Dustin David Norris - 03 Apr 2025 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
07 Apr 2025, 19:02:35 UTC
Prior SEC filing
20 Mar 2025
Next SEC filing
22 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Paul Richards, as attorney-in-fact for Dustin Norris

Key filing fact

Dustin David Norris filed Form 4 for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT) on 07 Apr 2025.

Key facts

  • This page summarizes Dustin David Norris's Form 4 filing for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT).
  • 5 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 07 Apr 2025, 19:02.

Change

  • Previous filing in this sequence was filed on 20 Mar 2025.
  • Current net transaction value: +$1,266,900.

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

Reported non-derivative transactions

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

NXDT transaction

Common Stock

Purchase

Transaction value
$207,900
Shares
+54,000
Change %
+42%
Price
$3.85
Shares after
183,399
Date
03 Apr 2025
Ownership
Direct
Footnotes
F1
NXDT transaction

Common Stock

Options Exercise

Transaction value
Shares
+12,437
Change %
+6.8%
Price
Shares after
195,836
Date
04 Apr 2025
Ownership
Direct
Footnotes
F2
NXDT transaction

Common Stock

Purchase

Transaction value
$1,059,000
Shares
+300,000
Change %
+153%
Price
$3.53
Shares after
495,836
Date
07 Apr 2025
Ownership
Direct
Footnotes
F3
NXDT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
58,091
Date
03 Apr 2025
Ownership
By 401(k) Plan
Footnotes
F1

Reported derivative securities

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

NXDT transaction Derivative

Restricted Shares Units

Award

Transaction value
$0
Shares
+46,883
Change %
Price
$0.000000
Shares after
46,883
Date
03 Apr 2025
Ownership
Direct
Underlying class
Common Shares
Underlying amount
46,883
Exercise price
Footnotes
F2, F4
NXDT transaction Derivative

Restricted Shares Units

Options Exercise

Transaction value
$0
Shares
-12,437
Change %
-33%
Price
$0.000000
Shares after
24,876
Date
04 Apr 2025
Ownership
Direct
Underlying class
Common Shares
Underlying amount
12,437
Exercise price
Footnotes
F2, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Includes shares received pursuant to an elective stock dividend paid on the Company's common shares.

Footnote F2

Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.47 to $3.63, 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 range set forth in footnote (3) to this Form 4.

Footnote F4

On April 3, 2025, the reporting person was granted 46,883 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.

Footnote F5

On April 4, 2023, the reporting person was granted 49,751 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.

SEC remarks

Executive Vice President

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