NexPoint (NYSE: NXDT) exec vests RSUs, uses company shares to cover tax
Rhea-AI Filing Summary
NexPoint Diversified Real Estate Trust officer Matt McGraner reported compensation-related share movements involving restricted share units and common stock. He exercised 36,692 common shares via a derivative transaction and 6,036 restricted share units that each convert into one common share. To cover tax obligations, 15,849 common shares were disposed of at $5.07 per share as a tax-withholding transaction rather than an open-market sale. After these transactions, he directly holds 338,420 common shares and 110,076 restricted share units. He also has indirect interests in 965.9183 common shares through a 401(k) plan and 2,127 common shares held in a family trust, where he disclaims beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,843 shares
Net Buy
5 txns
Insider
McGraner Matt
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 6,036 | $0.00 | $0.00 |
| Exercise | Common Stock | 36,692 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 15,849 | $5.07 | $80K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 110,076 shares (Direct);
Common Stock — 338,420 shares (Direct);
Common Stock — 2,127 shares (Indirect, See Footnote);
Common Stock — 965.9183 shares (Indirect, By 401(k) Plan)
Footnotes (4)
- 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 received pursuant to elective stock dividends paid on the Company's common shares.
- F3. The reporting person holds these shares indirectly through a trust for the benefit of certain of the reporting person's family members. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F4. 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
Shares exercised (common): 36,692 shares
RSUs exercised: 6,036 units
Tax-withheld shares: 15,849 shares at $5.07
+5 more
8 metrics
Shares exercised (common)
36,692 shares
M-code derivative exercise into common stock on June 10, 2026
RSUs exercised
6,036 units
Restricted share units converting into 6,036 common shares
Tax-withheld shares
15,849 shares at $5.07
F-code tax-withholding disposition of common stock
Direct common shares after
338,420 shares
Direct holdings of common stock following transactions
RSUs remaining
110,076 units
Restricted share units outstanding after reported vesting/exercise
401(k) indirect shares
965.9183 shares
Common stock held indirectly via 401(k) plan
Family trust shares
2,127 shares
Indirect holdings in a family trust; beneficial ownership disclaimed except pecuniary interest
RSU grant size
146,768 units
Restricted share units granted on June 10, 2025 with multi-year vesting
Key Terms
restricted share units, tax-withholding disposition, pecuniary interest, elective stock dividends, +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.
pecuniary interest financial
"disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein"
elective stock dividends financial
"Includes shares received pursuant to elective stock dividends paid on the Company's common shares."
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did NXDT officer Matt McGraner report in this Form 4?
Matt McGraner reported routine equity compensation activity involving restricted share units and common stock. He exercised derivative awards into common shares and used a portion of shares to satisfy tax obligations, updating his direct and indirect ownership positions in NexPoint Diversified Real Estate Trust.
What are Matt McGraner’s direct holdings after these NXDT transactions?
Following the reported transactions, McGraner directly holds 338,420 common shares of NexPoint Diversified Real Estate Trust and 110,076 restricted share units. The restricted units represent a right to receive an equal number of common shares upon future vesting and settlement events described in the compensation terms.
What indirect NXDT holdings are associated with Matt McGraner?
The filing shows 965.9183 common shares held indirectly through a 401(k) plan and 2,127 common shares held through a family trust. For the trust position, he disclaims beneficial ownership except for his pecuniary interest, meaning his economic stake may be limited relative to total trust holdings.