NXDT Director Constantino Receives Restricted Share Award

What Happened
Director Edward N. Constantino was granted 3,247 restricted share units (RSUs) on April 2, 2026. The Form 4 reports the grant as a derivative award at $0.00 (standard for RSU grants). These RSUs represent contingent rights to receive common shares and will vest on April 2, 2027; settlement is generally within 30 days of vesting and may be made in cash at the Compensation Committee’s discretion.

Key Details

• Transaction date: April 2, 2026; Filing date: April 6, 2026 (check timeliness against the SEC’s 2-business-day Form 4 rule).
• Instrument: 3,247 restricted share units (RSUs); reported price/value: $0.00 (derivative grant).
• Vesting/settlement: Vest on April 2, 2027; settlement generally within 30 days of vesting; may be settled in cash (Footnotes F1–F2).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1—each RSU equals a contingent right to one common share; F2—grant vests in one year and may be settled in cash.

Context
This was an equity compensation award (not a purchase or sale) and is commonly part of director pay rather than an immediate market-direction signal. For investors, awards increase potential future dilution if settled in shares; if settled in cash, they do not increase share count. Verify filing timeliness and total holdings in the full Form 4 for complete context.