DONDERO JAMES D (President) exercised options at NEXPOINT REAL ESTATE FINANCE, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 1/2/2026ACC: 0001437749-26-000154
DirectorOfficer· President
Since Feb 2020
-1.70M
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
1.70M disposed
Non-Derivative Transactions1
Common Stock
Indirect
Shares
−852.27K
Price / share
—
Trade value
—
% of position
18.9%
12/30/2025
4.50M→3.65M
Total
Net shares
−852.27K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 12/30/2025 | M · Option Exercise | −852.27K | — | — | 18.9% | 4.50M | 3.65M |
| Total | −852.27K | $0.00 | ||||||
Derivative Transactions1
Class C OP Units
Indirect
Converts to
Common Stock
852.27K shares
Shares
−852.27K
Strike price
Held after
0.00
Exercisable
—
12/30/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Class C OP Units Indirect | Common Stock852.27K shares | 12/30/2025 | M · Option Exercise | −852.27K | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)5
Common Stock
IndirectShares owned1.80K
Common Stock
IndirectShares owned327.29K
Common Stock
IndirectShares owned5.69M
Common Stock
IndirectShares owned240.12K
Common Stock
DirectShares owned352.67K
Total
352.67K direct·6.26M indirect6.62M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 1.80K | Indirect |
| Common Stock | 327.29K | Indirect |
| Common Stock | 5.69M | Indirect |
| Common Stock | 240.12K | Indirect |
| Common Stock | 352.67K | Direct |
| Total | 6.62M | 352.67K direct·6.26M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported