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.
NexPoint Real Estate Finance, Inc. filings document the regulatory record of a publicly traded REIT with common stock and Series A cumulative redeemable preferred stock listed on the NYSE. Its 8-K filings report quarterly results, earnings presentations, non-GAAP distribution measures, secured financing arrangements, promissory notes, participation agreements and preferred-stock capital actions.
The company’s SEC record also includes proxy materials for annual stockholder meetings and governance votes, registration-related disclosures for preferred stock offerings, dealer manager arrangements, capital structure details, risk-related financing terms, and reporting on the role of its operating partnership and external manager.
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.
NexPoint Real Estate Finance, Inc. officer Matt McGraner reported equity award activity involving restricted stock units and common stock. He exercised or converted 17,308 restricted stock units into 17,308 shares of common stock at a price of $0.00 per share, increasing his direct common stock holdings to 268,076 shares.
On the same date, 7,342 common shares were disposed of at $14.86 per share to cover tax obligations associated with the award, leaving 260,734 shares of common stock held directly. Separately, 1,800 common shares are held indirectly through a limited liability company in which he owns an indirect minority interest, and he disclaims beneficial ownership beyond his pecuniary interest.
NexPoint Real Estate Finance director Brian Mitts reported a mix of equity compensation transactions involving restricted stock units and common stock. He exercised 5,538 restricted stock units into common shares at a price of $0.0000 per share, increasing his direct common stock holdings before subsequent dispositions.
On the same day, he disposed of 830 common shares in a transaction coded as a disposition to the issuer and a further 2,806 shares in a tax-withholding transaction at $14.86 per share, ending with 83,711 directly held common shares. An additional 95 common shares are held indirectly "by child." The footnotes explain these RSUs were part of a 22,155-unit grant from February 21, 2022 that vested in four annual installments through February 21, 2026, with settlement allowed in cash at the Compensation Committee’s discretion.