SEC Form 4 · accession 0001437749-26-020552
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 10, 2026
Accepted (ET)
Jun 12, 2026 · 8:55 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 | 6,036 | — | A | 145,615 | D | |
| Common Stock | Jun 10, 2026 | F | 3,014 | $5.07 | D | 142,601 | D |
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,F3 | — | Jun 10, 2026 | M | 6,036 | D | — | — | Common Shares | 6,036 | 18,114 | 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 an elective stock dividend paid on the Company's common shares.
- F3On June 10, 2025, the reporting person was granted 24,150 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
Chief Financial Officer, Executive VP-Finance, Treasurer and Assistant Secretary