Every Form 4 that NexPoint Diversified Real Estate Trust (NXDT) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow NXDT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NXDT filings page.
NexPoint Diversified Real Estate Trust director Brian Mitts reported routine equity compensation activity. On June 10, 2026, 4,830 restricted share units vested and converted into an equal number of common shares, consistent with a grant made on June 10, 2025.
As part of settlement, 2,415 common shares were returned to the company in a disposition to the issuer, and a portion of the grant was settled in cash, according to the footnotes. Following these transactions, Mitts directly owned 26,631 common shares of NexPoint Diversified Real Estate Trust.
NexPoint Diversified Real Estate Trust director Scott F. Kavanaugh reported routine equity compensation activity. On June 10, 2026, he exercised 4,830 restricted share units into 4,830 common shares at $0.00 per share, following their vesting. After this exercise, he holds 26,163 common shares directly and 50,026 common shares indirectly through a benefit plan, reflecting compensation-related awards rather than open-market buying or selling.
NexPoint Diversified Real Estate Trust officer Matt McGraner filed an amended Form 4 to correct a prior tax-withholding entry. The filing clarifies that upon vesting of 73,125 restricted share units on March 18, 2026, 24,837 shares of common stock were withheld to cover tax liability, rather than the 27,821 shares previously reported. Following this correction, McGraner is shown as directly holding 238,999.9675 shares of common stock.
NexPoint Diversified Real Estate Trust director Catherine D. Wood received 4,830 common shares on June 10, 2026 through the vesting and settlement of restricted share units. Each unit represented a right to receive one common share. After this transaction, she directly holds 53,109 common shares. The RSUs were originally granted in an earlier period as part of compensation and vested on June 10, 2026, with settlement generally occurring within 10 days of vesting and potentially in cash at the Compensation Committee’s discretion. The filing describes a routine, compensation-related equity acquisition rather than any open-market buying or selling.
NexPoint Diversified Real Estate Trust director Carol Swain reported routine equity compensation activity involving restricted share units and common shares. On June 10, 2026, she exercised 4,830 restricted share units into 4,830 common shares, reflecting the vesting of a prior RSU grant tied to elective stock dividends and prior awards.
As part of the same event, 2,415 common shares were disposed back to the issuer at $0.00 per share in a non-market transaction, consistent with cash settlement mechanics described in the RSU footnotes. Following these transactions, Swain directly holds 28,196.6308 common shares and has no remaining RSU balance from this grant.
NexPoint Diversified Real Estate Trust officer Dennis Charles Sauter Jr reported compensation-related share activity, combining an option/RSU exercise with tax withholding. On June 10, 2026, he exercised derivative awards covering 6,036 restricted share units, each convertible into one common share at $0.00 per unit.
To cover tax obligations, 3,014 common shares were disposed of at $5.07 per share as a tax-withholding transaction, not an open-market sale. Following these transactions, he directly holds 15,522 common shares. A prior grant on June 10, 2025 of 24,150 restricted share units vests in four equal installments through February 15, 2029, with settlement generally within 10 days of each vesting date and potentially in cash at the Compensation Committee’s discretion.
NexPoint Diversified Real Estate Trust officer Paul Richards reported routine equity compensation activity involving restricted share units and related tax withholding. On June 10, 2026, 6,036 restricted share units converted into an equal number of common shares, reflecting a scheduled vesting.
To cover tax obligations, 3,014 common shares were disposed of at $5.07 per share through a tax-withholding mechanism, not an open-market sale. Following these transactions, Richards directly holds 142,600.65 common shares and 18,114 restricted share units. The RSUs stem from a June 10, 2025 grant of 24,150 units that vest in four equal installments through February 15, 2029.
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.
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.
NexPoint Diversified Real Estate Trust director Arthur B. Laffer exercised 4,830 restricted share units into common shares. The units, granted on June 10, 2025, vested on June 10, 2026, with each unit representing one common share.
Following the transaction, he holds 133,465.521 common shares directly and 123,023 common shares indirectly through a limited liability company he controls, for which he disclaims beneficial ownership except to the extent of his pecuniary interest. No open‑market purchases or sales are reported in this filing.
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.
