NexPoint Diversified Real Estate Trust CFO Paul Richards' Stock Transactions and RSU Vesting

This Form 4 filing reports transactions by Paul Richards, Chief Financial Officer and Executive VP-Finance of NexPoint Diversified Real Estate Trust (NXDT). On April 3-4, 2026, Richards engaged in multiple transactions involving common stock and restricted share units. He acquired 15,365 common shares through the vesting of RSUs (9,768 on April 3 and 5,597 on April 4) and disposed of 8,466 common shares through open market sales at $4.43 per share (4,952 on April 3 and 3,514 on April 4). The RSUs were part of grants made in 2025 and 2023 with vesting schedules extending through 2029. Following these transactions, Richards' direct ownership position in NXDT common stock stands at 135,134 shares. The filing provides details on the vesting schedules and settlement terms for the RSUs, which may be settled in cash at the Compensation Committee's discretion.