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

Role
Director
Signature
/s/ Paul Richards, as attorney-in-fact for Brian Mitts
Issuer symbol
NXDT
Transactions as of
03 Apr 2025
Net transactions value
-$14,800
Form type
4
Filing time
07 Apr 2025, 19:05:36 UTC
Previous filing
01 Apr 2025
Next filing
15 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 +7,462 +35% 29,045 04 Apr 2025 Direct F1
transaction NXDT Common Stock Tax liability $14,800 -4,290 -15% $3.45 24,755 04 Apr 2025 Direct
holding NXDT Common Stock 5,524 03 Apr 2025 By 401(k) Plan

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 +7,813 $0.000000 7,813 03 Apr 2025 Common Shares 7,813 Direct F1, F2
transaction NXDT Restricted Shares Units Options Exercise $0 -7,462 -33% $0.000000 14,926 04 Apr 2025 Common Shares 7,462 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 On April 3, 2025, the reporting person was granted 7,813 restricted shares units which will vest on April 3, 2026. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
F3 On April 4, 2023, the reporting person was granted 29,851 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.