SCOTT KAVANAUGH - 18 Mar 2025 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Role
Director
Signature
/s/ Paul Richards as attorney-in-fact for Scott Kavanaugh
Issuer symbol
NXDT
Transactions as of
18 Mar 2025
Transactions value $
$0
Form type
4
Filing time
20 Mar 2025, 21:07:24 UTC
Previous filing
17 Mar 2025
Next filing
07 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXDT Common Stock Options Exercise +11.7K 11.7K 18 Mar 2025 Direct F1
holding NXDT Common Stock 52K 18 Mar 2025 By Benefit Plan F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NXDT Restricted Shares Units Options Exercise $0 -11.7K -100% $0.00 0 18 Mar 2025 Common Shares 11.7K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.
F2 Includes 7,463 shares previously owned directly which were contributed to a defined plan for the benefit of the reporting person on March 8, 2024 and shares acquired pursuant to elective stock dividends paid on the Company's common shares.
F3 These shares are held in a defined plan for the benefit of the reporting person.
F4 On March 18, 2024, the reporting person was granted 11,698 restricted shares units which vested on March 18, 2025. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

Exhibit List: Exhibit 24 – Power of Attorney