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.
Matt McGraner, Executive VP and Chief Investment Officer of NexPoint Diversified Real Estate Trust (NXDT), was granted 57,323.76 LTIP Units on 04/17/2025. Of the total award, 50,157 LTIP Units vested immediately as of the grant date and 7,166.76 LTIP Units remain subject to future vesting on December 13, 2025. Each LTIP Unit may be redeemed for cash or common shares at the issuer's option and is subject to adjustment for corporate events. The grant arose under an Agreement and Plan of Merger tied to the closing of NHT Hospitality, Inc.'s merger, with an exchange rate derived from $0.36 divided by the ten-day VWAP of $3.7228. This filing is an amendment to correct the number of LTIP Units that vested immediately.
Matt McGraner, Executive VP and Chief Investment Officer of NexPoint Diversified Real Estate Trust (NXDT), was granted 57,323.76 LTIP Units on 04/17/2025. Of the total award, 50,157 LTIP Units vested immediately as of the grant date and 7,166.76 LTIP Units remain subject to future vesting on December 13, 2025. Each LTIP Unit may be redeemed for cash or common shares at the issuer's option and is subject to adjustment for corporate events. The grant arose under an Agreement and Plan of Merger tied to the closing of NHT Hospitality, Inc.'s merger, with an exchange rate derived from $0.36 divided by the ten-day VWAP of $3.7228. This filing is an amendment to correct the number of LTIP Units that vested immediately.
Brian Mitts, a director of NexPoint Diversified Real Estate Trust (NXDT), was granted 33,071.85 LTIP Units on 04/17/2025. Of those units, 28,936 vested immediately on the grant date; the remaining 4,133.85 units vest on 12/13/2025 and do not expire. Each LTIP Unit may be redeemed for cash or common shares at the issuer's option and is subject to adjustment for corporate actions. The LTIP Units were issued as replacement equity under a November 22, 2024 merger agreement using a specified exchange rate tied to the 10-day VWAP prior to closing. This filing is an amendment correcting the number of units that vested immediately and was originally reported on 04/21/2025.
Brian Mitts, a director of NexPoint Diversified Real Estate Trust (NXDT), was granted 33,071.85 LTIP Units on 04/17/2025. Of those units, 28,936 vested immediately on the grant date; the remaining 4,133.85 units vest on 12/13/2025 and do not expire. Each LTIP Unit may be redeemed for cash or common shares at the issuer's option and is subject to adjustment for corporate actions. The LTIP Units were issued as replacement equity under a November 22, 2024 merger agreement using a specified exchange rate tied to the 10-day VWAP prior to closing. This filing is an amendment correcting the number of units that vested immediately and was originally reported on 04/21/2025.
NexPoint Diversified Real Estate Trust reported an amended Form 4 showing that Paul Richards, an officer and director, was granted a total of 13,228.56 LTIP Units in the Issuer's operating partnership, of which 11,574 LTIP Units vested immediately at grant. The remaining LTIP Units vest on December 13, 2025 and do not expire. Each LTIP Unit can be redeemed for cash or common shares at the Issuer's option, and settlement generally occurs within 10 days of vesting though the Compensation Committee may elect cash settlement. The amendment corrects a prior filing that misstated the number of units that vested on the grant date.
NexPoint Diversified Real Estate Trust reported an amended Form 4 showing that Paul Richards, an officer and director, was granted a total of 13,228.56 LTIP Units in the Issuer's operating partnership, of which 11,574 LTIP Units vested immediately at grant. The remaining LTIP Units vest on December 13, 2025 and do not expire. Each LTIP Unit can be redeemed for cash or common shares at the Issuer's option, and settlement generally occurs within 10 days of vesting though the Compensation Committee may elect cash settlement. The amendment corrects a prior filing that misstated the number of units that vested on the grant date.
NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT) reporting person D.C. Sauter Jr. was granted 7,252.5 Profits LTIP Units in the issuer's operating partnership on 04/17/2025, of which 6,345 LTIP Units vested immediately at grant and 907.5 vested immediately as well for a combined 7,252.5 units. The grant was issued pursuant to the merger agreement related to NHT Hospitality, Inc., using an exchange rate equal to $0.36 divided by the 10‑day VWAP prior to the merger close, which equaled $3.7228. Each LTIP Unit can be redeemed for cash or common shares at the issuer's option; settlement generally occurs within 10 days of vesting and may be settled in cash at the Compensation Committee's discretion. This Form 4/A amends a prior filing to correct the number of LTIP Units that vested immediately as of the grant date.
NEXPOINT DIVERSIFIED REAL ESTATE TRUST (NXDT) reporting person D.C. Sauter Jr. was granted 7,252.5 Profits LTIP Units in the issuer's operating partnership on 04/17/2025, of which 6,345 LTIP Units vested immediately at grant and 907.5 vested immediately as well for a combined 7,252.5 units. The grant was issued pursuant to the merger agreement related to NHT Hospitality, Inc., using an exchange rate equal to $0.36 divided by the 10‑day VWAP prior to the merger close, which equaled $3.7228. Each LTIP Unit can be redeemed for cash or common shares at the issuer's option; settlement generally occurs within 10 days of vesting and may be settled in cash at the Compensation Committee's discretion. This Form 4/A amends a prior filing to correct the number of LTIP Units that vested immediately as of the grant date.
James Dondero, a director and 10% owner of NexPoint Diversified Real Estate Trust (NXDT), reported issuances of common shares to NexPoint Real Estate Advisers X, L.P. as payment of advisory fees for April, May and June 2025. The Adviser received 130,353.19 shares for April at a VWAP of $3.6465, 135,113.97 shares for May at a VWAP of $3.6634, and 115,123.38 shares for June at a VWAP of $4.1289. The filing lists detailed indirect holdings attributable to entities Mr. Dondero controls and custodial UTMA accounts for his children, and includes a total beneficial ownership figure following the reported transactions.
Brian Mitts, a director of NexPoint Diversified Real Estate Trust (NXDT), filed an amended Form 4 correcting prior reports of share sales that did not occur. The earlier Form reported sales of a total of 7,500 common shares on May 7 and August 15 that were erroneous. The amendment states that as of August 15 the reporting person directly owned 24,754.96 common shares, and the corrected filing replaces the previously reported dispositions. The amendment was submitted and signed by an attorney-in-fact on behalf of the reporting person.
NexPoint Diversified Real Estate Trust is registering up to 6,000,000 common shares for resale from time to time by its selling shareholder, an affiliate adviser, rather than issuing new shares directly to the public. The company will not receive any proceeds from these sales; all cash raised will go to the selling shareholder.
The registration combines a prior effective filing covering 1,858,590 common shares with an additional 4,141,410 common shares, all tied to advisory fees paid partly in stock under the company’s Advisory Agreement. As of August 22, 2025, 1,569,682.49 common shares had been issued to the adviser as fee payment, and common shares outstanding were 47,348,941.52 as of August 14, 2025. NexPoint operates as a diversified REIT focused on income and capital appreciation across multiple real estate sectors while maintaining REIT tax status.
Brian Mitts, a director of NexPoint Diversified Real Estate Trust (NXDT), reported two open-market sales of common stock in 2025. He sold 2,500 shares on 05/07/2025 at $37.55 and 5,000 shares on 08/15/2025 at $30.92, reducing his direct holdings from 70,900 to 65,900 shares. He also beneficially owns 23,540 shares indirectly through a 401(k) plan. The Form 4 was signed by an attorney-in-fact on 08/19/2025.
Morgan Stanley and its subsidiary Morgan Stanley Smith Barney LLC filed a Schedule 13G reporting passive ownership of NexPoint Diversified Real Estate Trust’s 5.50% Series A cumulative preferred shares (CUSIP 65340G304). As of 30 June 2025 they beneficially own 205,457 shares, equal to 6.1 % of the class. The filing shows shared dispositive power over all shares and shared voting power over 3 shares, with no sole voting or dispositive authority. The shares were acquired in the ordinary course of business and are not intended to influence control of the issuer. Both entities are Delaware-organized and list their principal office at 1585 Broadway, New York. Certifications note that the disclosure aggregates positions of certain Morgan Stanley operating units as permitted under SEC Release 34-39538.