InsiderTrades

Form 4 for NXDT NEXPOINT DIVERSIFIED REAL ESTATE TRUST

Accepted 2025-04-21 00:00:00 ET · period of report 2025-04-17 · accession 0001437749-25-012575 · 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
DI 2025-04-21 2025-04-17 NXDT Sauter Dennis Charles Jr See Remarks J - Other — +6,367 6,367 New —
DM 2025-04-21 2025-04-17 NXDT Sauter Dennis Charles Jr See Remarks J - Other — +7,253 1,813 New —

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Common Stock 2025-04-17 J A 6,367 — 6,367 I 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"), the Issuer's operating partnership (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 limited partnership the reporting person controls. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
2 Derivative Profits LTIP Units 2025-04-17 J A 5,439.38 — 7,252.50 D — · — to — 5,439.38 Common Shares (F3) Represents Profits LTIP Units ("LTIP Units") in the OP . Each LTIP Units 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"), the Issuer's operating partnership (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 7,252.5 LTIP Units of which 5,439.375 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.
3 Derivative Profits LTIP Units 2025-04-17 J A 1,813.13 — 1,813.13 D — · — to — 1,813.13 Common Shares (F3) Represents Profits LTIP Units ("LTIP Units") in the OP . Each LTIP Units 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"), the Issuer's operating partnership (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 7,252.5 LTIP Units of which 5,439.375 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.