SEC Form 4 · accession 0001437749-26-020550
NEXPOINT DIVERSIFIED REAL ESTATE TRUST · NXDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matt McGraner
Officer — See Remarks
Period of report
Jun 10, 2026
Accepted (ET)
Jun 12, 2026 · 8:54 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001356115
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 10, 2026 | M | 36,692 | — | A | 354,269 | D | |
| Common Stock | Jun 10, 2026 | F | 15,849 | $5.07 | D | 338,420 | D | |
| Common StockF3 | holding | — | — | — | 2,127 | I | See Footnote | |
| Common Stock | holding | — | — | — | 966 | I | By 401(k) Plan |
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,F4 | — | Jun 10, 2026 | M | 6,036 | D | — | — | Common Shares | 6,036 | 110,076 | D |
Explanation of responses
- F1Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust (the "Company").
- F2Includes shares received pursuant to elective stock dividends paid on the Company's common shares.
- F3The 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.
- F4On June 10, 2025, the reporting person was granted 146,768 restricted share units. The restricted share units vested one-fourth on June 10, 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.
Remarks
Executive VP and Chief Investment Officer