Wood Catherine D. 4
4 · NexPoint Residential Trust, Inc. · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
NexPoint Residential (NXRT) Director Catherine D. Wood Receives RSU Award
What Happened
Catherine D. Wood, a director of NexPoint Residential Trust, Inc. (NXRT), received a grant of 4,800 restricted stock units (RSUs) on April 2, 2026. The Form 4 records the acquisition price as $0.00 because these are derivative awards (not an open-market purchase or sale). The RSUs represent contingent rights to receive common stock and will vest on April 2, 2027; settlement will generally occur within 30 days of vesting and may, at the Compensation Committee’s discretion, be made in cash.
Key Details
- Transaction date: April 2, 2026; Form 4 filed April 6, 2026.
- Award: 4,800 restricted stock units (RSUs) shown at $0.00 per unit (derivative award).
- Vesting/settlement: Vest on April 2, 2027; settlement generally within 30 days of vesting; may be settled in cash per the Compensation Committee (see footnotes).
- Footnotes: Each RSU equals a contingent right to one share of common stock.
- Shares owned after transaction: not specified in this filing.
- Filing timeliness: filing date included; the report does not indicate any special late-filing notation.
Context: RSU grants are standard compensation awards and do not represent an immediate purchase or sale of shares. They convert into stock (or cash) only upon vesting, so they are not an immediate bullish market signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-04-02+4,800→ 4,800 total→ Common Stock (4,800 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 4,800 restricted stock units which will vest on April 2, 2027. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.