---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-035329"
form_type: "8-K"
ticker: "NXRT"
cik: "0001620393"
company_name: "NexPoint Residential Trust, Inc."
filed_at: "2024-11-14T23:59:59+00:00"
generated_at: "2026-05-30T00:29:18.806879+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-24-035329
- form_type: 8-K
- ticker: NXRT
- cik: 0001620393
- company_name: NexPoint Residential Trust, Inc.
- filed_at: 2024-11-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1620393/000143774924035329/0001437749-24-035329-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1620393/000143774924035329/nxrt20241113_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-035329
- JSON: https://secwatch.observer/filing/0001437749-24-035329.json
- Plain text: https://secwatch.observer/filing/0001437749-24-035329.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1620393/000143774924035329/0001437749-24-035329-index.htm
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1620393/000143774924035329/0001437749-24-035329-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.