James D. Dondero - 10 Jun 2026 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Reporting relationship
President, Director, 10%+ Owner
Issuer ticker
NXDT
Reported as of
10 Jun 2026
Net transaction value
$0
Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
12 Jun 2026, 20:54:01 UTC
Prior SEC filing
04 Jun 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Paul Richards, as attorney-in-fact for James Dondero

Key filing fact

James D. Dondero filed Form 4 for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT) on 12 Jun 2026.

Key facts

  • This page summarizes James D. Dondero's Form 4 filing for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 12 Jun 2026, 20:54.

Change

  • Previous filing in this sequence was filed on 04 Jun 2026.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001228922 Primary reporting owner

DONDERO JAMES D

Relationship
President, Director, 10%+ Owner
Address
300 CRESCENT COURT, SUITE 700, DALLAS
Signature
/s/ Paul Richards, as attorney-in-fact for James Dondero
Signature date
12 Jun 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NXDT transaction

Common Stock

Options Exercise

Transaction value
Shares
+36,692
Change %
+0.61%
Price
Shares after
6,046,963
Date
10 Jun 2026
Ownership
Direct
Footnotes
F1, F2
NXDT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
7,386
Date
10 Jun 2026
Ownership
As custodian of UTMA account for child 1
Footnotes
F2, F3
NXDT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
7,370
Date
10 Jun 2026
Ownership
As custodian of UTMA account for child 2
Footnotes
F2, F3
NXDT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
7,386
Date
10 Jun 2026
Ownership
As custodian of UTMA account for child 3
Footnotes
F2, F3
NXDT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
5,477
Date
10 Jun 2026
Ownership
As custodian of UTMA account for child 4
Footnotes
F2, F3
NXDT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
5,242
Date
10 Jun 2026
Ownership
As custodian of UTMA account for child 5
Footnotes
F2, F3
NXDT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
7,386
Date
10 Jun 2026
Ownership
As custodian of UTMA account for child 6
Footnotes
F2, F3
NXDT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,895,808
Date
10 Jun 2026
Ownership
See Footnote
Footnotes
F2, F4
NXDT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
850,356
Date
10 Jun 2026
Ownership
See Footnote
Footnotes
F2, F5
NXDT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,283,589
Date
10 Jun 2026
Ownership
See Footnote
Footnotes
F2, F6
NXDT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
643,132
Date
10 Jun 2026
Ownership
See Footnote
Footnotes
F2, F7
NXDT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
90,471
Date
10 Jun 2026
Ownership
By employee benefit plan
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NXDT transaction Derivative

Restricted Share Units

Options Exercise

Transaction value
Shares
-36,692
Change %
-25%
Price
$0.000000*
Shares after
110,076
Date
10 Jun 2026
Ownership
Direct
Underlying class
Common Shares
Underlying amount
36,692
Exercise price
Footnotes
F1, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust (the "Company").

Footnote F2

Includes shares acquired under a dividend reinvestment plan and shares received pursuant to an elective stock dividend paid on the Company's common shares.

Footnote F3

The shares are held for one of Mr. Dondero's children, through a custodial account established pursuant to the Uniform Transfer to Minors Act ("UTMA") for which Mr. Dondero serves as custodian. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Footnote F4

43,224 shares are held by Drugcrafters, L.P. ("Drugcrafters"), 95,972.27 shares are held by PCMG Trading Partners XXIII, L.P., 297,351 shares are held by Governance Re Ltd., 14,962.88 shares are held by Highland Capital Management Services, L.P. ("HCM") and 2,444,298 shares are held by NexPoint Real Estate Advisers X, L.P. (the "Adviser"). Mr. Dondero owns 75% of PCMG Trading Partners XXIII, L.P. ("PCMG") and HCM, and PCMG owns 99% of Drugcrafters. Drugcrafters, PCMG, Governance Re Ltd., HCM and the Adviser are ultimately controlled by Mr. Dondero. Mr. Dondero may be deemed to be an indirect beneficial owner of shares held by such entities. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Footnote F5

These shares are held by The Dugaboy Investment Trust of which Mr. Dondero is the beneficiary pursuant to an employee purchase plan. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Footnote F6

1,595,828 shares are held by Highland Opportunities and Income Fund and 687,761 shares are held by Highland Global Allocation Fund (both of which are managed by NexPoint Asset Management, L.P., which is ultimately controlled by Mr. Dondero). Mr. Dondero may be deemed to be an indirect beneficial owner of shares held by such entities. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Footnote F7

These shares are held by subsidiaries of The Dugaboy Investment Trust. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Footnote F8

On June 10, 2025, the reporting person was granted 146,768 restricted share units. The restricted share units vested one-fourth on June 10, 2026 and will vest 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.

SEC remarks

President

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