SEC Form 4 · accession 0001437749-26-019587
NEXPOINT DIVERSIFIED REAL ESTATE TRUST · NXDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Richards
Officer — See Remarks
Period of report
Jun 2, 2026
Accepted (ET)
Jun 4, 2026 · 5:38 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001356115
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF1,F2 | — | Jun 2, 2026 | A | 71,837 | A | — | — | Common Shares | 71,837 | 71,837 | D |
Explanation of responses
- F1Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.
- F2On June 2, 2026, the reporting person was granted 71,837 restricted share units. The restricted share units will vest one-fourth on June 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.
Remarks
Chief Financial Officer, Executive VP-Finance, Treasurer and Assistant Secretary