NexPoint Diversified Real Estate Trust director Edward N. Constantino reported routine equity compensation activity. On June 10, 2026, he exercised 4,830 restricted share units into common stock and returned 2,415 common shares to the issuer. Following these transactions, he directly holds 41,186 common shares.
Constantino Edward N. reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust director Edward N. Constantino received a grant of 7,077 restricted share units (RSUs). Each RSU represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust. The grant date was June 2, 2026.
The 7,077 RSUs will vest on June 2, 2027, and settlement will generally occur within 30 days after vesting. Settlement may, at the discretion of the Compensation Committee, be made in either common shares or cash. After this grant, the director holds 7,077 RSUs directly, with no open-market purchase or sale reported.
DONDERO JAMES D reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust director and officer James D. Dondero received a grant of 245,415 restricted share units on June 2, 2026. Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust upon settlement.
The 245,415 restricted share units will vest in four equal installments: one-fourth on June 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029 and one-fourth on February 15, 2030. Settlement will generally occur within 10 days of each vesting date and, at the discretion of the Compensation Committee, may be settled in cash. Following this grant, Dondero holds 245,415 restricted share units directly.
KAVANAUGH SCOTT F reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust director Scott F. Kavanaugh received a compensation grant of 7,077 restricted share units. Each unit represents the right to receive one common share of NexPoint Diversified Real Estate Trust. The units were granted on June 2, 2026 and will vest on June 2, 2027. Settlement will generally occur within 30 days after vesting and, at the discretion of the Compensation Committee, may be settled in cash instead of shares. Following this award, Kavanaugh holds 7,077 restricted share units directly.
LAFFER ARTHUR B reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust director Arthur B. Laffer received a grant of 7,077 restricted share units. The award was made on June 2, 2026 and represents compensation rather than an open-market purchase or sale.
Each restricted share unit provides a contingent right to receive one common share of NexPoint Diversified Real Estate Trust. These 7,077 units will vest on June 2, 2027, and settlement is expected within 30 days after vesting, either in common shares or, at the Compensation Committee’s discretion, in cash. Following this grant, Laffer holds 7,077 restricted share units directly.
McGraner Matt reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust reported that officer Matt McGraner received a grant of 245,415 restricted share units on June 2, 2026. Each unit represents a contingent right to receive one common share.
The RSUs vest in four equal installments: one-fourth on June 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029, and one-fourth on February 15, 2030. Settlement generally occurs within 10 days of vesting and may, at the Compensation Committee’s discretion, be made in cash. Following this award, McGraner holds 245,415 RSUs directly.
Mitts Brian reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust director receives equity award. Director Brian Mitts was granted 7,077 restricted share units on June 2, 2026. Each unit represents a contingent right to receive one common share. These units will vest on June 2, 2027, with settlement generally within 30 days, either in shares or cash at the Compensation Committee’s discretion.
Richards Paul reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust granted officer Paul Richards 71,837 restricted share units, each representing a contingent right to receive one common share. These units vest in four equal parts: one-fourth on June 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029, and one-fourth on February 15, 2030. Following this grant, Richards holds 71,837 restricted share units directly, with settlement generally occurring within 10 days of each vesting date and potentially being settled in cash at the Compensation Committee’s discretion.
Sauter Dennis Charles Jr reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust reported that officer Dennis Charles Sauter Jr received a grant of 19,817 restricted share units on June 2, 2026. Each unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.
The grant vests in four equal installments: one-fourth on June 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029 and one-fourth on February 15, 2030. Settlement will generally occur within 10 days of each vesting date and, at the Compensation Committee’s discretion, may be settled in cash instead of shares. Following this award, Sauter holds 19,817 restricted share units directly.
Swain Carol reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust director Carol Swain received a grant of 7,077 restricted share units. Each unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust. The award was granted on June 2, 2026 and will vest on June 2, 2027.
Settlement is expected to occur within 30 days after vesting and, at the discretion of the Compensation Committee, may be settled in cash. Following this grant, Swain holds 7,077 restricted share units directly.
Wood Catherine D. reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust director Catherine D. Wood received a grant of 7,077 restricted share units. Each unit represents a contingent right to receive one common share. The award was granted on June 2, 2026 and will vest on June 2, 2027, with settlement generally occurring within 30 days and potentially in cash at the Compensation Committee’s discretion.
