4//SEC Filing
DONDERO JAMES D 4
Accession 0001437749-26-000154
CIK 0001786248other
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 7:10 PM ET
Size
13.7 KB
Accession
0001437749-26-000154
Insider Transaction Report
Form 4
DONDERO JAMES D
DirectorPresident10% Owner
Transactions
- Exercise/Conversion
Common Stock
2025-12-30−852,273→ 3,649,759 total(indirect: See Footnote) - Exercise/Conversion
Class C OP Units
2025-12-30−852,273→ 0 total(indirect: See Footnote)→ Common Stock (852,273 underlying)
Holdings
- 327,286(indirect: See Footnote)
Common Stock
- 352,666
Common Stock
- 5,694,671(indirect: See Footnote)
Common Stock
- 1,800(indirect: See Footnote)
Common Stock
- 240,124(indirect: See Footnote)
Common Stock
Footnotes (9)
- [F1]852,273 of the Class C common units of limited partnership interest ("OP Units") in NexPoint Real Estate Finance Operating Partnership, L.P., the operating partnership (the "OP") of NexPoint Real Estate Finance, Inc. (the "Issuer") were redeemed by a wholly owned subsidiary of NexPoint Diversified Real Estate Operating Partnership, L.P. ("NXDT OP") for an equal number of shares of the Issuer's common stock in accordance with the limited partnership agreement of the OP and distributed to NXDT OP.
- [F2]852,273 shares are held by NXDT OP, which is wholly owned by NexPoint Diversified Real Estate Trust, 2,100,000 shares are held by NexPoint Diversified Real Estate Trust, 281,817 shares are held by NexPoint Real Estate Strategies Fund and 415,669 shares are held by NexPoint Capital, Inc. These entities are managed or advised, directly or indirectly, by NexPoint Advisors, L.P. ("NP"). Mr. Dondero is the sole member of NP's general partner, and may be deemed to be an indirect beneficial owner of securities held by NP. Mr. Dondero disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- [F3]95,207 shares are held by a company which is an indirect wholly owned subsidiary of a trust of which Mr. Dondero is the beneficiary. The remaining shares of common stock are held directly by the trust. Mr. Dondero disclaims beneficial ownership of the shares held directly or indirectly by the trust except to the extent of his pecuniary interest therein.
- [F4]Includes shares acquired under the dividend reinvestment plan.
- [F5]1,322,385 shares are held by Highland Global Allocation Fund and 4,372,286 shares are held by Highland Opportunities and Income Fund. These entities are managed by NexPoint Asset Management, L.P. ("NexPoint Asset Management"). Mr. Dondero is the sole stockholder and director of Strand Advisors XVI, Inc., NexPoint Asset Management's general partner, and may be deemed to be an indirect beneficial owner of securities held by NexPoint Asset Management. Mr. Dondero disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- [F6]These shares are held by a limited liability company in which the trust referenced in footnote 3 to this Form 4 owns a majority interest. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- [F7]These shares are held by a trust. Mr. Dondero disclaims beneficial ownership of such shares.
- [F8]Represents OP Units in the OP, the operating partnership of the Issuer.
- [F9]The OP Units are redeemable, subject to certain requirements, for cash or, at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis. The OP Units were vested as of the date of issuance and have no expiration date.
Documents
Issuer
NexPoint Real Estate Finance, Inc.
CIK 0001786248
Entity typeother
Related Parties
1- filerCIK 0001228922
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 7:10 PM ET
- Size
- 13.7 KB