Paul Richards - Apr 3, 2025 Form 4 Insider Report for NexPoint Real Estate Finance, Inc. (NREF)

Role
Officer
Signature
/s/ Paul Richards
Stock symbol
NREF
Transactions as of
Apr 3, 2025
Transactions value $
-$50,914
Form type
4
Date filed
4/7/2025, 08:34 PM
Previous filing
Apr 1, 2025
Next filing
Apr 9, 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 +6.9K +15.49% 51.4K Apr 4, 2025 Direct F1
transaction NREF Common Stock Tax liability -$50.9K -3.58K -6.97% $14.21 47.8K Apr 4, 2025 Direct
holding NREF Common Stock 7.5K Apr 3, 2025 By 401(k) plan.
holding NREF Common Stock 879 Apr 3, 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 Award $0 +60.3K $0.00 60.3K Apr 3, 2025 Common Stock 60.3K Direct F1, F2
transaction NREF Restricted Stock Units Options Exercise $0 -6.9K -33.34% $0.00 13.8K Apr 4, 2025 Common Stock 6.9K 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 stock unit represents a contingent right to receive one share of common stock of NexPoint Real Estate Finance, Inc.
F2 On April 3, 2025, the reporting person was granted 60,345 restricted stock units. The restricted stock units 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.
F3 On April 4, 2023, the reporting person was granted 27,578 restricted stock units. The restricted stock units vested one-fourth on April 4, 2024 and will vest one-fourth on April 4, 2025, 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:

Exhibit List: Exhibit 24 – Power of Attorney Chief Financial Officer, Executive VP-Finance, Assistant Secretary and Treasurer