KAVANAUGH SCOTT F 4

What Happened

• Scott F. Kavanaugh, a director of NexPoint Residential Trust, Inc. (NXRT), was granted 4,800 restricted stock units (RSUs) on April 2, 2026. The Form 4 reports the acquisition as a derivative award (code A) with a reported price of $0.00 (typical for RSU grants).
• These RSUs represent a contingent right to receive common stock and will vest on April 2, 2027. Settlement is expected to occur generally within 30 days of vesting and, at the Compensation Committee’s discretion, may be settled in cash instead of shares.

Key Details

• Transaction date: April 2, 2026; Filing date (Form 4): April 6, 2026.
• Shares/units granted: 4,800 RSUs; Reported price: $0.00 (derivative award).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 clarifies each RSU equals a contingent right to one share; F2 states vesting on 4/2/2027 and settlement timing/cash option.
• Transaction code: A (award/grant of a derivative security). Filing timeliness not flagged in the provided data.

Context

• RSU grants are compensation-related awards, not open-market purchases or sales; they do not necessarily indicate immediate bullish or bearish insider sentiment. The award will only convert to stock (or cash) if vesting conditions are met on the specified date.