NexPoint Residential holders approve 2025 LTIP; Dondero tenders board resignation
At its May 20, 2025 annual meeting, NexPoint Residential Trust stockholders approved the 2025 Long Term Incentive Plan and the other matters on the ballot, including the advisory say-on-pay vote and the KPMG LLP auditor ratification. Director James Dondero received more votes withheld than for, so under the company's majority voting policy he tendered a conditional resignation, and the board must decide within 90 days whether to accept it.
Key points
- 2025 LTIP approved: 18,716,258 votes for, 1,081,993 against and 21,950 abstentions.
- James Dondero received 9,787,340 votes for and 10,032,861 withheld; his conditional resignation is pending board action within 90 days of certification.
- KPMG LLP ratified as independent registered public accounting firm for 2025: 21,900,535 for and 531,027 against.
- 25,534,466 shares were entitled to vote, as of the March 24, 2025 record date.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 20, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.