RICHARDS PAUL

PrivateCIK: 2034963
Location

DALLAS, TX

RICHARDS PAUL (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 · 1 exercise
InsiderRICHARDS PAULCIK 2034963
Officer· See Remarks
Since Jan 2025
-5.01K
Net shares
Net seller
$22.4K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
8.99K acquired · 14K disposed
Non-Derivative Transactions2

Common Stock

Direct
M · Option Exercise

Shares

+8.99K

Price / share

Trade value

% of position

7.2%
3/18/2026
124.38K133.37K

Common Stock

Direct
F · Tax Withholding

Shares

5.07K

Price / share

$4.41

Trade value

$22.37K

% of position

3.8%
3/18/2026
133.37K128.29K
Total

Net shares

+3.92K

Net value

-$22.37K

Derivative Transactions1

Restricted Share Units

Direct
M · Option Exercise
Converts to

Common Shares

8.93K shares

Shares

8.93K

Strike price

Held after

17.86K

Exercisable

3/18/2026
RICHARDS PAUL — Insider Transaction (Form 4) Filed Mar 20, 2026 | Finecho