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.
NexPoint Diversified Real Estate Trust officer Paul Richards filed an amended insider report correcting a recent stock award entry. On March 18, 2026, he acquired 8,929 common shares through the vesting of restricted share units. Of these, 5,072 shares were withheld at $4.41 per share to cover tax obligations. After these compensation-related transactions, he directly holds 128,235 common shares.
The amendment clarifies that the original filing mistakenly reported 8,989 shares acquired, and this update aligns his reported direct holdings with the actual RSU vesting outcome.
NexPoint Diversified Real Estate Trust officer Matt McGraner reported multiple compensation-related equity transactions. On March 18, April 3, and April 4, 2026, he exercised restricted share units, acquiring a total of 177,610 common shares through derivative exercises.
To cover tax obligations, 59,686 common shares were disposed of as tax-withholding transactions at prices around $4.41–$4.43 per share. After these events, he directly held 308,635.8675 common shares, plus indirect holdings of 2,127 shares through a family trust and 965.9183 shares via a 401(k) plan.
NexPoint Diversified Real Estate Trust director Catherine D. Wood reported routine equity compensation activity. She received restricted share units that each represent a right to one common share of NexPoint Diversified Real Estate Trust. She also exercised derivative rights to acquire 7,813 common shares at a price of $0.00 per share, bringing her direct holdings to 46,883 common shares.
Footnotes explain that some shares include amounts received through elective stock dividends on the company’s common shares. A prior grant of 7,918 restricted share units made on April 3, 2025 vested on April 3, 2026, with settlement generally occurring within 10 days of vesting and at the Compensation Committee’s discretion may be settled in cash.
NexPoint Diversified Real Estate Trust director Carol Swain reported routine equity compensation activity involving restricted share units and common shares. On April 3, 2026, 7,813 restricted share units converted into an equal number of common shares at a stated price of $0.00 per share, reflecting vesting of a grant originally awarded on April 3, 2025. The filing shows 3,906 common shares were then returned to the company in a disposition to the issuer, and Swain now directly holds 25,278.855 common shares, including shares received through elective stock dividends on the company’s common shares.
NexPoint Diversified Real Estate Trust officer Dennis Charles Sauter Jr. exercised restricted share units into common shares in early April 2026. He converted 12,256 restricted share units into the same number of common shares, reflecting vesting from prior equity awards granted in 2023 and 2025.
To satisfy tax obligations, 6,514 common shares were delivered back at $4.43 per share, classified as tax-withholding dispositions rather than open-market sales. After these compensation-related transactions, he directly holds 12,372 common shares, and this Form 4 shows no remaining derivative positions.
NexPoint Diversified Real Estate Trust officer Paul Richards reported routine equity compensation activity. On April 3 and 4, he exercised restricted share units to acquire a total of 15,365 common shares at a conversion price of $0.00 per share.
To cover tax obligations, 8,466 common shares were withheld at $4.43 per share through tax-withholding dispositions, which are not open-market sales. After these transactions, Richards directly owns 135,134 common shares. The exercised restricted share units relate to grants made in 2023 and 2025 that vest in stages through 2029.
NEXPOINT DIVERSIFIED REAL ESTATE TRUST officer Dustin David Norris exercised restricted share units that settled into common shares and triggered tax withholding. On April 3 and 4, 2026 he converted 24,158 restricted share units into 24,158 common shares at $0.00 per share.
To cover tax obligations, 8,476 common shares were disposed of at $4.43 per share through tax-withholding transactions, which are not open-market sales. After these transactions, he held 793,002.07 common shares directly and 82,414.16 common shares indirectly through a 401(k) plan, and 35,163 restricted share units remained outstanding.
NexPoint Diversified Real Estate Trust director Brian Mitts reported compensation-related equity activity involving restricted share units and common stock. On April 3, 2026 and April 4, 2026, he exercised a total of 15,276 restricted share units into an equal number of common shares at $0.00 per share.
Portions of these previously granted restricted share units vested and were settled in cash at the discretion of the Compensation Committee, with related dispositions of 3,906 and 1,119 common shares back to the issuer and 2,724 shares withheld at $4.43 per share to cover tax obligations. After these transactions, Mitts directly holds 24,216 common shares of NXDT.
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.
NexPoint Diversified Real Estate Trust director Scott F. Kavanaugh exercised previously granted restricted share units into common shares. On April 3, 2026, 7,813 restricted share units converted into 7,813 common shares at an exercise price of $0.00 per share, reflecting vesting of equity compensation rather than a market purchase.
Following the transaction, Kavanaugh holds 28,656 common shares directly. In addition, 48,877 common shares are held indirectly through a benefit plan for his benefit, including shares acquired via elective stock dividends. No open-market buys or sells were reported in this filing, and no derivative awards remain outstanding from this grant.
NexPoint Diversified Real Estate Trust director and officer James D. Dondero exercised restricted share units into common shares. On April 3 and 4, 2026, he converted a total of 106,276 restricted share units into 106,276 common shares at a stated price of $0.00 per share.
Following these settlements, his direct holdings increased to 5,808,974.06 common shares. The restricted share units stem from grants of 237,446 units on April 3, 2025 and 187,662 units on April 4, 2023, which vest in four installments, with settlement generally within 10 days of vesting and potentially in cash at the Compensation Committee’s discretion.
The filing also records indirect holdings, including shares held in custodial Uniform Transfers to Minors Act accounts for six of his children and significant positions held by various partnerships, funds and trusts that are ultimately controlled by or associated with him. He may be deemed an indirect beneficial owner of those shares but disclaims beneficial ownership except to the extent of his pecuniary interest.
NexPoint Diversified Real Estate Trust director Edward N. Constantino exercised 7,813 restricted share units into the same number of common shares on April 3, 2026. He then returned 3,906 common shares to the issuer, resulting in a net increase of 3,907 shares and direct holdings of 37,569 common shares.
Wood Catherine D. reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust director Catherine D. Wood received a grant of 3,247 restricted share units. Each unit represents a contingent right to receive one common share. The award was granted on April 2, 2026 and will vest on April 2, 2027, with settlement generally within 30 days and potentially in cash at the Compensation Committee’s discretion.
Swain Carol reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust director Carol Swain received a compensation grant of restricted share units. On April 2, 2026, she was awarded 3,247 restricted share units, each representing a contingent right to receive one common share of the trust. These units will vest on April 2, 2027, and settlement will generally occur within 30 days after vesting, either in common shares or, at the Compensation Committee’s discretion, in cash. Following this grant, she holds 3,247 restricted share units directly.
Sauter Dennis Charles Jr reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust reported that insider Dennis Charles Sauter Jr. received a grant of 9,091 restricted share units, each representing a contingent right to receive one common share. Following this grant, he holds 9,091 restricted share units directly.
The award vests in four equal installments: one-fourth on April 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029, and one-fourth on February 15, 2030. Settlement will generally occur within 10 days of each vesting date and may, at the Compensation Committee’s discretion, be settled in cash instead of shares.
Richards Paul reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust officer Paul Richards received a grant of 32,958 restricted share units on April 2, 2026. Each unit represents a contingent right to receive one common share. The award vests in four equal installments through 2030 and is a form of equity compensation, not an open-market stock purchase.
The units vest one-fourth on April 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029, and one-fourth on February 15, 2030. Settlement is expected within 10 days of each vesting date and may, at the Compensation Committee’s discretion, be made in cash instead of shares.
Mitts Brian reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust director Brian Mitts reported receiving a grant of 3,247 restricted share units on April 2, 2026. Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.
The 3,247 restricted share units will vest on April 2, 2027. Settlement will generally occur within 30 days after vesting and may, at the discretion of the Compensation Committee, be settled in cash. Following this grant, Mitts holds 3,247 restricted share units directly.
McGraner Matt reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust granted officer Matt McGraner 112,594 restricted share units (RSUs) on April 2, 2026. Each RSU represents a contingent right to receive one common share. The award vests in four equal installments through 2030, with settlement generally within 10 days of each vesting date and potentially in cash at the Compensation Committee’s discretion.
