NXDT

SEC source: 0001437749-26-011669 · rdgdoc.xml · nonDerivative · entry 6

McGraner Matt · CIK 0001636187 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 308,635.8675

SEC source: 0001437749-26-011669 · rdgdoc.xml · nonDerivative · entry 5

McGraner Matt · CIK 0001636187 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 324,088.8675

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

SEC source: 0001437749-26-011663 · rdgdoc.xml · derivative · entry 7

Mitts Brian · CIK 0001514845 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,463

Underlying: Common Shares · 7,463 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

F5 · derivative.exercise_date: On April 4, 2023, the reporting person was granted 29,851 restricted share units. The restricted share units vested one-fourth on April 4, 2024, one-fourth on April 4, 2025 and one-fourth on April 4, 2026, and will vest one-fourth on April 4, 2027. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F5 · derivative.expiration_date: On April 4, 2023, the reporting person was granted 29,851 restricted share units. The restricted share units vested one-fourth on April 4, 2024, one-fourth on April 4, 2025 and one-fourth on April 4, 2026, and will vest one-fourth on April 4, 2027. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011663 · rdgdoc.xml · nonDerivative · entry 5

Mitts Brian · CIK 0001514845 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 24,216

SEC source: 0001437749-26-011663 · rdgdoc.xml · nonDerivative · entry 4

Mitts Brian · CIK 0001514845 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 26,940

F3 · price: Represents the portion of the previously reported restricted share unit grant that vested on April 4, 2026 and settled in cash.

SEC source: 0001437749-26-011663 · rdgdoc.xml · nonDerivative · entry 3

Mitts Brian · CIK 0001514845 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,059

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

SEC source: 0001437749-26-011666 · rdgdoc.xml · derivative · entry 6

Sauter Dennis Charles Jr · CIK 0001803863 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,488

Underlying: Common Shares · 2,488 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

F3 · derivative.exercise_date: On April 4, 2023, the reporting person was granted 9,950 restricted share units. The restricted share units vested one-fourth on April 4, 2024, one-fourth on April 4, 2025 and one-fourth on April 4, 2026, and will vest one-fourth on April 4, 2027. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F3 · derivative.expiration_date: On April 4, 2023, the reporting person was granted 9,950 restricted share units. The restricted share units vested one-fourth on April 4, 2024, one-fourth on April 4, 2025 and one-fourth on April 4, 2026, and will vest one-fourth on April 4, 2027. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011666 · rdgdoc.xml · nonDerivative · entry 4

Sauter Dennis Charles Jr · CIK 0001803863 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,372

SEC source: 0001437749-26-011666 · rdgdoc.xml · nonDerivative · entry 3

Sauter Dennis Charles Jr · CIK 0001803863 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,934

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

SEC source: 0001437749-26-011662 · rdgdoc.xml · derivative · entry 4

LAFFER ARTHUR B · CIK 0001090307 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 7,813 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust (the "Company").

F5 · derivative.exercise_date: On April 3, 2025, the reporting person was granted 7,813 restricted share units which vested on April 3, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F5 · derivative.expiration_date: On April 3, 2025, the reporting person was granted 7,813 restricted share units which vested on April 3, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011662 · rdgdoc.xml · nonDerivative · entry 2

LAFFER ARTHUR B · CIK 0001090307 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 125,040

F3 · price: Represents the portion of previously reported restricted share unit grant that vested on April 3, 2026 and settled in cash.

SEC source: 0001437749-26-011662 · rdgdoc.xml · nonDerivative · entry 1

LAFFER ARTHUR B · CIK 0001090307 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 128,946

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust (the "Company").

F2 · balance_after: Includes shares received pursuant to elective stock dividends paid on the Company's common shares.

SEC source: 0001437749-26-011665 · rdgdoc.xml · derivative · entry 5

Richards Paul · CIK 0002034963 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 29,301

Underlying: Common Shares · 9,768 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

F2 · derivative.exercise_date: On April 3, 2025, the reporting person was granted 39,069 restricted share units. The restricted share units vested one-fourth on April 3, 2026 and will vest one-fourth on February 15, 2027, one-fourth on February 15, 2028 and one-fourth on February 15, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: On April 3, 2025, the reporting person was granted 39,069 restricted share units. The restricted share units vested one-fourth on April 3, 2026 and will vest one-fourth on February 15, 2027, one-fourth on February 15, 2028 and one-fourth on February 15, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011665 · rdgdoc.xml · nonDerivative · entry 2

Richards Paul · CIK 0002034963 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 133,051

