Brian Mitts - 21 Feb 2026 Form 4 Insider Report for NexPoint Real Estate Finance, Inc. (NREF)

Role
Director
Signature
/s/ Paul Richards as attorney-in-fact for Brian Mitts
Issuer symbol
NREF
Transactions as of
21 Feb 2026
Net transactions value
-$41,697
Form type
4
Filing time
24 Feb 2026, 18:00:08 UTC
Previous filing
19 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Mitts Brian Director 300 CRESCENT COURT, SUITE 700, DALLAS /s/ Paul Richards as attorney-in-fact for Brian Mitts 24 Feb 2026 0001514845

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NREF Common Stock Options Exercise +5,538 +6.8% 87,347 21 Feb 2026 Direct F1
transaction NREF Common Stock Disposed to Issuer -830 -0.95% 86,517 21 Feb 2026 Direct F2
transaction NREF Common Stock Tax liability $41,697 -2,806 -3.2% $14.86 83,711 21 Feb 2026 Direct
holding NREF Common Stock 95 21 Feb 2026 By child.

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 NREF Restricted Stock Units Options Exercise $0 -5,538 -100% $0.000000 0 21 Feb 2026 Common Stock 5,538 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 stock unit represents a contingent right to receive one share of common stock of NexPoint Real Estate Finance, Inc.
F2 Represents the portion of previously reported restricted stock unit grant that vested on February 21, 2026 and settled in cash.
F3 On February 21, 2022, the reporting person was granted 22,155 restricted stock units. The restricted stock units vested one-fourth on February 21, 2023, one-fourth on February 21, 2024, one-fourth on February 21, 2025 and one-fourth on February 21, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.