Form 4: NexPoint Residential Trust Executive VP Matthew McGraner Reports Stock Transactions
SEC Form 4
Executive VP and Chief Investment Officer of NexPoint Residential Trust, Matthew McGraner, reports acquisition and disposal of common stock and restricted stock units.
Summary
- On March 28, 2025, Matthew McGraner, Executive VP and Chief Investment Officer of NexPoint Residential Trust, reported transactions involving the company's common stock and restricted stock units.
- McGraner acquired 15,870 shares of common stock through the vesting of restricted stock units.
- He also disposed of 6,838 shares to cover tax obligations at a price of $39.08 per share.
- Following these transactions, McGraner directly owns 292,073 shares of common stock.
- Additionally, he has indirect ownership through a 401(k) plan (13,053.94 shares), a limited liability company (16,986 shares), and a trust (108,630.25 shares).
- McGraner also directly owns 47,610 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding insider activity.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 03/28/2023 | Reporting person was granted 79,350 restricted stock units which vested one-fifth on March 28, 2024 and one-fifth on March 28, 2025, and which will vest one-fifth on March 28, 2026, one-fifth on March 28, 2027 and one-fifth on March 28, 2028. |
| 03/28/2024 | One-fifth of the 79,350 restricted stock units granted on March 28, 2023 vested. |
| 03/28/2025 | McGraner acquired 15,870 shares of common stock through vesting of restricted stock units and disposed of 6,838 shares for tax obligations. |
| 03/28/2026 | One-fifth of the 79,350 restricted stock units granted on March 28, 2023 will vest. |
| 03/28/2027 | One-fifth of the 79,350 restricted stock units granted on March 28, 2023 will vest. |
| 03/28/2028 | One-fifth of the 79,350 restricted stock units granted on March 28, 2023 will vest. |
| 04/01/2025 | Date of Power of Attorney execution. |
Keywords
Form 4, NXRT, NexPoint Residential Trust, Matthew McGraner, Stock Transactions, Restricted Stock Units, Beneficial Ownership, Executive VP, Chief Investment Officer
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