Dennis Charles Sauter Jr - Apr 3, 2025 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Role
General Counsel and Secretary
Signature
/s/ Paul Richards, as attorney-in-fact for D.C. Sauter
Stock symbol
NXDT
Transactions as of
Apr 3, 2025
Transactions value $
-$3,426
Form type
4
Date filed
4/7/2025, 07:04 PM
Previous filing
Apr 1, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXDT Common Stock Options Exercise +2.49K +69.46% 6.07K Apr 4, 2025 Direct F1, F2
transaction NXDT Common Stock Tax liability -$3.43K -993 -16.37% $3.45 5.07K Apr 4, 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 NXDT Restricted Shares Units Award $0 +39.1K $0.00 39.1K Apr 3, 2025 Common Shares 39.1K Direct F1, F3
transaction NXDT Restricted Shares Units Options Exercise $0 -2.49K -33.32% $0.00 4.98K Apr 4, 2025 Common Shares 2.49K Direct F1, F4
* 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 April 3, 2025, the reporting person was granted 39,069 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.
F4 On April 4, 2023, the reporting person was granted 9,950 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.

Remarks:

General Counsel and Secretary