Richards Paul 4
4 · NexPoint Residential Trust, Inc. · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
NexPoint Residential (NXRT) CFO Paul Richards Receives RSU Award
What Happened Paul Richards, Chief Financial Officer (also Executive VP‑Finance, Treasurer and Assistant Secretary) of NexPoint Residential Trust, Inc. (NXRT), was granted 31,900 restricted stock units (RSUs) on April 2, 2026. The award is reported as a derivative acquisition at $0.00 per unit (no cash exchanged at grant). RSUs represent a contingent right to receive one share of common stock upon settlement.
Key Details
- Transaction date: April 2, 2026 — Grant of 31,900 RSUs at $0.00 (derivative award).
- Vesting schedule: 1/5 vest on April 2, 2027; 1/5 on Feb 15, 2028; 1/5 on Feb 15, 2029; 2/5 on Feb 15, 2030.
- Settlement: Generally within 10 days of each vesting date; Compensation Committee may elect cash settlement.
- Shares owned after transaction: Not disclosed in this Form 4.
- Filing: Reported on Form 4 filed April 6, 2026 (timely filing).
Context RSUs are a common form of executive compensation and represent future delivery of shares (or cash) upon vesting rather than an immediate market purchase or sale. Such awards are typically retention/compensation instruments and do not by themselves indicate a personal buy or sell decision.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-04-02+31,900→ 31,900 total→ Common Stock (31,900 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 31,900 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.