Richards Paul 4

What Happened Paul Richards, NexPoint Diversified Real Estate Trust's Chief Financial Officer (also Executive VP–Finance, Treasurer and Assistant Secretary), was granted 71,837 restricted share units (RSUs) on June 2, 2026. The award is reported as a derivative grant at $0.00 per unit (transaction code A). Each RSU is a contingent right to receive one common share of NXDT; settlement will generally occur within 10 days of vesting and may, at the Compensation Committee’s discretion, be paid in cash.

Key Details

• Transaction date: June 2, 2026; Form 4 filed June 4, 2026 (timely filing).
• Award: 71,837 restricted share units; reported acquisition price $0.00 (derivative award).
• Vesting schedule: 1/4 on June 2, 2027; 1/4 on Feb 15, 2028; 1/4 on Feb 15, 2029; 1/4 on Feb 15, 2030.
• Settlement: generally within 10 days of each vesting date; may be settled in cash at the Committee’s discretion (per footnotes).
• Shares owned following the reported transaction: not disclosed in this Form 4.
• Insider role noted in filing: Chief Financial Officer, Executive VP–Finance, Treasurer and Assistant Secretary.

Context RSUs are compensation awards that convert into company shares (or cash) only after they vest, so this grant does not represent immediate share ownership or an open-market purchase. Such grants are common for executive compensation and should be viewed as part of pay structure rather than a direct trading signal.