Matt McGraner - May 10, 2023 Form 4 Insider Report for NexPoint Real Estate Finance, Inc. (NREF)

Role: Executive VP and Chief Investment Officer
Signature: /s/ Brian Mitts, as attorney-in-fact for Matt McGraner
Stock symbol: NREF
Transactions as of: May 10, 2023
Transactions value $: $26,100
Form type: 4
Date filed: 5/12/2023, 04:31 PM
Previous filing: May 10, 2023
Next filing: May 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NREF	Common Stock	Purchase	$26.1K	+2K	+1.46%	$13.05	139K	May 10, 2023	Direct	F1
holding	NREF	Common Stock						1.8K	May 10, 2023	See Footnote	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.05 to $13.08, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2	These shares are held by a limited liability company in which Mr. McGraner owns an indirect minority interest. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.05 to $13.08, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.

These shares are held by a limited liability company in which Mr. McGraner owns an indirect minority interest. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Remarks:

Executive VP and Chief Investment Officer