Constantino Edward N. 4

What Happened
Edward N. Constantino, a director of NexPoint Residential Trust, Inc. (NXRT), received a grant of 4,800 restricted stock units (RSUs) on April 2, 2026. The award was recorded at $0.00 at grant (derivative award of RSUs), so no cash changed hands at the time of grant. The RSUs represent a contingent right to receive one share per unit upon settlement.

Key Details

• Transaction date: April 2, 2026. Filing date: April 6, 2026 (timely under the 2 business‑day Form 4 rule).
• Transaction type/code: A = Award/Grant; instrument: restricted stock units (derivative).
• Quantity and price: 4,800 RSUs @ $0.00 (no immediate cash value recorded in the Form 4).
• Vesting/settlement: RSUs vest on April 2, 2027; settlement generally occurs within 30 days of vesting and may be paid in cash at the Compensation Committee’s discretion (footnotes F1–F2).
• Shares owned after transaction: Not specified in the provided filing.

Context
RSU grants are a common form of director compensation and do not represent an open‑market purchase or sale. Because these units vest in one year and may be settled in shares or cash, they signal a deferred compensation award rather than an immediate change in ownership or trading intent.