SEC source: 0001437749-26-011665 · rdgdoc.xml · nonDerivative · entry 1

Richards Paul · CIK 0002034963 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 138,003

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

SEC source: 0001437749-26-011664 · rdgdoc.xml · derivative · entry 6

NORRIS DUSTIN DAVID · CIK 0001617176 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,163

Underlying: Common Shares · 11,720 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

F2 · derivative.exercise_date: On April 3, 2025, the reporting person was granted 46,883 restricted share units. The restricted share units vested one-fourth on April 3, 2026 and will vest one-fourth on February 15, 2027, one-fourth on February 15, 2028 and one-fourth on February 15, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: On April 3, 2025, the reporting person was granted 46,883 restricted share units. The restricted share units vested one-fourth on April 3, 2026 and will vest one-fourth on February 15, 2027, one-fourth on February 15, 2028 and one-fourth on February 15, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011664 · rdgdoc.xml · nonDerivative · entry 2

NORRIS DUSTIN DAVID · CIK 0001617176 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 785,482.07

SEC source: 0001437749-26-011664 · rdgdoc.xml · nonDerivative · entry 1

NORRIS DUSTIN DAVID · CIK 0001617176 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 789,040.07

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

SEC source: 0001437749-26-011659 · rdgdoc.xml · derivative · entry 3

Constantino Edward N. · CIK 0001498322 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 7,813 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust (the "Company").

F4 · derivative.exercise_date: On April 3, 2025, the reporting person was granted 7,813 restricted share units which vested on April 3, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F4 · derivative.expiration_date: On April 3, 2025, the reporting person was granted 7,813 restricted share units which vested on April 3, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011659 · rdgdoc.xml · nonDerivative · entry 2

Constantino Edward N. · CIK 0001498322 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 37,569

F3 · price: Represents the portion of previously reported restricted share unit grant that vested on April 3, 2026 and settled in cash.

SEC source: 0001437749-26-011659 · rdgdoc.xml · nonDerivative · entry 1

Constantino Edward N. · CIK 0001498322 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 41,475

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust (the "Company").

F2 · balance_after: Includes shares received pursuant to elective stock dividends paid on the Company's common shares.

SEC source: 0001437749-26-011660 · rdgdoc.xml · derivative · entry 14

DONDERO JAMES D · CIK 0001228922 · Director · See Remarks · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 178,086

Underlying: Common Shares · 59,360 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

F7 · derivative.exercise_date: On April 3, 2025, the reporting person was granted 237,446 restricted share units. The restricted share units vested one-fourth on April 3, 2026 and will vest one-fourth on February 15, 2027, one-fourth on February 15, 2028 and one-fourth on February 15, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F7 · derivative.expiration_date: On April 3, 2025, the reporting person was granted 237,446 restricted share units. The restricted share units vested one-fourth on April 3, 2026 and will vest one-fourth on February 15, 2027, one-fourth on February 15, 2028 and one-fourth on February 15, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011660 · rdgdoc.xml · nonDerivative · entry 1

DONDERO JAMES D · CIK 0001228922 · Director · See Remarks · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,762,058.06

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

SEC source: 0001437749-26-011661 · rdgdoc.xml · derivative · entry 3

KAVANAUGH SCOTT F · CIK 0001218975 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 7,813 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust (the "Company").

F4 · derivative.exercise_date: On April 3, 2025, the reporting person was granted 7,813 restricted share units which vested on April 3, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F4 · derivative.expiration_date: On April 3, 2025, the reporting person was granted 7,813 restricted share units which vested on April 3, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011661 · rdgdoc.xml · nonDerivative · entry 1

KAVANAUGH SCOTT F · CIK 0001218975 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,656

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust (the "Company").

F2 · balance_after: Includes shares acquired pursuant to elective stock dividends paid on the Company's common shares.

SEC source: 0001437749-26-011669 · rdgdoc.xml · derivative · entry 10

McGraner Matt · CIK 0001636187 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 178,086

Underlying: Common Shares · 59,360 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

F5 · derivative.exercise_date: On April 3, 2025, the reporting person was granted 237,446 restricted share units. The restricted share units vested one-fourth on April 3, 2026 and will vest one-fourth on February 15, 2027, one-fourth on February 15, 2028 and one-fourth on February 15, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F5 · derivative.expiration_date: On April 3, 2025, the reporting person was granted 237,446 restricted share units. The restricted share units vested one-fourth on April 3, 2026 and will vest one-fourth on February 15, 2027, one-fourth on February 15, 2028 and one-fourth on February 15, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011669 · rdgdoc.xml · nonDerivative · entry 4

McGraner Matt · CIK 0001636187 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 278,963.8675

SEC source: 0001437749-26-011669 · rdgdoc.xml · nonDerivative · entry 3

McGraner Matt · CIK 0001636187 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 295,375.8675

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

SEC source: 0001437749-26-011668 · rdgdoc.xml · derivative · entry 2

Wood Catherine D. · CIK 0001820212 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 7,813 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust (the "Company").

