Form 4 for NXDT NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Accepted 2025-04-07 00:00:00 ET · period of report 2025-04-03 · accession 0001437749-25-011242 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-04-07 | 2025-04-03+ | NXDT | NORRIS DUSTIN DAVID | See Remarks | P - Purchase | $3.58 | +354.0K | 183.4K | New | +$1.27M |
| D | 2025-04-07 | 2025-04-04 | NXDT | NORRIS DUSTIN DAVID | See Remarks | M - OptEx | — | +12.4K | 195.8K | +7% | — |
| D | 2025-04-07 | 2025-04-04 | NXDT | NORRIS DUSTIN DAVID | See Remarks | M - OptEx | $0.00 | -12.4K | 24.9K | -33% | $0 |
| D | 2025-04-07 | 2025-04-03 | NXDT | NORRIS DUSTIN DAVID | See Remarks | A - Grant | $0.00 | +46.9K | 46.9K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-04-07 | P | A | 300,000 | $3.53 | 495,836 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.47 to $3.63, 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 (3) to this Form 4. |
| 2 | Common | Common Stock | 2025-04-04 | M | A | 12,437 | — | 195,836 | D | — | — | (F2) Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust. |
| 3 | Common | Common Stock | 2025-04-03 | P | A | 54,000 | $3.85 | 183,399.02 | D | — | — | (F1) Includes shares received pursuant to an elective stock dividend paid on the Company's common shares. |
| 4 | Derivative | Restricted Shares Units | 2025-04-04 | M | D | 12,437 | $0.00 | 24,876 | D | — · — to — | 12,437 Common Shares | (F2) Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust. (F5) On April 4, 2023, the reporting person was granted 49,751 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. |
| 5 | Derivative | Restricted Shares Units | 2025-04-03 | A | A | 46,883 | $0.00 | 46,883 | D | — · — to — | 46,883 Common Shares | (F2) Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust. (F4) On April 3, 2025, the reporting person was granted 46,883 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. |