NexPoint Diversified Real Estate Trust (NYSE: NXDT) officer converts RSUs and adjusts stock, 869,858 shares held
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,272 shares
Net Buy
4 txns
Insider
NORRIS DUSTIN DAVID
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 7,245 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,245 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,973 | $5.07 | $10K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 21,735 shares (Direct);
Common Stock — 869,858.37 shares (Direct);
Common Stock — 85,073.91 shares (Indirect, By 401(k) Plan)
Footnotes (2)
- F1. Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.
- F2. On June 10, 2025, the reporting person was granted 28,980 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: 7,245 units
Tax-withholding shares: 1,973 shares
Tax-withholding price: $5.07 per share
+4 more
7 metrics
RSUs exercised
7,245 units
Restricted share units converted to common shares on June 10, 2026
Tax-withholding shares
1,973 shares
Common shares withheld to satisfy tax obligations at $5.07 per share
Tax-withholding price
$5.07 per share
Per-share value for common stock used in tax-withholding disposition
Direct common stock holding
869,858.37 shares
Direct post-transaction common stock position reported for Dustin Norris
401(k) plan holding
85,073.91 shares
Common shares held indirectly through a 401(k) plan after the transactions
RSUs granted
28,980 units
Restricted share units granted on June 10, 2025 with four vesting dates
Vesting dates
2026-06-10; 2027-02-15; 2028-02-15; 2029-02-15
Scheduled vesting for the 28,980-unit RSU grant
Key Terms
Restricted Share Units, tax-withholding disposition, 401(k) Plan, Compensation Committee, +1 more
5 terms
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
401(k) Plan financial
"Common Stock held indirectly with nature of ownership "By 401(k) Plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Compensation Committee financial
"Settlement may at the discretion of the Compensation Committee be settled in cash"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
contingent right financial
"Each restricted share unit represents a contingent right to receive one common share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Dustin Norris report in his latest Form 4 for NXDT?
Dustin Norris reported vesting and conversion of 7,245 restricted share units into common shares, with 1,973 shares withheld at $5.07 per share for taxes, and updated direct and 401(k) plan share holdings.
Are Dustin Norris’s NXDT transactions under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox is unchecked, indicating these NXDT transactions were not affirmed as being made pursuant to a Rule 10b5-1 trading plan based on the filing’s disclosure.