Matt McGraner - 18 Mar 2025 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Signature
/s/ Paul Richards, as attorney-in-fact for Matt McGraner
Issuer symbol
NXDT
Transactions as of
18 Mar 2025
Transactions value $
-$89,244
Form type
4
Filing time
26 Mar 2025, 20:36:18 UTC
Previous filing
17 Mar 2025
Next filing
01 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXDT Common Stock Options Exercise +73.1K +90.05% 154K 18 Mar 2025 Direct F1, F2
transaction NXDT Common Stock Tax liability -$89.2K -22.9K -14.83% $3.90 131K 18 Mar 2025 Direct
holding NXDT Common Stock 815 18 Mar 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 -73.1K -25% $0.00 219K 18 Mar 2025 Common Shares 73.1K 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 elective stock dividends paid on the Company's common shares.
F3 On March 18, 2024, the reporting person was granted 292,500 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 VP and Chief Investment Officer Exhibit List: Exhibit 24 – Power of Attorney