X0306 4 2020-02-20 0 0001620393 NexPoint Residential Trust, Inc. NXRT 0001090307 LAFFER ARTHUR B 300 CRESCENT COURT, SUITE 700 DALLAS TX 75201 1 0 0 0 Restricted Stock Units 2020-02-20 4 A 0 2765 0.00 A Common Stock 2765 2765 D Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Residential Trust, Inc. The restricted stock units vest on February 20, 2021. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash. /s/ Brian Mitts, as attorney-in-fact 2020-02-24