Richards Paul 4

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.