Paul Richards - 21 Feb 2025 Form 4 Insider Report for NexPoint Real Estate Finance, Inc. (NREF)

Role
Chief Financial Officer, Executive VP-Finance, Assistant Secretary and Treasurer
Signature
/s/ Matthew McGraner as attorney-in-fact for Paul Richards
Issuer symbol
NREF
Transactions as of
21 Feb 2025
Net transactions value
-$80,362
Form type
4
Filing time
25 Feb 2025, 17:19:43 UTC
Previous filing
24 Feb 2025
Next filing
17 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NREF Common Stock Options Exercise +4,570 +13% 41,001 21 Feb 2025 Direct F1
transaction NREF Common Stock Tax liability $45,624 -2,934 -7.2% $15.55 38,067 21 Feb 2025 Direct
transaction NREF Common Stock Options Exercise +3,220 +8.5% 41,287 22 Feb 2025 Direct F1
transaction NREF Common Stock Tax liability $34,739 -2,234 -5.4% $15.55 39,053 22 Feb 2025 Direct
holding NREF Common Stock 7,498 21 Feb 2025 By 401(k) plan.
holding NREF Common Stock 879 21 Feb 2025 By IRA.

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 -4,570 -50% $0.000000 4,569 21 Feb 2025 Common Stock 4,570 Direct F1, F2
transaction NREF Restricted Stock Units Options Exercise $0 -3,220 -100% $0.000000 0 22 Feb 2025 Common Stock 3,220 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 On February 21, 2022, the reporting person was granted 18,278 restricted stock units. The restricted stock units vested one-fourth on February 21, 2023, one-fourth on February 21, 2024 and one-fourth on February 21, 2025 and will vest 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.
F3 On February 22, 2021, the reporting person was granted 12,880 restricted stock units. The restricted stock units vested one-fourth on February 22, 2022, one-fourth on February 22, 2023, one-fourth on February 22, 2024 and one-fourth on February 22, 2025. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

Chief Financial Officer, Executive VP-Finance, Assistant Secretary and Treasurer