Form 4 for NXDT NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Accepted 2025-04-21 00:00:00 ET · period of report 2025-04-17 · accession 0001437749-25-012573 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-04-21 | 2025-04-17 | NXDT | McGraner Matt | See Remarks | J - Other | — | +82.6K | 244.3K | +51% | — |
| DI | 2025-04-21 | 2025-04-17 | NXDT | McGraner Matt | See Remarks | J - Other | — | +2,127 | 2,127 | New | — |
| DM | 2025-04-21 | 2025-04-17 | NXDT | McGraner Matt | See Remarks | J - Other | — | +57.3K | 57.3K | New | — |
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 | 2025-04-17 | J | A | 82,566 | — | 244,329.40 | D See Footnote | — | — | (F1) Acquired pursuant to that certain Agreement and Plan of Merger, dated as of November 22, 2024, by and among NexPoint Diversified Real Estate Trust (the "Issuer"), NexPoint Diversified Real Estate Trust Operating Partnership, L.P. (the "OP"), and those certain other parties thereto, with the exchange rate being equal to the quotient of $0.36 divided by the volume weighted average price of the shares of Common Stock quoted on the New York Stock Exchange for the ten (10) trading days prior to the closing of the merger of NHT Hospitality, Inc. with and into one of the Issuer's wholly owned subsidiaries which equaled $3.7228. (F2) The reporting person holds these shares indirectly through a trust for the benefit of certain of the reporting person's family members. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. |
| 2 | Common | Common Stock | 2025-04-17 | J | A | 2,127 | — | 2,127 | I | — | — | (F1) Acquired pursuant to that certain Agreement and Plan of Merger, dated as of November 22, 2024, by and among NexPoint Diversified Real Estate Trust (the "Issuer"), NexPoint Diversified Real Estate Trust Operating Partnership, L.P. (the "OP"), and those certain other parties thereto, with the exchange rate being equal to the quotient of $0.36 divided by the volume weighted average price of the shares of Common Stock quoted on the New York Stock Exchange for the ten (10) trading days prior to the closing of the merger of NHT Hospitality, Inc. with and into one of the Issuer's wholly owned subsidiaries which equaled $3.7228. |
| 3 | Derivative | Profits LTIP Units | 2025-04-17 | J | A | 14,330.94 | — | 14,330.94 | D | — · — to — | 14,330.94 Common Shares | (F3) Represents Profits LTIP Units ("LTIP Units") in the OP. Each LTIP Unit can ultimately be redeemed by the reporting person for cash or common shares of the Issuer at the option of the Issuer. (F1) Acquired pursuant to that certain Agreement and Plan of Merger, dated as of November 22, 2024, by and among NexPoint Diversified Real Estate Trust (the "Issuer"), NexPoint Diversified Real Estate Trust Operating Partnership, L.P. (the "OP"), and those certain other parties thereto, with the exchange rate being equal to the quotient of $0.36 divided by the volume weighted average price of the shares of Common Stock quoted on the New York Stock Exchange for the ten (10) trading days prior to the closing of the merger of NHT Hospitality, Inc. with and into one of the Issuer's wholly owned subsidiaries which equaled $3.7228. (F4) On April 17, 2025, the reporting person was granted 57,323.76 LTIP Units of which 42,992.82 were vested immediately as of the grant date. The remaining LTIP Units will vest on December 13, 2025 and are not subject to expiration. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash. |
| 4 | Derivative | Profits LTIP Units | 2025-04-17 | J | A | 42,992.82 | — | 57,323.76 | D | — · — to — | 42,992.82 Common Shares | (F3) Represents Profits LTIP Units ("LTIP Units") in the OP. Each LTIP Unit can ultimately be redeemed by the reporting person for cash or common shares of the Issuer at the option of the Issuer. (F1) Acquired pursuant to that certain Agreement and Plan of Merger, dated as of November 22, 2024, by and among NexPoint Diversified Real Estate Trust (the "Issuer"), NexPoint Diversified Real Estate Trust Operating Partnership, L.P. (the "OP"), and those certain other parties thereto, with the exchange rate being equal to the quotient of $0.36 divided by the volume weighted average price of the shares of Common Stock quoted on the New York Stock Exchange for the ten (10) trading days prior to the closing of the merger of NHT Hospitality, Inc. with and into one of the Issuer's wholly owned subsidiaries which equaled $3.7228. (F4) On April 17, 2025, the reporting person was granted 57,323.76 LTIP Units of which 42,992.82 were vested immediately as of the grant date. The remaining LTIP Units will vest on December 13, 2025 and are not subject to expiration. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash. |