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 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.
NexPoint Real Estate Finance, Inc. disclosed that its operating partnership loaned $16.7 million on January 16, 2026 to NexPoint Storage Partners Operating Company, LLC under a new promissory note. The note allows NSP OC to borrow up to $40 million, carries a 14% per annum interest rate payable in kind, is interest-only, and matures on January 16, 2031.
The loan is secured by a first-priority lien on specified rent, fee and disposition income streams and related deposit accounts of NSP OC, its subsidiaries and certain NexPoint-affiliated entities. The note is subordinated to NexPoint Storage Partners, Inc.’s mandatorily redeemable Series D Preferred Stock, which is redeemable on December 8, 2028 with two possible one-year extensions, and generally limits payments on the note to in-kind interest until that preferred stock is fully redeemed or consents are obtained.
The Ohio State Life Insurance Company agreed to purchase $5 million of principal amount of the note at par plus accrued interest before the end of the second quarter of 2026. As of January 16, 2026, NexPoint Real Estate Finance owned about 25.4% of NSP’s common stock and its operating partnership held about 95.4% of NSP’s 15.0% Cumulative Series G Preferred Stock, with most NSP equity held by accounts advised by NexPoint and its affiliates.
NexPoint Real Estate Finance, Inc. insider group updates its ownership disclosure. As of January 1, 2026, James D. Dondero may be deemed to beneficially own 10,034,227.88 shares of common stock of NexPoint Real Estate Finance, Inc., representing approximately 54.0% of the outstanding shares. Related entities NexPoint Advisors, L.P., NexPoint Asset Management, L.P., Highland Opportunities and Income Fund, NexPoint Diversified Real Estate Trust, and Nancy Marie Dondero report additional beneficial ownership stakes ranging from about 1.8% to 30.7%.
The amendment reflects recent activity including the acquisition of 852,273 shares on December 30, 2025 through the redemption of an equal number of operating partnership units with an aggregate value of $11,897,731.08, as well as smaller purchases through dividend reinvestment by a trust of which Nancy Marie Dondero is trustee and by James D. Dondero.
NexPoint Real Estate Finance, Inc. insider James Dondero, a director, 10% owner and President, reported changes in his indirect holdings of the company’s common stock. On 12/30/2025, 852,273 Class C OP Units in NexPoint Real Estate Finance Operating Partnership, L.P. were redeemed for an equal number of NexPoint Real Estate Finance common shares and distributed to NexPoint Diversified Real Estate Operating Partnership, L.P. (NXDT OP).
Following this transaction, large blocks of NREF shares are held across several NexPoint-related entities and funds, including NXDT OP, NexPoint Diversified Real Estate Trust, NexPoint Real Estate Strategies Fund, NexPoint Capital, Inc., Highland Global Allocation Fund and Highland Opportunities and Income Fund, as well as certain trusts and a limited liability company. These entities are managed or advised by NexPoint-affiliated managers, and 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, Inc. director reported a recent stock transaction in company shares. On 12/18/2025, the reporting person disposed of 11,904 shares of common stock at a price of $14.51 per share through a 401(k) plan, leaving no shares held in that plan after the transaction. Following this activity, the director beneficially owns 81,809 shares of common stock directly and 95 shares indirectly through a child, reflecting their current reported stake in the company.
NREF filed a Rule 144 notice covering a proposed sale of 11,904 shares of common stock through broker Charles Schwab & Co. Inc. on or about 12/12/2025, to be sold on the NYSE at an aggregate market value of $180,583.68. The issuer had 17,721,828 shares outstanding at the time referenced. The seller acquired these shares on 02/11/2020 through purchases of issuer securities in a 401(k) plan, with cash payment dated 12/31/2024. By signing the notice, the seller represents they are not aware of undisclosed material adverse information about the issuer’s current or prospective operations.
NexPoint Real Estate Finance, Inc. reported that it has closed its 9.00% Series B Cumulative Redeemable Preferred Stock offering and has launched a new 8.00% Series C Cumulative Redeemable Preferred Stock offering. These preferred shares are a separate class from the company’s common stock and existing 8.50% Series A preferred stock listed on the New York Stock Exchange under the symbols NREF and NREF-PRA. The update was communicated through a press release dated December 10, 2025, which is included as an exhibit.