McGraner Matt 4

4 · NexPoint Residential Trust, Inc. · Filed May 27, 2026

AI-generated summary of this filing

Updated May 28, 2026

NXRT Exec VP Matt McGraner Receives 19,577 RSUs; 8,242 Withheld

What Happened

Matt McGraner, Executive Vice President and Chief Investment Officer of NexPoint Residential Trust (NXRT), had 19,577 restricted stock units (RSUs) convert to common shares on 2026-05-22. Of those, 8,242 shares were withheld to cover tax withholding at $29.74 per share (total $245,117), leaving a net of 11,335 shares delivered to him.
The conversion shows a $0.00 exercise price, consistent with RSU settlement rather than a cash exercise of stock options.

Key Details

Transaction date: 2026-05-22; Form 4 filed: 2026-05-27 (filed five days after the transaction; outside the typical 2-business-day window).
Vested/conversion: 19,577 shares; Tax-withheld/disposed: 8,242 shares at $29.74 for $245,117; Net shares received: 11,335.
Footnotes: F1 = each RSU converts to one common share; F4 = these RSUs were from a 4/22/2025 grant (97,883 RSUs) with one-fifth vesting on 4/22/2026 and remaining portions vesting through 2029. F2/F3 note some shares are held via an LLC or trust for which Mr. McGraner disclaims beneficial ownership except to his pecuniary interest.
Shares owned after the transaction: not specified in the Form 4 (filing shows the vesting/withholding but does not list total beneficial holdings in this filing).

Context

This was a routine vesting/settlement of RSUs with a share-withholding tax payment (a common, non-market-sale transaction). The withholding is effectively a cashless way to pay taxes and does not necessarily indicate a market-driven sale.
Remaining RSUs from the April 2025 grant will vest on scheduled dates through Feb 15, 2029, per the footnote.

Form 4

Period: 2026-05-22

See Remarks

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-05-22+19,577→ 359,066.6 total
Tax Payment
Common Stock
2026-05-22$29.74/sh−8,242$245,117→ 350,824.6 total
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-05-22−19,577→ 78,306 total
→ Common Stock (19,577 underlying)

Holdings

Footnotes (4)

[F1]Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc.
[F2]These shares are held by a limited liability company in which Mr. McGraner owns an indirect minority interest. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
[F3]These shares are held in a trust. Mr. McGraner is the trustee of the trust. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
[F4]On April 22, 2025, the reporting person was granted 97,883 restricted stock units which vested one-fifth on April 22, 2026 and which will vest one-fifth on February 15, 2027, one-fifth on February 15, 2028 and two-fifths on February 15, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Signature

/s/ Paul Richards as attorney-in-fact for Matthew R. McGraner|2026-05-27

1 file