Dennis Charles Sauter Jr. - 18 Mar 2025 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Role
General Counsel and Secretary Exhibit List: Exhibit 24 – Power of Attorney
Signature
/s/ Paul Richards, as attorney-in-fact for D.C. Sauter
Issuer symbol
NXDT
Transactions as of
18 Mar 2025
Net transactions value
-$3,572
Form type
4
Filing time
20 Mar 2025, 21:08:32 UTC
Previous filing
17 Mar 2025
Next filing
01 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 +2,677 +151% 4,448 18 Mar 2025 Direct F1, F2
transaction NXDT Common Stock Tax liability $3,572 -916 -21% $3.90 3,532 18 Mar 2025 Direct

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 -2,677 -25% $0.000000 8,037 18 Mar 2025 Common Shares 2,677 Direct F1, F3
* 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 shares received pursuant to elective stock dividends paid on the Company's common shares.
F3 On March 18, 2024, the reporting person was granted 10,714 restricted shares units. The restricted shares units vested one-fourth on March 18, 2025, and will vest one-fourth on March 18, 2026, one-fourth on March 18, 2027 and one-fourth on March 18, 2028. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

General Counsel and Secretary Exhibit List: Exhibit 24 – Power of Attorney