Welcome to our dedicated page for NEXPOINT DIVERSIFIED REAL ESTATE TRUST SEC filings (Ticker: NXDT), 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 Diversified Real Estate Trust filings document the formal disclosures of an externally advised diversified REIT. Annual proxy materials cover trustee governance, shareholder voting, executive compensation tables and equity award disclosures, while current reports record material agreements involving the operating partnership, advisory arrangements, guarantees and real estate transactions.
The filings also describe related-party review processes, including Audit Committee approvals under the company's Related Party Transaction Policy, and capital-structure matters involving common shares. Recent 8-K disclosures address advisory fee mechanics, participation interests in real estate-related debt, guaranty obligations tied to storage assets and completed hospitality asset dispositions.
NexPoint Diversified Real Estate Trust reported lower revenue but sharply reduced losses for the quarter ended June 30, 2026. Total revenues were $19.3 million versus $21.0 million a year earlier, driven by softer rental, room, and food and beverage income. Net income was $2.0 million versus a loss of $44.1 million, with common shareholders’ net income of $61 thousand compared with a $45.3 million loss, helped by a $6.5 million positive change in unrealized gains and lower advisory expenses.
Total assets were $1.04 billion at June 30, 2026, slightly below $1.07 billion at December 31, 2025, while total liabilities fell to $324.1 million from $353.9 million. Shareholders’ equity declined to $673.0 million, reflecting accumulated losses and distributions. The trust sold the Bradenton Hampton Inn & Suites for $26.3 million, realizing a $2.8 million loss. Operating cash flow for the first half of 2026 was negative $5.1 million versus positive $7.2 million a year earlier, while investing activities generated $25.3 million and financing used $20.1 million, including common and preferred distributions and debt repayments. The company continued to pay $0.30 per common share and $0.6875 per Series A preferred share in first-half distributions, and maintained REIT status.
Morgan Stanley and Morgan Stanley Smith Barney LLC report their current positions in NexPoint Diversified Real Estate Trust common shares. Morgan Stanley is shown with 2,220,969 shares subject to shared dispositive power, representing 4.3% of the outstanding class, and shared voting power over 49,030 shares. Morgan Stanley Smith Barney LLC is shown with shared dispositive power over 2,171,941 shares and shared voting power over 2 shares, representing 4.2% of the class.
Both entities state that, as of the reporting date, each has ceased to be the beneficial owner of more than five percent of NexPoint’s common shares. Voting and dispositive powers are held on a shared basis, with no sole voting or sole dispositive power reported for either entity.
NexPoint Diversified Real Estate Trust director Brian Mitts reported routine equity compensation activity. On June 10, 2026, 4,830 restricted share units vested and converted into an equal number of common shares, consistent with a grant made on June 10, 2025.
As part of settlement, 2,415 common shares were returned to the company in a disposition to the issuer, and a portion of the grant was settled in cash, according to the footnotes. Following these transactions, Mitts directly owned 26,631 common shares of NexPoint Diversified Real Estate Trust.
NexPoint Diversified Real Estate Trust director Scott F. Kavanaugh reported routine equity compensation activity. On June 10, 2026, he exercised 4,830 restricted share units into 4,830 common shares at $0.00 per share, following their vesting. After this exercise, he holds 26,163 common shares directly and 50,026 common shares indirectly through a benefit plan, reflecting compensation-related awards rather than open-market buying or selling.
NexPoint Diversified Real Estate Trust officer Matt McGraner filed an amended Form 4 to correct a prior tax-withholding entry. The filing clarifies that upon vesting of 73,125 restricted share units on March 18, 2026, 24,837 shares of common stock were withheld to cover tax liability, rather than the 27,821 shares previously reported. Following this correction, McGraner is shown as directly holding 238,999.9675 shares of common stock.
NexPoint Diversified Real Estate Trust director Catherine D. Wood received 4,830 common shares on June 10, 2026 through the vesting and settlement of restricted share units. Each unit represented a right to receive one common share. After this transaction, she directly holds 53,109 common shares. The RSUs were originally granted in an earlier period as part of compensation and vested on June 10, 2026, with settlement generally occurring within 10 days of vesting and potentially in cash at the Compensation Committee’s discretion. The filing describes a routine, compensation-related equity acquisition rather than any open-market buying or selling.
NexPoint Diversified Real Estate Trust director Carol Swain reported routine equity compensation activity involving restricted share units and common shares. On June 10, 2026, she exercised 4,830 restricted share units into 4,830 common shares, reflecting the vesting of a prior RSU grant tied to elective stock dividends and prior awards.
As part of the same event, 2,415 common shares were disposed back to the issuer at $0.00 per share in a non-market transaction, consistent with cash settlement mechanics described in the RSU footnotes. Following these transactions, Swain directly holds 28,196.6308 common shares and has no remaining RSU balance from this grant.
NexPoint Diversified Real Estate Trust officer Dennis Charles Sauter Jr reported compensation-related share activity, combining an option/RSU exercise with tax withholding. On June 10, 2026, he exercised derivative awards covering 6,036 restricted share units, each convertible into one common share at $0.00 per unit.
To cover tax obligations, 3,014 common shares were disposed of at $5.07 per share as a tax-withholding transaction, not an open-market sale. Following these transactions, he directly holds 15,522 common shares. A prior grant on June 10, 2025 of 24,150 restricted share units vests in four equal installments through February 15, 2029, with settlement generally within 10 days of each vesting date and potentially in cash at the Compensation Committee’s discretion.
NexPoint Diversified Real Estate Trust officer Paul Richards reported routine equity compensation activity involving restricted share units and related tax withholding. On June 10, 2026, 6,036 restricted share units converted into an equal number of common shares, reflecting a scheduled vesting.
To cover tax obligations, 3,014 common shares were disposed of at $5.07 per share through a tax-withholding mechanism, not an open-market sale. Following these transactions, Richards directly holds 142,600.65 common shares and 18,114 restricted share units. The RSUs stem from a June 10, 2025 grant of 24,150 units that vest in four equal installments through February 15, 2029.
NexPoint Diversified Real Estate Trust officer Dustin David Norris reported vesting and conversion of 7,245 restricted share units into an equal number of common shares on June 10, 2026. To cover taxes, 1,973 common shares were withheld at $5.07 per share.
After these transactions he holds 869,858.37 common shares directly and 85,073.91 shares indirectly through a 401(k) plan. He previously received 28,980 restricted share units granted June 10, 2025, vesting in four equal installments through February 15, 2029.