NexPoint (NXDT) director Dondero exercises 36,692 RSUs, holds 6.0M shares
Rhea-AI Filing Summary
NexPoint Diversified Real Estate Trust director and 10% owner James D. Dondero reported an exercise of equity awards and updated his holdings. On June 10, 2026 he exercised 36,692 restricted share units into common stock at $0.00 per share, bringing his directly held common shares to 6,046,963.064. His directly held restricted share units totaled 110,076 after the transaction, each representing the right to receive one common share.
A footnote explains these restricted share units were part of a 146,768-unit grant on June 10, 2025, vesting in four equal installments between June 10, 2026 and February 15, 2029, with settlement generally occurring within 10 days of vesting and potentially in cash at the Compensation Committee’s discretion. Additional common shares are held indirectly through employee benefit and investment plans, partnerships, funds, trusts, and UTMA custodial accounts for his children, where Dondero may be deemed an indirect beneficial owner but disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 36,692 shares
Net Buy
13 txns
Insider
DONDERO JAMES D
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 36,692 | $0.00 | $0.00 |
| Exercise | Common Stock | 36,692 | $0.00 | $0.00 |
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Holdings After Transaction:
Restricted Share Units — 110,076 shares (Direct);
Common Stock — 6,046,963.064 shares (Direct);
Common Stock — 7,386.2797 shares (Indirect, As custodian of UTMA account for child 1);
Common Stock — 7,370.3694 shares (Indirect, As custodian of UTMA account for child 2);
Common Stock — 7,386.2907 shares (Indirect, As custodian of UTMA account for child 3);
Common Stock — 5,476.991 shares (Indirect, As custodian of UTMA account for child 4);
Common Stock — 5,242.3344 shares (Indirect, As custodian of UTMA account for child 5);
Common Stock — 7,386.2907 shares (Indirect, As custodian of UTMA account for child 6);
Common Stock — 6,672,885.15 shares (Indirect, See Footnote);
Common Stock — 90,471.1462 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 an elective stock dividend 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. 43,224 shares are held by Drugcrafters, L.P. ("Drugcrafters"), 95,972.27 shares are held by PCMG Trading Partners XXIII, L.P., 297,351 shares are held by Governance Re Ltd., 14,962.88 shares are held by Highland Capital Management Services, L.P. ("HCM") and 2,444,298 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. 1,595,828 shares are held by Highland Opportunities and Income Fund and 687,761 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 June 10, 2025, the reporting person was granted 146,768 restricted share units. The restricted share units vested one-fourth on June 10, 2026 and will vest one-fourth on February 15, 2027, one-fourth on February 15, 2028 and one-fourth on February 15, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.
Key Figures
RSUs exercised: 36,692 units
Exercise price: $0.00 per share
Direct common shares after transaction: 6,046,963.064 shares
+3 more
6 metrics
RSUs exercised
36,692 units
Restricted share units converted to common stock on June 10, 2026
Exercise price
$0.00 per share
Price for restricted share units exercised into common stock
Direct common shares after transaction
6,046,963.064 shares
Directly held NexPoint common stock after June 10, 2026
RSUs remaining after transaction
110,076 units
Directly held restricted share units following June 10, 2026 exercise
Original RSU grant
146,768 units
Restricted share units granted on June 10, 2025
RSU vesting dates
June 10, 2026; Feb 15, 2027; Feb 15, 2028; Feb 15, 2029
Four equal vesting installments for 146,768-unit grant
Key Terms
restricted share unit, dividend reinvestment plan, elective stock dividend, Uniform Transfer to Minors Act, +1 more
5 terms
dividend reinvestment plan financial
"Includes shares acquired under a dividend reinvestment plan and shares received"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
elective stock dividend financial
"shares received pursuant to an elective stock dividend paid on the Company's common shares"
Uniform Transfer to Minors Act financial
"custodial account established pursuant to the Uniform Transfer to Minors Act ("UTMA")"
pecuniary interest financial
"disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did James D. Dondero report for NXDT?
James D. Dondero reported exercising 36,692 restricted share units into common stock at $0.00 per share. This moved equity awards into directly held NexPoint Diversified Real Estate Trust shares as part of his ongoing compensation-related vesting schedule.
How are Dondero’s indirect NXDT holdings structured according to the Form 4?
Indirect holdings are spread across partnerships, funds, trusts, employee benefit plans, and UTMA custodial accounts for his children. Entities such as Drugcrafters, PCMG, Governance Re, and various funds hold shares; Dondero disclaims beneficial ownership except for his pecuniary interest.