Paul Richards - 03 Apr 2025 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Role
Chief Financial Officer, Executive VP-Finance, Treasurer and Assistant Secretary
Signature
/s/ Paul Richards
Issuer symbol
NXDT
Transactions as of
03 Apr 2025
Net transactions value
+$238,335
Form type
4
Filing time
07 Apr 2025, 19:03:34 UTC
Previous filing
01 Apr 2025
Next filing
09 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 Purchase $220,545 +58,500 +176% $3.77 91,830 03 Apr 2025 Direct F1, F2
transaction NXDT Common Stock Purchase $29,410 +8,500 +9.3% $3.46 100,330 04 Apr 2025 Direct F3
transaction NXDT Common Stock Options Exercise +5,597 +5.6% 105,927 04 Apr 2025 Direct F4
transaction NXDT Common Stock Tax liability $11,620 -3,368 -3.2% $3.45 102,559 04 Apr 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 Award $0 +39,069 $0.000000 39,069 03 Apr 2025 Common Shares 39,069 Direct F4, F5
transaction NXDT Restricted Shares Units Options Exercise $0 -5,597 -33% $0.000000 11,194 04 Apr 2025 Common Shares 5,597 Direct F4, F6
* 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 $3.74 to $3.79, inclusive. The reporting person undertakes to provide to NexPoint Diversified Real Estate Trust, any security holder of NexPoint Diversified Real Estate Trust, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (3) to this Form 4.
F2 Includes shares received pursuant to an elective stock dividend paid on the Company's common shares.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranges from $3.44 to $3.47, inclusive.
F4 Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.
F5 On April 3, 2025, the reporting person was granted 39,069 restricted shares units. The restricted shares units will vest one-fourth on April 3, 2026, one-fourth on February 15, 2027, one-fourth on February 15, 2028 and one-fourth on February 15, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash
F6 On April 4, 2023, the reporting person was granted 22,388 restricted shares units. The restricted shares units vested one-fourth on April 4, 2024 and one-fourth on April 4, 2025, and will vest one-fourth on April 4, 2026 and one-fourth on April 4, 2027. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

Chief Financial Officer, Executive VP-Finance, Treasurer and Assistant Secretary