Dustin Norris - Mar 18, 2025 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Signature
/s/ Paul Richards, as attorney-in-fact for Dustin Norris
Stock symbol
NXDT
Transactions as of
Mar 18, 2025
Transactions value $
$0
Form type
4
Date filed
3/20/2025, 09:10 PM
Previous filing
Jun 24, 2024
Next filing
Apr 7, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXDT Common Stock Options Exercise +17.9K +16.45% 126K Mar 18, 2025 Direct F1, F2
holding NXDT Common Stock 48.6K Mar 18, 2025 By 401(k) Plan F2

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 NXDT Restricted Shares Units Options Exercise $0 -17.9K -25% $0.00 53.6K Mar 18, 2025 Common Shares 17.9K 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 shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.
F2 Includes shares received pursuant to an elective stock dividend paid on the Company's common shares.
F3 On March 18, 2024, the reporting person was granted 71,429 restricted shares units. The restricted shares units vested one-fourth on March 18, 2025, and will vest one-fourth on March 18, 2026, one-fourth on March 18, 2027 and one-fourth on March 18, 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 Vice President Exhibit List: Exhibit 24 – Power of Attorney