Filing Details

Accession Number:
0001437749-25-011965
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-04-14 19:36:45
Reporting Period:
2025-04-08
Filing Date:
2025-04-14
Accepted Time:
2025-04-14 19:36:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1356115 Nexpoint Diversified Real Estate Trust NXDT () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1228922 D James Dondero 300 Crescent Court, Suite 700
Dallas TX 75201
See Remarks Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2025-04-08 100,000 $4.08 383,477 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 4,883,823 Direct
Common Stock 1,672,486 Indirect See Footnote
Common Stock 6,240 Indirect As custodian of UTMA account for child 1
Common Stock 6,226 Indirect As custodian of UTMA account for child 2
Common Stock 6,240 Indirect As custodian of UTMA account for child 3
Common Stock 4,629 Indirect As custodian of UTMA account for child 4
Common Stock 4,430 Indirect As custodian of UTMA account for child 5
Common Stock 6,240 Indirect As custodian of UTMA account for child 6
Common Stock 2,050,283 Indirect See Footnote
Common Stock 566,929 Indirect See Footnote
Common Stock 75,358 Indirect By employee benefit plan
Footnotes
  1. These shares are held by The Dugaboy Investment Trust of which Mr. Dondero is the beneficiary pursuant to an employee purchase plan. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
  2. 35,935 shares are held by Drugcrafters, L.P. ("Drugcrafters"), 81,039.19 shares are held by PCMG Trading Partners XXIII, L.P., 198,980 shares are held by Governance Re Ltd. and 1,356,532.24 shares are held by NexPoint Real Estate Advisers X, L.P. (the "Adviser"). Mr. Dondero owns 75% of PCMG Trading Partners XXIII, L.P. ("PCMG") and PCMG owns 99% of Drugcrafters. Drugcrafters, PCMG, Governance Re Ltd. and the Adviser are ultimately controlled by Mr. Dondero. Mr. Dondero may be deemed to be an indirect beneficial owner of shares held by such entities. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
  3. The shares are held for one of Mr. Dondero's children, through a custodial account established pursuant to the Uniform Transfer to Minors Act ("UTMA") for which Mr. Dondero serves as custodian. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
  4. 1,444,014 shares are held by Highland Opportunities and Income Fund and 606,269 shares are held by Highland Global Allocation Fund. These entities are managed by NexPoint Asset Management, L.P. ("NexPoint Asset Management"), which is ultimately controlled by Mr. Dondero. Mr. Dondero may be deemed to be an indirect beneficial owner of shares held by such entities. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
  5. These shares are held by subsidiaries of The Dugaboy Investment Trust. Mr. Dondero disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.