STOCK TITAN

NXDT (NXDT) insider Dustin Norris buys 53,663 common shares in open market

(Moderate)
(Positive)
Form Type
4

Rhea-AI Filing Summary

NexPoint Diversified Real Estate Trust executive Dustin David Norris reported an open-market purchase of 53,663 shares of common stock at a weighted average price of $4.90 per share. The shares were bought on May 20, 2026 in multiple trades priced between $4.86 and $4.90.

Following this transaction, Norris directly holds 864,586.37 common shares and indirectly holds 85,073.91 common shares through a 401(k) plan. Some of the reported holdings include shares received via an elective stock dividend on the company’s common shares.

Positive

  • None.

Negative

  • None.
Insider NORRIS DUSTIN DAVID
Role See Remarks
Bought 53,663 shs ($263K)
Type Security Shares Price Value
Purchase Common Stock 53,663 $4.90 $263K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 864,586.37 shares (Direct); Common Stock — 85,073.91 shares (Indirect, By 401(k) Plan)
Footnotes (2)
  1. F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.86 to $4.90, inclusive. The reporting person undertakes to provide to NexPoint Diversified Real Estate Trust (the "Company"), any security holder of NexPoint Diversified Real Estate Trust, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
  2. F2. Includes shares received pursuant to an elective stock dividend paid on the Company's common shares.
Shares purchased 53,663 shares Open-market purchase of common stock on May 20, 2026
Weighted average purchase price $4.90 per share Open-market purchase range $4.86–$4.90
Direct holdings after transaction 864,586.37 shares Common stock held directly following purchase
Indirect 401(k) holdings 85,073.91 shares Common stock held indirectly via 401(k) plan
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
elective stock dividend financial
"Includes shares received pursuant to an elective stock dividend paid on the Company's common shares."
401(k) Plan financial
"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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What insider transaction did NXDT executive Dustin David Norris report?

Dustin David Norris reported buying 53,663 shares of NexPoint Diversified Real Estate Trust common stock in the open market. The weighted average purchase price was $4.90 per share, with individual trades executed between $4.86 and $4.90 on May 20, 2026.

At what price did Dustin David Norris buy NXDT shares?

He purchased NXDT common shares at a weighted average price of $4.90 per share. According to the disclosure, the individual transactions occurred in a price range from $4.86 to $4.90 per share, reflecting multiple trades executed on May 20, 2026.

How many NXDT shares does Dustin David Norris own after this Form 4?

After the reported transaction, Norris directly owns 864,586.37 NexPoint Diversified Real Estate Trust common shares. In addition, he indirectly owns 85,073.91 common shares through a 401(k) plan, giving a combined reported economic interest across direct and indirect holdings.

What does the Form 4 say about Norris’s indirect NXDT holdings?

The Form 4 shows an indirect holding of 85,073.91 NexPoint Diversified Real Estate Trust common shares. These shares are held through a 401(k) plan, meaning ownership is reported as indirect, with the plan structure holding the shares on the reporting person’s behalf.

Do Norris’s NXDT holdings include shares from an elective stock dividend?

Yes, the filing states that his reported holdings include shares received through an elective stock dividend on the company’s common shares. This means some of the total shares now reported were credited as stock instead of cash under the dividend program.

What does the weighted average price disclosure in the NXDT Form 4 mean?

The weighted average price of $4.90 reflects multiple trades aggregated into a single figure. The filing explains that individual purchases occurred between $4.86 and $4.90, and the reporting person can provide detailed trade breakdowns to the company, shareholders, or regulators upon request.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
NORRIS DUSTIN DAVID

(Last)(First)(Middle)
300 CRESCENT COURT, SUITE 700

(Street)
DALLAS TEXAS 75201

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NEXPOINT DIVERSIFIED REAL ESTATE TRUST [ NXDT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/20/2026P53,663A$4.9(1)864,586.37(2)D
Common Stock85,073.91(2)IBy 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.86 to $4.90, inclusive. The reporting person undertakes to provide to NexPoint Diversified Real Estate Trust (the "Company"), any security holder of NexPoint Diversified Real Estate Trust, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
2. Includes shares received pursuant to an elective stock dividend paid on the Company's common shares.
Remarks:
Executive Vice President
/s/ Paul Richards, as attorney-in-fact for Dustin Norris05/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)