Amendment: SEC Form SCHEDULE 13D/A filed by NexPoint Residential Trust Inc.
$NXRT
Real Estate Investment Trusts
Real Estate
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 16)
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NexPoint Residential Trust, Inc. (Name of Issuer) |
Common Stock, par value $0.01 per share (Title of Class of Securities) |
65341D102 (CUSIP Number) |
Stephanie Vitiello 300 Crescent Court, Suite 700 Dallas, TX, 75201 214-453-6500 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
12/31/2025 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
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| CUSIP No. | 65341D102 |
| 1 |
Name of reporting person
DONDERO JAMES D | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
 (b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
AF, WC | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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| 6 | Citizenship or place of organization
UNITED STATES
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
3,272,324.48 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
12.9 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
HC, IN |
SCHEDULE 13D
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| CUSIP No. | 65341D102 |
| 1 |
Name of reporting person
NexPoint Advisors, L.P. | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
AF, OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
153,470.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
0.6 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IA, PN |
SCHEDULE 13D
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| CUSIP No. | 65341D102 |
| 1 |
Name of reporting person
NEXPOINT ASSET MANAGEMENT, L.P. | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
WC | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
409,063.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
1.6 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IA, PN |
SCHEDULE 13D
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| CUSIP No. | 65341D102 |
| 1 |
Name of reporting person
Nancy Marie Dondero | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
AF | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
UNITED STATES
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
2,161,144.80 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
8.5 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13D
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| Item 1. | Security and Issuer | |
| (a) | Title of Class of Securities:
Common Stock, par value $0.01 per share | |
| (b) | Name of Issuer:
NexPoint Residential Trust, Inc. | |
| (c) | Address of Issuer's Principal Executive Offices:
300 CRESCENT COURT, SUITE 700, DALLAS,
TEXAS
, 75201. | |
Item 1 Comment:
This Amendment No. 16 (this "Amendment") is being filed on behalf of James D. Dondero, NexPoint Advisors, L.P., a Delaware limited partnership ("NexPoint Advisors"), NexPoint Asset Management, L.P., a Delaware limited partnership ("NAMLP"), and Nancy Marie Dondero (collectively, the "Reporting Persons"), and amends the Schedule 13D filed with the United States Securities and Exchange Commission on March 26, 2015, as subsequently amended on April 14, 2015, as subsequently amended on April 23, 2015, as subsequently amended on April 28, 2015, as subsequently amended on September 2, 2015, as subsequently amended on October 19, 2015, as subsequently amended on July 22, 2016, as subsequently amended on October 27, 2016, as subsequently amended on April 17, 2017, as subsequently amended on March 27, 2018, as subsequently amended on July 26, 2018, as subsequently amended on November 20, 2018, as subsequently amended on March 23, 2020, as subsequently amended on March 30, 2020, as subsequently amended on July 13, 2022 and as subsequently amended on January 29, 2024 (the "Schedule 13D"). The Schedule 13D is supplementally amended as follows. | ||
| Item 3. | Source and Amount of Funds or Other Consideration | |
The responses to Items 4, 5 and 6 of the Schedule 13D are incorporated herein by reference.
On December 31, 2025, the Reporting Persons, directly and indirectly, acquired 24,764.57 shares of Common Stock through the Issuer's Dividend Reinvestment Plan (the "DRIP") at an aggregate value of $742,249.56.
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| Item 5. | Interest in Securities of the Issuer | |
| (a) | As of December 31, 2025, (i) James D. Dondero may be deemed to beneficially own 3,272,324.48 shares of Common Stock, which represents approximately 12.9% of the outstanding shares of Common Stock; (ii) NexPoint Advisors may be deemed to beneficially own 153,470 shares of Common Stock, which represents approximately 0.6% of the outstanding shares of Common Stock; (iii) NAMLP may be deemed to beneficially own 409,063 shares of Common Stock, which represents approximately 1.6% of the outstanding shares of Common Stock; and (iv) Nancy Marie Dondero, held in a joint account and in her capacity of trustee of a trust, may be deemed to beneficially own 2,161,144.80 shares of Common Stock, which represents approximately 8.5% of the outstanding shares of Common Stock. James D. Dondero has the right to acquire beneficial ownership of the 2,146,727.7959 shares of Common Stock owned by the trust. | |
| (b) | (1) James D. Dondero has sole voting power and sole dispositive power with respect to 548,011.93 shares of Common Stock and shared voting power and shared dispositive power with respect to 2,724,312.55 shares of Common Stock. These shares are held by James D. Dondero both directly and indirectly through NexPoint Advisors and NAMLP (as described in Items 5(b)(2)-(3) below), accounts advised by other affiliated investment advisors, an employee benefit plan and a trust. These shares also include shares that James D. Dondero has the right to acquire beneficial ownership of that are held by the trust referred to in Item 5(a), for which he does not serve as trustee. James D. Dondero is the sole member of NexPoint Advisors' general partner, and he may be deemed to be an indirect beneficial owner of the shares held by NexPoint Advisors. James D. Dondero is also the sole stockholder and director of NAMLP's general partner, and he may be deemed to be an indirect beneficial owner of the shares held by NAMLP. James D. Dondero disclaims beneficial ownership of such shares.
(2) NexPoint Advisors has sole voting power and sole dispositive power with respect to 0 shares of Common Stock and shared voting power and shared dispositive power with respect to 153,470 shares of Common Stock. These shares are held by NexPoint Advisors indirectly through advised accounts. James D. Dondero is the sole member of NexPoint Advisors' general partner, and he may be deemed to be an indirect beneficial owner of the shares held by NexPoint Advisors.
(3) NAMLP has sole voting power and sole dispositive power with respect to 0 shares of Common Stock and shared voting power and shared dispositive power with respect to 409,063 shares of Common Stock. These shares are held by NAMLP indirectly through advised accounts. James D. Dondero is the sole stockholder and director of NAMLP's general partner, and he may be deemed to be an indirect beneficial owner of the shares held by NAMLP.
(4) Nancy Marie Dondero has sole voting power and sole dispositive power with respect to 14,417 shares of Common Stock and shared voting power and shared dispositive power with respect to 2,146,727.7959 shares of Common Stock. These shares include shares that Nancy Marie Dondero may be deemed to beneficially own as the trustee of the trust referred to in Item 5(a) and through direct ownership in a shared account. Nancy Marie Dondero is the sister of James D. Dondero and disclaims beneficial ownership of such shares. | |
| (c) | Except for the acquisition of 24,764.57 shares of Common Stock under the DRIP on December 31, 2025, the Reporting Persons did not acquire or dispose of any Common Stock in the 60 days preceding the date hereof. | |
| (d) | No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the Common Stock. | |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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