F3 · derivative.exercise_date: On April 3, 2025, the reporting person was granted 7,918 restricted share units which vested on April 3, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F3 · derivative.expiration_date: On April 3, 2025, the reporting person was granted 7,918 restricted share units which vested on April 3, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011668 · rdgdoc.xml · nonDerivative · entry 1

Wood Catherine D. · CIK 0001820212 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 46,883

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust (the "Company").

F2 · balance_after: Includes shares received pursuant to elective stock dividends paid on the Company's common shares.

SEC source: 0001437749-26-011667 · rdgdoc.xml · derivative · entry 3

Swain Carol · CIK 0001941224 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 7,813 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust (the "Company").

F4 · derivative.exercise_date: On April 3, 2025, the reporting person was granted 7,813 restricted share units which vested on April 3, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F4 · derivative.expiration_date: On April 3, 2025, the reporting person was granted 7,813 restricted share units which vested on April 3, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011667 · rdgdoc.xml · nonDerivative · entry 2

Swain Carol · CIK 0001941224 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 25,278.855

F3 · price: Represents the portion of previously reported restricted share unit grant that vested on April 3, 2026 and settled in cash.

SEC source: 0001437749-26-011667 · rdgdoc.xml · nonDerivative · entry 1

Swain Carol · CIK 0001941224 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 29,184.855

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted shares unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust (the "Company").

F2 · balance_after: Includes shares received pursuant to elective stock dividends paid on the Company's common shares.

SEC source: 0001437749-26-011663 · rdgdoc.xml · derivative · entry 6

Mitts Brian · CIK 0001514845 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 7,813 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

F4 · derivative.exercise_date: On April 3, 2025, the reporting person was granted 7,813 restricted share units which vested on April 3, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F4 · derivative.expiration_date: On April 3, 2025, the reporting person was granted 7,813 restricted share units which vested on April 3, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011663 · rdgdoc.xml · nonDerivative · entry 2

Mitts Brian · CIK 0001514845 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,596

F2 · price: Represents the portion of the previously reported restricted share unit grant that vested on April 3, 2026 and settled in cash.

SEC source: 0001437749-26-011663 · rdgdoc.xml · nonDerivative · entry 1

Mitts Brian · CIK 0001514845 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 24,502

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

SEC source: 0001437749-26-011666 · rdgdoc.xml · derivative · entry 5

Sauter Dennis Charles Jr · CIK 0001803863 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 29,301

Underlying: Common Shares · 9,768 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

F2 · derivative.exercise_date: On April 3, 2025, the reporting person was granted 39,069 restricted share units. The restricted share units vested one-fourth on April 3, 2026 and will vest one-fourth on February 15, 2027, one-fourth on February 15, 2028 and one-fourth on February 15, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: On April 3, 2025, the reporting person was granted 39,069 restricted share units. The restricted share units vested one-fourth on April 3, 2026 and will vest one-fourth on February 15, 2027, one-fourth on February 15, 2028 and one-fourth on February 15, 2029. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011666 · rdgdoc.xml · nonDerivative · entry 2

Sauter Dennis Charles Jr · CIK 0001803863 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,446

SEC source: 0001437749-26-011666 · rdgdoc.xml · nonDerivative · entry 1

Sauter Dennis Charles Jr · CIK 0001803863 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,398

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

SEC source: 0001437749-26-011474 · rdgdoc.xml · derivative · entry 1

LAFFER ARTHUR B · CIK 0001090307 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,247

Underlying: Common Shares · 3,247 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

F2 · derivative.exercise_date: On April 2, 2026, the reporting person was granted 3,247 restricted share units which will vest on April 2, 2027. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: On April 2, 2026, the reporting person was granted 3,247 restricted share units which will vest on April 2, 2027. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011480 · rdgdoc.xml · derivative · entry 1

Richards Paul · CIK 0002034963 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 32,958

Underlying: Common Shares · 32,958 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

F2 · derivative.exercise_date: On April 2, 2026, the reporting person was granted 32,958 restricted share units. The restricted share units will vest one-fourth on April 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029 and one-fourth on February 15, 2030. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: On April 2, 2026, the reporting person was granted 32,958 restricted share units. The restricted share units will vest one-fourth on April 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029 and one-fourth on February 15, 2030. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011470 · rdgdoc.xml · derivative · entry 1

