SEC Form 4 · accession 0001437749-26-020831
NEXPOINT DIVERSIFIED REAL ESTATE TRUST · NXDT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott F Kavanaugh
Director
Period of report
Jun 10, 2026
Accepted (ET)
Jun 16, 2026 · 5:35 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 | Jun 10, 2026 | M | 4,830 | — | A | 26,163 | D | |
| Common StockF2,F3 | holding | — | — | — | 50,026 | I | By Benefit Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Shares UnitsF1,F4 | — | Jun 10, 2026 | M | 4,830 | D | — | — | Common Shares | 4,830 | 0 | 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 acquired pursuant to elective stock dividends paid on the Company's common shares.
- F3These shares are held in a defined plan for the benefit of the reporting person.
- F4On June 10, 2025, the reporting person was granted 4,830 restricted share units which vested on June 10, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.