Mitts Brian 4

What Happened
Brian Mitts, a director of NexPoint Diversified Real Estate Trust (NXDT), was granted 3,247 restricted share units (RSUs) on April 2, 2026. The grant is reported as a derivative award (transaction code A) with a reported price of $0.00 and no immediate cash value — it represents a contingent right to receive common shares in the future rather than an open-market purchase.

Key Details

• Transaction date: April 2, 2026; Form filed April 6, 2026 (period of report Apr 2, 2026).
• Award: 3,247 restricted share units; reported price $0.00 (award/derivative).
• Vesting: RSUs vest on April 2, 2027.
• Settlement: Generally settled within 30 days of vesting and may be settled in cash at the Compensation Committee’s discretion (footnotes F1 & F2).
• Shares owned after transaction: Not specified in the provided filing details.
• Filing timeliness: No late-filing flag noted in the provided data.

Context
Restricted share units are awards that convert to common shares (or cash) only after vesting; they are not an immediate purchase or sale and do not necessarily signal short-term trading intent. This grant increases future potential share compensation for the director but does not change outstanding common shares until settlement.