Form 4 for NREF NexPoint Real Estate Finance, Inc.
Accepted 2026-04-06 21:44:48 ET · period of report 2026-04-02 · accession 0001437749-26-011516 · 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 | 2026-04-06 21:44 | 2026-04-03+ | NREF | Richards Paul | See Remarks | M - OptEx | — | +22.0K | 69.7K | +46% | — |
| DM | 2026-04-06 21:44 | 2026-04-03+ | NREF | Richards Paul | See Remarks | F - Tax | $13.36 | -10.9K | 65.7K | -14% | -$145.2K |
| D | 2026-04-06 21:44 | 2026-04-02 | NREF | Richards Paul | See Remarks | A - Grant | $0.00 | +61.3K | 61.3K | New | $0 |
| DM | 2026-04-06 21:44 | 2026-04-03+ | NREF | Richards Paul | See Remarks | M - OptEx | $0.00 | -22.0K | 6,894 | -76% | $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 | 2026-04-03 | M | A | 15,087 | — | 69,667 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Real Estate Finance, Inc. |
| 2 | Common | Common Stock | 2026-04-03 | F | D | 6,825 | $13.36 | 62,842 | D | — | — | |
| 3 | Common | Common Stock | 2026-04-04 | M | A | 6,894 | — | 69,736 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Real Estate Finance, Inc. |
| 4 | Common | Common Stock | 2026-04-04 | F | D | 4,044 | $13.36 | 65,692 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2026-04-02 | A | A | 61,347 | $0.00 | 61,347 | D | — · — to — | 61,347 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Real Estate Finance, Inc. (F2) On April 2, 2026, the reporting person was granted 61,347 restricted stock units. The restricted stock units vest one-fourth on April 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029 and one-fourth on February 15, 2030. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash. (F2) On April 2, 2026, the reporting person was granted 61,347 restricted stock units. The restricted stock units vest one-fourth on April 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029 and one-fourth on February 15, 2030. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash. |
| 6 | Derivative | Restricted Stock Units | 2026-04-03 | M | D | 15,087 | $0.00 | 45,258 | D | — · — to — | 15,087 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Real Estate Finance, Inc. (F3) On April 3, 2025, the reporting person was granted 60,345 restricted stock units. The restricted stock units vested one-fourth on April 3, 2026 and will vest 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. (F3) On April 3, 2025, the reporting person was granted 60,345 restricted stock units. The restricted stock units vested one-fourth on April 3, 2026 and will vest 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. |
| 7 | Derivative | Restricted Stock Units | 2026-04-04 | M | D | 6,894 | $0.00 | 6,894 | D | — · — to — | 6,894 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Real Estate Finance, Inc. (F4) On April 4, 2023, the reporting person was granted 27,578 restricted stock units. The restricted stock units vested one-fourth on April 4, 2024, one-fourth on April 4, 2025 and one-fourth on April 4, 2026 and will vest 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. (F4) On April 4, 2023, the reporting person was granted 27,578 restricted stock units. The restricted stock units vested one-fourth on April 4, 2024, one-fourth on April 4, 2025 and one-fourth on April 4, 2026 and will vest 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. |