Arthur B. Laffer updates NXDT (NYSE: NXDT) stake after RSU vesting and cash settlement
Rhea-AI Filing Summary
NexPoint Diversified Real Estate Trust director Arthur B. Laffer reported routine equity compensation activity. On April 3, 2026, 7,813 restricted share units vested and were exercised into an equal number of common shares at $0.00 per share. As part of the settlement, 3,906 common shares were returned to the issuer, with the remainder increasing his direct holdings to 125,040 common shares. He also has 118,778 shares held indirectly through a limited liability company he controls, for which he disclaims beneficial ownership beyond his economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,907 shares
Net Buy
4 txns
Insider
LAFFER ARTHUR B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 7,813 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,813 | $0.00 | $0.00 |
| Disposition | Common Stock | 3,906 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 0 shares (Direct);
Common Stock — 125,040 shares (Direct);
Common Stock — 118,778 shares (Indirect, By limited liability company)
Footnotes (5)
- F1. Each restricted shares 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. Represents the portion of previously reported restricted share unit grant that vested on April 3, 2026 and settled in cash.
- F4. The reporting person holds these shares indirectly through a limited liability company which the reporting person controls. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F5. On April 3, 2025, the reporting person was granted 7,813 restricted share units which vested on April 3, 2026. 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 vested and exercised: 7,813 units/shares
Shares returned to issuer: 3,906 shares
Direct holdings after transaction: 125,040 common shares
+3 more
6 metrics
RSUs vested and exercised
7,813 units/shares
Restricted share units vesting and converting to common shares on April 3, 2026
Shares returned to issuer
3,906 shares
Disposition to issuer as part of settlement on April 3, 2026
Direct holdings after transaction
125,040 common shares
Direct ownership following April 3, 2026 transactions
Indirect holdings via LLC
118,778 common shares
Indirect ownership through a controlled limited liability company
RSU grant date and amount
7,813 RSUs on April 3, 2025
Grant vesting on April 3, 2026 with settlement generally within 10 days
Exercise price of RSUs
$0.00 per share
Conversion of restricted share units into common shares
Key Terms
Restricted Share Units, disposition to issuer, elective stock dividends, pecuniary interest, +1 more
5 terms
disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
elective stock dividends financial
"Includes shares received pursuant to elective stock dividends paid on the Company's common shares"
pecuniary interest financial
"disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein"
beneficial ownership financial
"disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did Arthur B. Laffer report for NXDT?
Arthur B. Laffer reported routine equity compensation activity for NXDT. 7,813 restricted share units vested and converted into common shares, and 3,906 shares were returned to the issuer, reflecting standard settlement rather than an open-market trade.
What indirect NexPoint (NXDT) holdings does Arthur B. Laffer report?
He reports 118,778 NXDT shares held indirectly through a limited liability company he controls. He disclaims beneficial ownership of those shares except to the extent of his pecuniary interest, meaning they are attributed to the entity rather than solely to him personally.
Were any of Arthur B. Laffer’s NXDT restricted units settled in cash?
Yes. A footnote states that the 7,813 restricted share units represented a previously reported grant that vested on April 3, 2026 and was settled in cash. The disposition of 3,906 shares to the issuer is part of this cash settlement structure.