NexPoint insider exercises 73,125 RSUs into shares
NexPoint Diversified Real Estate Trust director and 10% owner James D. Dondero exercised 73,125 restricted share units into common shares on March 18, 2026.
Rhea-AI Filing Summary
NexPoint Diversified Real Estate Trust director and 10% owner James D. Dondero exercised 73,125 restricted share units into common shares on March 18, 2026. The RSU exercise, at a stated price of $0.00, converted into 73,125 common shares.
Following the transaction, he directly owned 5,702,698.06 common shares and 146,250 restricted share units. The filing also lists various indirect holdings, including UTMA custodial accounts for his children, an employee benefit plan, and multiple investment entities, for which he generally disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
73,125 shares exercised/converted
Exercise
13 txns
Insider
DONDERO JAMES D
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 73,125 | $0.00 | $0.00 |
| Exercise | Common Stock | 73,125 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
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Holdings After Transaction:
Restricted Share Units — 146,250 contracts (Direct);
Common Stock — 5,702,698.06 shares (Direct);
Common Stock — 7,098.8689 shares (Indirect, As custodian of UTMA account for child 1);
Common Stock — 7,083.0353 shares (Indirect, As custodian of UTMA account for child 2);
Common Stock — 7,098.8799 shares (Indirect, As custodian of UTMA account for child 3);
Common Stock — 5,263.4776 shares (Indirect, As custodian of UTMA account for child 4);
Common Stock — 5,037.9168 shares (Indirect, As custodian of UTMA account for child 5);
Common Stock — 7,098.8799 shares (Indirect, As custodian of UTMA account for child 6);
Common Stock — 6,508,030.05 shares (Indirect, See Footnote);
Common Stock — 87,330.648 shares (Indirect, By employee benefit plan)
Footnotes (8)
- F1. Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust (the "Company").
- F2. Includes shares acquired under a dividend reinvestment plan and shares received pursuant to elective stock dividends paid on the Company's common shares.
- F3. The shares are held for one of Mr. Dondero's children, through a custodial account established pursuant to the Uniform Transfer to Minors Act ("UTMA") for which Mr. Dondero serves as custodian. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F4. 41,733 shares are held by Drugcrafters, L.P. ("Drugcrafters"), 92,230.17 shares are held by PCMG Trading Partners XXIII, L.P., 290,517 shares are held by Governance Re Ltd., 14,962.88 shares are held by Highland Capital Management Services, L.P. ("HCM") and 2,388,118 shares are held by NexPoint Real Estate Advisers X, L.P. (the "Adviser"). Mr. Dondero owns 75% of PCMG Trading Partners XXIII, L.P. ("PCMG") and HCM, and PCMG owns 99% of Drugcrafters. Drugcrafters, PCMG, Governance Re Ltd., HCM and the Adviser are ultimately controlled by Mr. Dondero. Mr. Dondero may be deemed to be an indirect beneficial owner of shares held by such entities. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F5. These shares are held by The Dugaboy Investment Trust of which Mr. Dondero is the beneficiary pursuant to an employee purchase plan. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F6. 1,559,149 shares are held by Highland Opportunities and Income Fund and 671,954 shares are held by Highland Global Allocation Fund (both of which are managed by NexPoint Asset Management, L.P., which is ultimately controlled by Mr. Dondero). Mr. Dondero may be deemed to be an indirect beneficial owner of shares held by such entities. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F7. These shares are held by subsidiaries of The Dugaboy Investment Trust. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F8. On March 18, 2024, the reporting person was granted 292,500 restricted share units. The restricted share units vested one-fourth on March 18, 2025 and one-fourth on March 18, 2026, and will vest one-fourth on March 18, 2027 and one-fourth on March 18, 2028. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did James D. Dondero report in this Form 4 for NXDT?
James D. Dondero reported exercising 73,125 restricted share units into common shares of NexPoint Diversified Real Estate Trust. This increased his direct common share ownership, with no reported open-market purchases or sales in this filing.
How are James D. Dondero’s indirect NexPoint (NXDT) holdings structured?
Indirect holdings include UTMA custodial accounts for his children, The Dugaboy Investment Trust, an employee benefit plan, and several investment entities he ultimately controls. He may be deemed an indirect beneficial owner but disclaims ownership except for his pecuniary interest.
Does the NexPoint (NXDT) Form 4 mention dividend reinvestment or stock dividends?
Yes. The filing notes that certain reported holdings include shares acquired under a dividend reinvestment plan and shares received through elective stock dividends paid on NexPoint Diversified Real Estate Trust’s common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
