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.
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, through its operating partnership, agreed to a side letter giving it an undivided participation interest in $962,000 principal amount of a secured promissory note to NexPoint Storage Partners Operating Company.
The underlying NSP Note permits total borrowing of up to $40 million, with $22.7 million outstanding as of April 3, 2026, bears 14% per annum interest payable in kind, is interest-only during its term, and matures on January 16, 2031. Borrowings are secured by a first priority lien on certain income streams and related deposit accounts of the co-borrowers.
As of April 3, 2026, the Company owned approximately 53.02% of the outstanding common stock of NexPoint Storage Partners, and various parties to the note and participation arrangements are advised or managed by affiliates of the Company’s external adviser, highlighting a significant related-party financing structure.
NexPoint Diversified Real Estate Trust reports its 2025 annual results and details an opportunistic, diversified real estate strategy focused on income and capital appreciation.
The REIT invests across commercial property types and the capital structure, with its portfolio 77.6% in real estate investments and 22.4% in other assets as of December 31, 2025. It operates two segments: Diversified, centered on value-add real estate and credit, and Hospitality, focused on U.S. hotels.
Key 2025 actions include a $95 million refinancing of the Marriott Uptown loan that generated about $18.2 million of cash distributions, taking NexPoint Hospitality Trust private, and investing $16.3 million of preferred equity into AMS C‑Store JV, LLC at an 18% cumulative return. The company also launched a 9.00% Series B Cumulative Redeemable Preferred Shares offering, issuing about $22.4 million of gross proceeds toward a possible $400 million program, and began a $20.0 million share repurchase program, buying roughly $1.9 million of common shares.
At June 30, 2025, non‑affiliate equity market value was approximately $153.3 million, and as of March 31, 2026, there were 50,219,590 common shares outstanding. Management plans to sell $100 million to $150 million of legacy assets to recycle capital into residential, self‑storage and life sciences, while generally targeting leverage not exceeding 3‑to‑1.