Welcome to our dedicated page for Nexpoint Diversified Real Estate Trust SEC filings (Ticker: NXDT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
NexPoint Diversified Real Estate Trust filings document the formal disclosures of an externally advised diversified REIT. Annual proxy materials cover trustee governance, shareholder voting, executive compensation tables and equity award disclosures, while current reports record material agreements involving the operating partnership, advisory arrangements, guarantees and real estate transactions.
The filings also describe related-party review processes, including Audit Committee approvals under the company's Related Party Transaction Policy, and capital-structure matters involving common shares. Recent 8-K disclosures address advisory fee mechanics, participation interests in real estate-related debt, guaranty obligations tied to storage assets and completed hospitality asset dispositions.
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.