Mitts Brian 4

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

AI-generated summary of this filing

Updated Feb 20, 2026

NexPoint (NXRT) Director Brian Mitts Receives Vested RSUs; Shares Sold

What Happened

Brian Mitts, a director of NexPoint Residential Trust, had restricted stock units (RSUs) settle on February 17 and 18, 2026. A total of 4,203 shares were issued on conversion of RSUs (1,989 on Feb 17 and 2,214 on Feb 18).
To satisfy tax withholding, 1,088 shares were withheld on Feb 17 at $29.46 for $32,052 and 1,317 shares were withheld on Feb 18 at $29.93 for $39,418 — total tax withholding ≈ $71,470. RSU exercise/conversion is reported with a $0 exercise price (typical for RSU settlement).

Key Details

Transaction dates: Feb 17, 2026 (1,989 shares settled; 1,088 shares withheld) and Feb 18, 2026 (2,214 shares settled; 1,317 shares withheld).
Prices reported for withholding sales: $29.46 and $29.93; total cash withheld ≈ $71,470.
Net shares delivered to Mitts after withholding: 4,203 issued − 2,405 withheld = 1,798 net shares.
Footnotes: F1–F3 state each RSU converts to one common share; the RSUs were granted in Feb 2021 and Feb 2022 with multi‑year vesting schedules and settlement generally occurs within 10 days of vesting (may be settled in cash at the Compensation Committee’s discretion).
Filing: Form 4 filed Feb 19, 2026 reporting Feb 17–18 transactions (no late‑filing indication in the reported data).

Context

These transactions are routine RSU vesting and tax‑withholding actions, not open‑market purchases or sales for investment reasons. RSUs have $0 exercise price; withholding of shares to cover taxes is a common administrative step and does not necessarily indicate sentiment about the company.

Form 4

Period: 2026-02-17

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-17+1,989→ 54,437 total
Tax Payment
Common Stock
2026-02-17$29.46/sh−1,088$32,052→ 53,349 total
Exercise/Conversion
Common Stock
[F1]
2026-02-18+2,214→ 55,563 total
Tax Payment
Common Stock
2026-02-18$29.93/sh−1,317$39,418→ 54,246 total
Exercise/Conversion
Restricted Stock Units
[F1][F2]
2026-02-17−1,989→ 1,989 total
→ Common Stock (1,989 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-02-18−2,214→ 0 total
→ Common Stock (2,214 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 9,947 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 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 11,078 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 Brian Mitts|2026-02-19

1 file