Constantino Edward N. · CIK 0001498322 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,247

Underlying: Common Shares · 3,247 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

F2 · derivative.exercise_date: On April 2, 2026, the reporting person was granted 3,247 restricted share units which will vest on April 2, 2027. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: On April 2, 2026, the reporting person was granted 3,247 restricted share units which will vest on April 2, 2027. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011471 · rdgdoc.xml · derivative · entry 1

DONDERO JAMES D · CIK 0001228922 · Director · See Remarks · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 112,594

Underlying: Common Shares · 112,594 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

F2 · derivative.exercise_date: On April 2, 2026, the reporting person was granted 112,594 restricted share units. The restricted share units will vest one-fourth on April 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029 and one-fourth on February 15, 2030. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: On April 2, 2026, the reporting person was granted 112,594 restricted share units. The restricted share units will vest one-fourth on April 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029 and one-fourth on February 15, 2030. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011472 · rdgdoc.xml · derivative · entry 1

KAVANAUGH SCOTT F · CIK 0001218975 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,247

Underlying: Common Shares · 3,247 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

F2 · derivative.exercise_date: On April 2, 2026, the reporting person was granted 3,247 restricted share units which will vest on April 2, 2027. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: On April 2, 2026, the reporting person was granted 3,247 restricted share units which will vest on April 2, 2027. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011484 · rdgdoc.xml · derivative · entry 1

Swain Carol · CIK 0001941224 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,247

Underlying: Common Shares · 3,247 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

F2 · derivative.exercise_date: On April 2, 2026, the reporting person was granted 3,247 restricted share units which will vest on April 2, 2027. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: On April 2, 2026, the reporting person was granted 3,247 restricted share units which will vest on April 2, 2027. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011486 · rdgdoc.xml · derivative · entry 1

Wood Catherine D. · CIK 0001820212 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,247

Underlying: Common Shares · 3,247 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

F2 · derivative.exercise_date: On April 2, 2026, the reporting person was granted 3,247 restricted share units which will vest on April 2, 2027. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: On April 2, 2026, the reporting person was granted 3,247 restricted share units which will vest on April 2, 2027. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011482 · rdgdoc.xml · derivative · entry 1

Sauter Dennis Charles Jr · CIK 0001803863 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,091

Underlying: Common Shares · 9,091 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

F2 · derivative.exercise_date: On April 2, 2026, the reporting person was granted 9,091 restricted share units. The restricted share units will vest one-fourth on April 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029 and one-fourth on February 15, 2030. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: On April 2, 2026, the reporting person was granted 9,091 restricted share units. The restricted share units will vest one-fourth on April 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029 and one-fourth on February 15, 2030. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011478 · rdgdoc.xml · derivative · entry 1

Mitts Brian · CIK 0001514845 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,247

Underlying: Common Shares · 3,247 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

F2 · derivative.exercise_date: On April 2, 2026, the reporting person was granted 3,247 restricted share units which will vest on April 2, 2027. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: On April 2, 2026, the reporting person was granted 3,247 restricted share units which will vest on April 2, 2027. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-011476 · rdgdoc.xml · derivative · entry 1

McGraner Matt · CIK 0001636187 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 112,594

Underlying: Common Shares · 112,594 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust.

F2 · derivative.exercise_date: On April 2, 2026, the reporting person was granted 112,594 restricted share units. The restricted share units will vest one-fourth on April 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029 and one-fourth on February 15, 2030. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F2 · derivative.expiration_date: On April 2, 2026, the reporting person was granted 112,594 restricted share units. The restricted share units will vest one-fourth on April 2, 2027, one-fourth on February 15, 2028, one-fourth on February 15, 2029 and one-fourth on February 15, 2030. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

SEC source: 0001437749-26-009281 · rdgdoc.xml · derivative · entry 3

Richards Paul · CIK 0002034963 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,858

Underlying: Common Shares · 8,929 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust (the "Company").

F3 · derivative.exercise_date: On March 18, 2024, the reporting person was granted 35,714 restricted share units. The restricted share units vested one-fourth on March 18, 2025 and one-fourth on March 18, 2026, and will vest one-fourth on March 18, 2027 and one-fourth on March 18, 2028. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.

F3 · derivative.expiration_date: On March 18, 2024, the reporting person was granted 35,714 restricted share units. The restricted share units vested one-fourth on March 18, 2025 and one-fourth on March 18, 2026, and will vest one-fourth on March 18, 2027 and one-fourth on March 18, 2028. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash.