Welcome to our dedicated page for Nexpoint Real Estate Finance SEC filings (Ticker: NREF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The NexPoint Real Estate Finance, Inc. (NREF) SEC filings page on Stock Titan provides structured access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a commercial mortgage REIT with common and preferred stock listed on the New York Stock Exchange and NYSE Texas, NREF uses SEC filings to report on its real estate credit portfolio, capital structure, and material corporate actions.
Investors can review current reports on Form 8-K that describe significant events such as preferred stock offerings, amendments to dealer manager agreements, note purchase agreements, property dispositions, and earnings releases. For example, recent 8-K filings detail the launch and terms of the 8.00% Series C Cumulative Redeemable Preferred Stock offering, the full subscription and closing of the 9.00% Series B Cumulative Redeemable Preferred Stock offering, and the sale of the Hudson Montford multifamily property. Other 8-Ks cover senior unsecured note issuances, related-party promissory notes, and pro forma financial information related to asset dispositions.
Through its periodic reports on Forms 10-K and 10-Q (accessible via EDGAR and summarized on this page when available), NREF provides comprehensive financial statements and portfolio disclosures. These documents expand on items referenced in earnings press releases, including details on loans held for investment, CMBS holdings, preferred stock investments, stock warrants, and variable interest entities, as well as explanations of non-GAAP measures such as Earnings Available for Distribution (EAD) and Cash Available for Distribution (CAD).
Stock Titan enhances these filings with AI-powered summaries that highlight key points, such as changes in capital structure, new debt obligations, amendments to partnership agreements, and updates to preferred stock terms. Users can quickly understand the implications of items like Articles Supplementary designating new preferred stock series, amendments to the operating partnership agreement creating preferred units, or covenants associated with senior unsecured notes.
This page also surfaces insider- and security-related filings when available, including information about securities registered under Section 12(b), trading symbols, and exchange listings. Real-time updates from EDGAR ensure that new NREF filings—whether earnings-related, capital markets transactions, or material definitive agreements—are added promptly, while AI-generated explanations help interpret complex legal and financial language in a more accessible way.
NexPoint Real Estate Finance, Inc., a commercial mortgage REIT, reports its 2025 operations and portfolio activity focused on senior loans, mezzanine loans, preferred equity and CMBS positions in U.S. multifamily, single-family rental, self-storage and life science sectors.
As of December 31, 2025, the company’s portfolio had an unpaid principal balance of approximately $1.5 billion, with risk metrics including a weighted average loan-to-value of 63.6%, debt service coverage of 1.24x and weighted average maturity of 3.1 years.
NexPoint Real Estate Finance, Inc. General Counsel and Secretary Dennis Charles Sauter Jr. exercised 2,917 restricted stock units, receiving an equal number of common shares at a price of $0.00 per share. After this exercise, he held 5,833 restricted stock units and 29,328 common shares before tax withholding.
To cover tax obligations, 1,161 common shares were disposed of at $13.15 per share, leaving him with 28,167 common shares held directly. These restricted stock units were part of an 11,667-unit grant that vests in four annual installments from March 13, 2025 through March 13, 2028.
NexPoint Real Estate Finance, Inc. officer Paul Richards exercised restricted stock units that vested into 10,000 shares of common stock. These RSUs were part of a 40,000-unit grant made on March 13, 2024, vesting in four equal annual installments through March 13, 2028.
To cover tax obligations on the March 13, 2026 vesting, 5,580 common shares were withheld at a price of $13.15 per share, a non–open-market disposition. As a result, Richards effectively added 4,420 net new common shares to his direct holdings, bringing his direct ownership to 54,580 shares.
He also reports indirect ownership of 7,498 common shares through a 401(k) plan and 879 common shares through an IRA. No open-market purchases or sales were reported in this filing; the activity reflects routine equity compensation vesting and associated tax withholding.
NexPoint Real Estate Finance, Inc. director Brian Mitts reported routine equity compensation activity on March 13, 2026. He exercised or converted 8,333 Restricted Stock Units into common stock at a stated price of $0.00 per share, reflecting settlement of a previously granted award.
