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.
The NexPoint Diversified Real Estate Trust (NYSE: NXDT) SEC filings page on Stock Titan provides access to the trust’s regulatory disclosures as a U.S.-listed diversified real estate investment trust. As an externally advised REIT focused on opportunistic and value-add investments across multiple U.S. real estate sectors, NXDT files a range of documents with the Securities and Exchange Commission that explain its structure, advisory arrangements, risks, and capital decisions.
Through this page, users can review Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q, which the company references in its news releases as sources for detailed information on its business and risk factors. Current Reports on Form 8-K highlight specific events, such as amendments to the Advisory Agreement with NexPoint Real Estate Advisors X, L.P. that modify how advisory fees may be paid in cash or common shares, or board decisions regarding the timing of a potential conversion from a Delaware statutory trust to a Maryland corporation.
Investors can also use this page to track other SEC filings that relate to NXDT’s real estate investment activities, capital structure, and regulatory status. The company has pointed investors to EDGAR for its filings and has noted that Canadian resident securityholders can access the same U.S. disclosure documents, particularly in connection with its application to cease to be a reporting issuer in Canada.
Stock Titan enhances these filings with AI-powered summaries that highlight key points, helping users navigate lengthy documents like 10-Ks and 10-Qs and understand the implications of 8-K disclosures. Real-time updates from EDGAR, combined with simplified explanations, allow investors, analysts, and researchers to follow NexPoint Diversified Real Estate Trust’s regulatory history, advisory arrangements, and corporate actions directly from its official SEC record.
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.
NexPoint Diversified Real Estate Trust entered into two significant debt-related arrangements involving guarantees and secured loans. The Company became an additional guarantor under an amended and restated guaranty tied to an existing $28.5 million NSP Loan bearing interest at 3.62% per annum and maturing on October 6, 2031. This guaranty is generally limited to specified “bad acts” but can become full recourse for the outstanding debt if certain insolvency or similar events occur.
Separately, indirect subsidiaries borrowed $39,390,000 from The Ohio State Life Insurance Company at 8.5% per annum, with an initial maturity of February 12, 2029 and two potential one-year extensions. The loan is secured by mortgages on two hotel properties and was used to refinance existing indebtedness. It includes financial covenants, prepayment minimum interest, a 1% exit fee, and a non-recourse carve-out guaranty from the operating partnership that can also become full recourse upon specified “bad act” or bankruptcy-type events.
The Vanguard Group filed an amended Schedule 13G reporting beneficial ownership of 2,184,062 shares of NexPoint Diversified Real Estate Trust common stock, representing 4.45% of the class as of 12/31/2025.
Vanguard reports no sole voting or dispositive power, with 275,628 shares subject to shared voting power and all 2,184,062 shares subject to shared dispositive power. The filing notes that Vanguard’s clients have rights to dividends and sale proceeds, and no individual client holds more than 5% of the class. Vanguard also describes an internal realignment effective 01/12/2026, after which certain subsidiaries are expected to report beneficial ownership separately, and certifies that the holdings are in the ordinary course of business and not for influencing control.
NexPoint Diversified Real Estate Trust (NXDT) received an updated Schedule 13D/A from long‑time holder James D. Dondero and related party Nancy Marie Dondero. As of January 16, 2026, James D. Dondero may be deemed to beneficially own 12,093,550.44 shares of common stock, representing about 24.02% of the outstanding shares. Nancy Marie Dondero may be deemed to beneficially own 1,474,875.8617 shares, or about 2.9% of the company.
The filing explains that since the prior amendment, the reporting persons increased their holdings through the company’s Dividend Reinvestment Plan, cash dividends paid in common stock, and stock received indirectly via monthly advisory fees paid in shares under the Advisory Agreement with NexPoint Real Estate Advisers X, L.P. before September 2025. The update also details how voting and dispositive power is split between sole and shared control across direct holdings, managed accounts, employee benefit plans, custodial accounts, joint accounts, and a trust.
NexPoint Diversified Real Estate Trust reported that, on January 16, 2026, an entity associated with President and 10% owner James Dondero received additional shares as compensation under an advisory agreement. NexPoint Real Estate Advisers X, L.P. (the Adviser), which is ultimately controlled by Dondero, was issued 93,380.41 common shares for July fees at a VWAP of $4.7863 per share and 119,482.76 common shares for August fees at a VWAP of $3.8346 per share, both paid in stock rather than cash.
After these transactions, the Form 4 lists Dondero with indirect beneficial ownership of over 2.8 million shares through the Adviser and other entities and accounts, including investment funds, trusts, and custodial UTMA accounts for his children, while he disclaims beneficial ownership beyond his pecuniary interest.
NexPoint Diversified Real Estate Trust reported an insider stock transaction by director Brian Mitts. On 12/18/2025, Mitts sold 14,449.06 shares of common stock at a price of $4.18 per share. The sale was reported as an indirect holding through a 401(k) plan, and that indirect position went to zero after the transaction. Following the reported sale, Mitts beneficially owned 13,011 shares of common stock directly.
NexPoint Diversified Real Estate Trust has a planned sale of 14,053 shares of its common stock under a Rule 144 notice. The shares are to be sold through broker Charles Schwab & Co. Inc. on the NYSE, with an approximate sale date of 12/12/2025 and an aggregate market value of $42,159.00 for this transaction.
The 14,053 common shares were originally acquired on 02/27/2007 through purchases of issuer securities in a 401(k) plan, with cash payment dated 12/31/2024. The issuer reports 49,020,409 common shares outstanding. The seller represents in the notice that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.
NexPoint Diversified Real Estate Trust director Arthur Laffer reported open-market purchases of the company’s common stock in early December. On December 4, 2025, he bought 5,271.423 shares at a weighted average price of $2.66 per share, bringing his directly held position to 112,906.979 shares. On December 5, 2025, he purchased another 4,885.542 shares at a weighted average price of $2.87, increasing his direct holdings to 117,792.521 shares.
Also on December 5, 2025, 4,895 shares were acquired at a weighted average price of $2.86 per share through a limited liability company that he controls, resulting in 114,606 shares held indirectly. The prices reported reflect weighted averages for multiple trades within narrow price ranges, and detailed trade information is available upon request as described in the footnotes.