secwatch.observer — SEC 8-K summary
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Issuer:     NexPoint Residential Trust, Inc. (NXRT)
CIK:        0001620393
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001437749-24-035329
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1620393/000143774924035329/0001437749-24-035329-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1620393/000143774924035329/nxrt20241113_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-035329

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer