Form 4 for NREF NexPoint Real Estate Finance, Inc.
Accepted 2026-04-06 21:45:18 ET · period of report 2026-04-02 · accession 0001437749-26-011517 · 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 21:45 | 2026-04-03+ | NREF | Sauter Dennis Charles Jr | GC, Sec | M - OptEx | — | +7,549 | 34.2K | +28% | — |
| DM | 2026-04-06 21:45 | 2026-04-03+ | NREF | Sauter Dennis Charles Jr | GC, Sec | F - Tax | $13.36 | -2,699 | 33.0K | -8% | -$36.1K |
| D | 2026-04-06 21:45 | 2026-04-02 | NREF | Sauter Dennis Charles Jr | GC, Sec | A - Grant | $0.00 | +32.3K | 32.3K | New | $0 |
| DM | 2026-04-06 21:45 | 2026-04-03+ | NREF | Sauter Dennis Charles Jr | GC, Sec | M - OptEx | $0.00 | -7,549 | 3,239 | -70% | $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 | 4,311 | — | 32,478 | 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 | 1,470 | $13.36 | 31,008 | D | — | — | |
| 3 | Common | Common Stock | 2026-04-04 | M | A | 3,238 | — | 34,246 | 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 | 1,229 | $13.36 | 33,017 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2026-04-02 | A | A | 32,308 | $0.00 | 32,308 | D | — · — to — | 32,308 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 32,308 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 32,308 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 | 4,311 | $0.00 | 12,931 | D | — · — to — | 4,311 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 17,242 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 17,242 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 | 3,238 | $0.00 | 3,239 | D | — · — to — | 3,238 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 12,953 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 12,953 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. |