| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| McGraner Matt | Executive VP and Chief Investment Officer | 300 CRESCENT COURT, SUITE 700, DALLAS | /s/ Paul Richards, as attorney-in-fact for Matt McGraner | 24 Feb 2026 | 0001636187 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NREF | Common Stock | Options Exercise | +17,308 | +6.9% | 268,076 | 21 Feb 2026 | Direct | F1 | ||
| transaction | NREF | Common Stock | Tax liability | $109,102 | -7,342 | -2.7% | $14.86 | 260,734 | 21 Feb 2026 | Direct | |
| holding | NREF | Common Stock | 1,800 | 21 Feb 2026 | See Footnote | F2 |
| 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 | -17,308 | -100% | $0.000000 | 0 | 21 Feb 2026 | Common Stock | 17,308 | Direct | F1, F3 |
| 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 | These shares are held by a limited liability company in which Mr. McGraner owns an indirect minority interest. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| F3 | On February 21, 2022, the reporting person was granted 69,235 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. |
Executive VP and Chief Investment Officer