McGraner Matt 4

What Happened Matt McGraner, Executive Vice President and Chief Investment Officer of NexPoint Residential Trust (NXRT), had restricted stock units (RSUs) vest and converted to common shares on February 17–18, 2026. He acquired 8,810 shares on Feb 17 and 15,182 shares on Feb 18 (total 23,992). To satisfy tax withholding, 2,978 shares were withheld on Feb 17 at $29.46 (value $87,732) and 4,764 shares were withheld on Feb 18 at $29.93 (value $142,587), for a combined withholding of 7,742 shares and $230,319. The RSU conversions show $0 exercise price (conversion of award rather than a paid option exercise).

Key Details

• Transaction dates: Feb 17, 2026 (8,810 shares acquired; 2,978 withheld) and Feb 18, 2026 (15,182 shares acquired; 4,764 withheld).
• Withholding sale prices/values: $29.46 → $87,732; $29.93 → $142,587; total withheld proceeds $230,319.
• Total shares acquired via conversion: 23,992; total shares withheld for taxes: 7,742.
• These transactions reflect settlement of previously granted RSUs (see footnotes: grants from Feb 2021 and Feb 2022 with staged vesting). Each RSU converts to one share.
• Holdings after the transactions are not specified in this filing.
• Filing date: Feb 19, 2026 — the Form 4 was filed promptly (not marked late).
• Footnotes: shares are held in trust or an LLC in some cases and Mr. McGraner disclaims beneficial ownership except to the extent of his pecuniary interest.

Context This was a routine RSU vesting and settlement with a cashless-style withholding to cover tax liabilities (common for equity awards). The conversion entries (derivative exercise/conversion) show no cash paid for exercise; the withholding entries are recorded as disposals to satisfy taxes. Such withholding-based disposals are administrative and do not necessarily indicate a change in insider sentiment.