Dennis Charles Sauter Jr - Mar 13, 2025 Form 4 Insider Report for NexPoint Real Estate Finance, Inc. (NREF)

Role
General Counsel and Secretary
Signature
/s/ Matthew McGraner, as attorney-in-fact for Dennis Charles Sauter Jr
Stock symbol
NREF
Transactions as of
Mar 13, 2025
Transactions value $
-$16,114
Form type
4
Date filed
3/17/2025, 09:20 PM
Previous filing
Feb 25, 2025
Next filing
Mar 20, 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 +2.92K +13.69% 24.2K Mar 13, 2025 Direct F1
transaction NREF Common Stock Tax liability -$16.1K -999 -4.12% $16.13 23.2K Mar 13, 2025 Direct

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 -2.92K -25% $0.00 8.75K Mar 13, 2025 Common Stock 2.92K Direct F1, F2
* 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 March 13, 2024, the reporting person was granted 11,667 restricted stock units. The restricted stock units vested one-fourth on March 13, 2025 and will vest one-fourth on March 13, 2026, one-fourth on March 13, 2027 and one-fourth on March 13, 2028. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

Remarks:

Executive VP and Chief Investment Officer