DONDERO JAMES D 4
4 · NexPoint Residential Trust, Inc. · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
NexPoint (NXRT) 10% Owner James Dondero Receives RSU Award
What Happened
James D. Dondero, a 10% owner of NexPoint Residential Trust, was granted 123,900 restricted stock units (RSUs) on April 2, 2026. The award is reported as a derivative acquisition (Form 4 code A) at $0.00 per unit (no cash paid at grant). The Form 4 was filed on April 6, 2026 (within the required reporting window).
Key Details
- Transaction date and type: 2026-04-02 — Grant/Award of 123,900 RSUs (derivative) at $0.00 each.
- Filing: Form 4 accession 0001437749-26-011491 filed 2026-04-06 (timely).
- Vesting schedule (from footnote): 1/5 vests on 2027-04-02; 1/5 on 2028-02-15; 1/5 on 2029-02-15; 2/5 on 2030-02-15.
- Settlement: RSUs generally settled within 10 days of vesting; Compensation Committee may elect cash settlement.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Reporting status: Dondero is listed as a 10% owner (insider disclosure).
Context
Restricted stock units are contingent rights to receive common shares upon vesting — they do not represent immediately transferable shares and typically reflect compensation or retention incentives rather than a direct market purchase. Because these are awards, they are informative about insider compensation/ownership changes but do not by themselves signal a buy or sell decision.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-04-02+123,900→ 123,900 total→ Common Stock (123,900 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
- [F2]On April 2, 2026, the reporting person was granted 123,900 restricted stock units. The restricted stock units will vest one-fifth on April 2, 2027, one-fifth on February 15, 2028, one-fifth on February 15, 2029 and two-fifths on February 15, 2030. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.