RICHARDS PAUL

PrivateCIK: 2034963
Location

DALLAS, TX

RICHARDS PAUL (See Remarks) 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
InsiderRICHARDS PAULCIK 2034963
Officer· See Remarks
Since Feb 2026
-3.24K
Net shares
Net seller
$48.1K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
4.57K acquired · 7.81K disposed
Non-Derivative Transactions2

Common Stock

Direct
M · Option Exercise

Shares

+4.57K

Price / share

Trade value

% of position

9.4%
2/21/2026
48.83K53.40K

Common Stock

Direct
F · Tax Withholding

Shares

3.24K

Price / share

$14.86

Trade value

$48.13K

% of position

6.1%
2/21/2026
53.40K50.16K
Total

Net shares

+1.33K

Net value

-$48.13K

Derivative Transactions1

Restricted Stock Units

Direct
M · Option Exercise
Converts to

Common Stock

4.57K shares

Shares

4.57K

Strike price

Held after

0.00

Exercisable

2/21/2026
Non-Derivative Holdings (Post-Transaction)2

Common Stock

Indirect
Shares owned879.00

Common Stock

Indirect
Shares owned7.50K
Total
8.38K indirect8.38K
Derivative Holdings (Post-Transaction)0
No derivative holdings reported
RICHARDS PAUL — Insider Transaction (Form 4) Filed Feb 24, 2026 | Finecho