NexPoint (NXDT) General Counsel Dennis Sauter Receives RSU Award

What Happened

• Dennis Charles Sauter Jr., General Counsel and Secretary of NexPoint Diversified Real Estate Trust (NXDT), received a grant of 19,817 restricted share units (RSUs) on June 2, 2026. The award is reported as a derivative grant (transaction code A) at $0.00 — i.e., compensation in the form of RSUs rather than a cash purchase.

Key Details

• Transaction date: June 2, 2026; Form 4 filed June 4, 2026 (timely filing).
• Grant: 19,817 restricted share units; reported price $0.00 (typical for awards).
• Vesting: 1/4 vests on June 2, 2027; then 1/4 on Feb 15, 2028; 1/4 on Feb 15, 2029; and 1/4 on Feb 15, 2030. Settlement generally within 10 days of vesting and may be settled in cash at the Compensation Committee’s discretion. (Footnote: each RSU represents a contingent right to one common share.)
• Shares owned after transaction: not specified in the provided filing excerpt.
• Remark on role: Reporting person listed as General Counsel and Secretary.

Context

• RSU grants are a form of compensation that convert to company shares (or cash) only after vesting; they are not the same as an open-market purchase and do not necessarily signal a buy decision by the insider. This award increases Sauter’s potential future equity stake if and when RSUs vest and are settled.