James Dondero - Apr 17, 2025 Form 4/A - Amendment Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Role
President, Director, 10%+ Owner
Signature
/s/ Paul Richards, as attorney-in-fact for James Dondero
Stock symbol
NXDT
Transactions as of
Apr 17, 2025
Transactions value $
$0
Form type
4/A - Amendment
Date filed
5/22/2025, 06:07 PM
Date Of Original Report
Apr 21, 2025
Previous filing
Apr 15, 2025
Next filing
May 13, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
DONDERO JAMES D President, Director, 10%+ Owner 300 CRESCENT COURT, SUITE 700, DALLAS /s/ Paul Richards, as attorney-in-fact for James Dondero 2025-05-22 0001228922

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NXDT Common Stock 1.76M Apr 17, 2025 See Footnote F1, F2
holding NXDT Common Stock 2.05M Apr 17, 2025 See Footnote F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 21, 2025, the reporting person filed a Form 4 (the "Form 4") that inadvertently reported that 14,958 shares were held by NexPoint Asset Management, L.P. ("NexPoint Asset Management"). These shares are actually held by Highland Capital Management Services, L.P. ("HCM"). This amendment is being filed to correctly state the number of shares indirectly owned by the reporting person through NexPoint Asset Management and HCM.
F2 Following the transactions disclosed in the Form 4, 35,935 shares were held by Drugcrafters, L.P. "Drugcrafters"), 81,039.19 shares were held by PCMG Trading Partners XXIII, L.P. ("PCMG"), 269,139 shares were held by Governance Re Ltd., 14,958 shares were held by HCM, 5,920 shares are held by NexPoint Real Estate Advisors, L.P. and 1,356,532.24 shares are held by NexPoint Real Estate Advisers X, L.P. the "Adviser"). Mr. Dondero owns 75% of PCMG and HCM, and PCMG owns 99% of Drugcrafters. Drugcrafters, PCMG, Governance Re Ltd., HCM and the Adviser are ultimately controlled by Mr. Dondero. Mr. Dondero may be deemed to be an indirect beneficial owner of shares held by such entities. Mr. Dondero disclaims eneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3 Following the transactions disclosed in the Form 4, 1,444,014 shares were held by Highland Opportunities and Income Fund and 606,269 shares were held by Highland Global Allocation Fund (both of which are managed by NexPoint Asset Management, which is ultimately controlled by Mr. Dondero). Mr. Dondero may be deemed to be an indirect beneficial owner of shares held by such entities. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Remarks:

President