fifth on February 17, 2023, one-fifth on February 17, 2024, one-fifth on February 17, 2025, one-fifth on February 17, 2026, and which will vest and one-fifth on February 17, 2027. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
[F3]On February 18, 2021, the reporting person was granted 7,180 restricted stock units, which vested one-fifth on February 18, 2022, one-fifth on February 18, 2023, one-fifth on February 18, 2024, one-fifth on February 18, 2025, and one-fifth on February 18, 2026. 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 D.C. Sauter|2026-02-19

1 file