NexPoint Residential CFO Brian Mitts resigns, Paul Richards named successor effective Jan 1, 2025

NexPoint Residential Trust, Inc.

Brian Mitts resigned as CFO, EVP-Finance, Secretary & Treasurer, effective Dec 31, 2024; will remain on Board.
Separation agreement: two $200K payments (Feb 28 & Aug 29, 2025) plus 12 months COBRA subsidy.
Outstanding RSUs amended to treat director service as continued employment for vesting; 'Qualifying Termination' expanded.
Paul Richards (36) appointed CFO, EVP-Finance, Treasurer & Assistant Secretary effective Jan 1, 2025; previously VP roles at affiliates.
David Willmore appointed Chief Accounting Officer, Assistant Treasurer & Assistant Secretary effective Jan 1, 2025.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Paul Richards

Chief Financial Officer, Executive VP-Finance, Treasurer and Assistant Secretary

NXRT · NexPoint Residential Trust, Inc.

Effective: 2025-01-01
Filed: November 14, 2024, 6:59 PM ET

the Board appointed Paul Richards as the Company’s Chief Financial Officer, Executive VP-Finance, Treasurer and Assistant Secretary, effective as of 12:00 a.m. Central Time on January 1, 2025.

Departed

Brian Mitts

Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer

NXRT · NexPoint Residential Trust, Inc.

Effective: 2024-12-31
Successor: Paul Richards
Filed: November 14, 2024, 6:59 PM ET

Brian Mitts resigned effective as of 11:59 p.m. Central Time on December 31, 2024 from his positions as Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer of NexPoint Residential Trust, Inc.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul Richards was appointed as Chief Financial Officer, Executive VP-Finance, Treasurer and Assistant Secretary at NexPoint Residential Trust, Inc..

Action: appointed
Role: Chief Financial Officer, Executive VP-Finance, Treasurer and Assistant Secretary

Exact text from the filing

the Board appointed Paul Richards as the Company’s Chief Financial Officer, Executive VP-Finance, Treasurer and Assistant Secretary, effective as of 12:00 a.m. Central Time on January 1, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian Mitts resigned as Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer at NexPoint Residential Trust, Inc..

Action: resigned
Role: Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer

Exact text from the filing

Brian Mitts resigned effective as of 11:59 p.m. Central Time on December 31, 2024 from his positions as Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer of NexPoint Residential Trust, Inc.

View on SEC.gov

NexPoint Residential Trust, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-24-035329

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