LAFFER ARTHUR B reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust director Arthur B. Laffer received a compensation grant of 3,247 restricted share units on April 2, 2026. Each unit gives a contingent right to one common share. The award will vest on April 2, 2027, and settlement is expected within 30 days of vesting, either in shares or, at the Compensation Committee’s discretion, in cash. After this grant, Laffer holds 3,247 restricted share units directly.
KAVANAUGH SCOTT F reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust director Scott F. Kavanaugh received a grant of 3,247 restricted share units on April 2, 2026. Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.
The 3,247 restricted share units will vest on April 2, 2027. Settlement is generally expected to occur within 30 days after vesting and, at the discretion of the Compensation Committee, may be settled in either common shares or cash. After this grant, Kavanaugh holds 3,247 restricted share units directly.
DONDERO JAMES D reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust director and officer James D. Dondero received a grant of 112,594 restricted share units (RSUs) on April 2, 2026. Each RSU represents a contingent right to receive one common share of the trust.
The RSUs vest in four equal installments: one-fourth on April 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029, and one-fourth on February 15, 2030. Settlement generally occurs within 10 days of each vesting date and, at the Compensation Committee’s discretion, may be settled in cash instead of shares.
Constantino Edward N. reported acquisition or exercise transactions in this Form 4 filing.
NexPoint Diversified Real Estate Trust director Edward N. Constantino received a compensation grant of 3,247 restricted share units on April 2, 2026. Each unit represents a contingent right to receive one common share, vesting on April 2, 2027. Settlement is expected within 30 days after vesting and may, at the Compensation Committee’s discretion, be made in cash instead of shares.
NexPoint Diversified Real Estate Trust director Brian Mitts reported compensation-related equity activity. On March 18, 2026, he exercised 5,357 restricted share units into 5,357 common shares at an exercise price of $0.00 per share. The filing shows 804 common shares were returned to the issuer and 1,200 common shares were disposed of to cover tax obligations at $4.41 per share. Following these transactions, he directly holds 16,689 common shares and 10,714 restricted share units.
NexPoint Diversified Real Estate Trust director and 10% owner James D. Dondero exercised 73,125 restricted share units into common shares on March 18, 2026. The RSU exercise, at a stated price of $0.00, converted into 73,125 common shares.
Following the transaction, he directly owned 5,702,698.06 common shares and 146,250 restricted share units. The filing also lists various indirect holdings, including UTMA custodial accounts for his children, an employee benefit plan, and multiple investment entities, for which he generally disclaims beneficial ownership except to the extent of his pecuniary interest.
NexPoint Diversified Real Estate Trust executive Dennis Charles Sauter Jr exercised 2,679 restricted share units into an equal number of common shares. These restricted share units, each representing one common share, were part of a grant made on March 18, 2024 with scheduled vesting through March 18, 2028.
On the same date, 1,522 common shares were withheld at $4.41 per share to cover tax obligations, a non-market disposition coded as a tax-withholding transaction. After these transactions, Sauter directly held 6,630 common shares and 5,358 restricted share units, indicating a routine compensation-related exercise and associated tax withholding rather than an open-market trade.
NexPoint Diversified Real Estate Trust officer Dustin David Norris exercised restricted share units into common stock and had shares withheld to cover taxes. On March 18, 2026, he exercised 17,857 restricted share units at $0.00 per share, receiving the same number of common shares.
To satisfy tax obligations, 6,551 common shares were withheld at $4.41 per share. After these transactions, Norris held 777,320.07 common shares directly and 82,414.16 common shares indirectly through a 401(k) plan. The exercised units are part of a 71,429-unit grant that vests in four annual installments from March 18, 2025 through March 18, 2028.
NexPoint Diversified Real Estate Trust officer Paul Richards reported routine equity compensation activity rather than open‑market trading. On March 18, 2026, he exercised 8,929 restricted share units into the same number of common shares and another 8,989 common shares through derivative exercise transactions at a stated price of $0.00 per share. To cover tax obligations, 5,072 common shares were withheld at $4.41 per share, a non‑market disposition. Following these transactions, Richards directly owns 128,295 common shares and 17,858 restricted share units, each RSU representing a contingent right to one common share. The RSUs derive from a 35,714‑unit grant on March 18, 2024, vesting in four equal annual installments from 2025 through 2028, with settlement generally within 10 days of each vesting date.