On the same date, he disposed of 1,249 shares of common stock back to the issuer and an additional 2,004 shares were withheld at $13.15 per share to satisfy tax obligations, which is not an open‑market sale. Following these transactions, he holds 88,791 shares of common stock directly and 95 shares indirectly through a child.
The filing also notes an earlier grant of 33,333 restricted stock units that vest in four equal annual installments from March 13, 2025 through March 13, 2028, with settlement generally occurring within 10 days of each vesting date and potentially in cash at the Compensation Committee’s discretion.
NexPoint Real Estate Finance, Inc. officer Matt McGraner exercised 38,438 restricted stock units, receiving an equal number of common shares at a $0.00 exercise price. To cover tax obligations, 13,554 common shares were disposed of at $13.15 per share through issuer withholding, not an open-market sale. Following these transactions, he directly holds 285,618 common shares. An additional 1,800 shares are held indirectly by a limited liability company in which he owns an indirect minority interest and for which he disclaims beneficial ownership beyond his pecuniary interest.
NexPoint Real Estate Finance, Inc. President and director James D. Dondero reported exercising restricted stock units into common shares. On March 13, 2026, he converted 38,438 restricted stock units into 38,438 common shares at a stated price of $0.00 per share, increasing his directly held common stock to 408,412 shares and leaving 76,874 restricted stock units outstanding.
The filing notes that each restricted stock unit equals one NexPoint common share, and that a prior grant of 153,750 units vests in four annual installments from March 13, 2025 through March 13, 2028. Additional common shares are held indirectly through funds, partnerships, and trusts managed by NexPoint-affiliated entities, where Mr. Dondero may be deemed an indirect beneficial owner but disclaims beneficial ownership beyond his pecuniary interest.
NexPoint Real Estate Finance reported solid fourth quarter 2025 results and issued guidance for early 2026. Net income attributable to common stockholders was $13.6 million, or $0.52 per diluted share, while cash available for distribution was $12.2 million, or $0.53 per diluted share.
The company highlighted a diversified $1.2 billion investment portfolio across single-family rentals, multifamily, life sciences, self-storage, marinas, and industrial assets, and paid a common dividend of $0.50 per share for the quarter. NexPoint raised $60.5 million of Series B preferred stock and guided first quarter 2026 earnings available for distribution to about $0.40 per diluted common share at the midpoint, with cash available for distribution guidance of about $0.50 per diluted share.
NexPoint Real Estate Finance, Inc. president and 10% owner James D. Dondero reported acquiring common stock through the vesting and exercise of restricted stock units. On February 21, 2026, 17,308 restricted stock units were exercised into 17,308 shares of common stock at a price of $0.00 per share, increasing his directly held common stock to 369,974 shares.
Each restricted stock unit represents a right to receive one NexPoint Real Estate Finance common share. The 17,308 units formed part of a 69,235-unit grant originally awarded on February 21, 2022, which vested in four equal annual installments from 2023 through 2026, with settlement generally within 10 days of vesting and potentially in cash at the Compensation Committee’s discretion.
The filing also lists substantial additional common stock positions held indirectly through various funds, operating partnerships, companies, and trusts associated with NexPoint entities. Footnotes state that these entities hold the shares and that Mr. Dondero may be deemed an indirect beneficial owner but disclaims beneficial ownership except to the extent of his pecuniary interest.
NexPoint Real Estate Finance General Counsel Dennis Charles Sauter Jr exercised 2,146 restricted stock units into 2,146 shares of common stock at a price of $0.00 per share. To cover tax withholding, 1,011 shares of common stock were disposed of at $14.86 per share, leaving 26,411 shares of common stock held directly.
NexPoint Real Estate Finance, Inc. officer Paul Richards reported equity compensation activity involving restricted stock units and related common stock. On February 21, 2026, 4,568 restricted stock units were exercised or converted into 4,568 shares of common stock at a stated price of $0.00 per share. To cover tax obligations, 3,239 common shares were disposed of through a tax-withholding transaction at $14.86 per share. After these transactions, he held 50,160 shares of common stock directly, plus additional indirect holdings of 7,498 shares through a 401(k) plan and 879 shares through an IRA.