ARTHUR LAFFER - 08 Jul 2025 Form 4 Insider Report for NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT)

Role: Director
Signature: /s/ Paul Richards, as attorney-in-fact for Arthur Laffer
Issuer symbol: NXDT
Transactions as of: 08 Jul 2025
Transactions value $: $50,820
Form type: 4
Filing time: 10 Jul 2025, 17:19:33 UTC
Previous filing: 07 Jul 2025
Next filing: 03 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
LAFFER ARTHUR B	Director	300 CRESCENT COURT, SUITE 700, DALLAS	/s/ Paul Richards, as attorney-in-fact for Arthur Laffer	10 Jul 2025	0001090307

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NXDT	Common Stock	Purchase	$25,620	+5,250	+6.05%	$4.88	91,987	08 Jul 2025	Direct	F1
transaction	NXDT	Common Stock	Purchase	$25,200	+5,250	+5.71%	$4.8	97,237	09 Jul 2025	Direct
holding	NXDT	Common Stock						101,874	08 Jul 2025	By limited liability company	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.88 to $4.90, inclusive. The reporting person undertakes to provide to NexPoint Diversified Real Estate Trust, any security holder of NexPoint Diversified Real Estate Trust, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
F2	The reporting person holds these shares indirectly through a limited liability company which the reporting person controls. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.88 to $4.90, inclusive. The reporting person undertakes to provide to NexPoint Diversified Real Estate Trust, any security holder of NexPoint Diversified Real Estate Trust, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.

The reporting person holds these shares indirectly through a limited liability company which the reporting person controls. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.