NORRIS DUSTIN DAVID (See Remarks) exercised options at NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 2 exercises
Filed: 4/8/2026ACC: 0001437749-26-011664
DirectorOfficer· See Remarks
Since Apr 2019
-8.48K
Net shares
Net seller
$37.5K
Total sold
0
Open market trades
0B · 0S
6
Total transactions
24.16K acquired · 32.63K disposed
Non-Derivative Transactions4
Common Stock
Direct
Shares
+11.72K
Price / share
—
Trade value
—
% of position
1.5%
4/3/2026
777.32K→789.04K
Common Stock
Direct
Shares
−3.56K
Price / share
$4.43
Trade value
$15.76K
% of position
0.5%
4/3/2026
789.04K→785.48K
Common Stock
Direct
Shares
+12.44K
Price / share
—
Trade value
—
% of position
1.6%
4/4/2026
785.48K→797.92K
Common Stock
Direct
Shares
−4.92K
Price / share
$4.43
Trade value
$21.79K
% of position
0.6%
4/4/2026
797.92K→793K
Total
Net shares
+15.68K
Net value
-$37.55K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 4/3/2026 | M · Option Exercise | +11.72K | — | — | 1.5% | 777.32K | 789.04K |
| Common Stock Direct | 4/3/2026 | F · Tax Withholding | −3.56K | $4.43 | $15.76K | 0.5% | 789.04K | 785.48K |
| Common Stock Direct | 4/4/2026 | M · Option Exercise | +12.44K | — | — | 1.6% | 785.48K | 797.92K |
| Common Stock Direct | 4/4/2026 | F · Tax Withholding | −4.92K | $4.43 | $21.79K | 0.6% | 797.92K | 793K |
| Total | +15.68K | -$37.55K | ||||||
Derivative Transactions2
Restricted Share Units
Direct
Converts to
Common Shares
11.72K shares
Shares
−11.72K
Strike price
Held after
35.16K
Exercisable
—
4/3/2026
Restricted Share Units
Direct
Converts to
Common Shares
12.44K shares
Shares
−12.44K
Strike price
Held after
12.44K
Exercisable
—
4/4/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Share Units Direct | Common Shares11.72K shares | 4/3/2026 | M · Option Exercise | −11.72K | — | 35.16K | |
| Restricted Share Units Direct | Common Shares12.44K shares | 4/4/2026 | M · Option Exercise | −12.44K | — | 12.44K |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned82.41K
Total
82.41K indirect82.41K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 82.41K | Indirect |
| Total | 82.41K | 82.41K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported