X0609 4 2026-06-02 0001356115 NEXPOINT DIVERSIFIED REAL ESTATE TRUST NXDT 0001498322 Constantino Edward N. false 300 CRESCENT COURT, SUITE 700 DALLAS TX 75201 1 0 Restricted Share Units 2026-06-02 4 A 0 7077 0 A Common Shares 7077 7077 D Each restricted share unit represents a contingent right to receive one common share of NexPoint Diversified Real Estate Trust. On June 2, 2026, the reporting person was granted 7,077 restricted share units which will vest on June 2, 2027. Settlement will generally occur within 30 days of vesting and may at the discretion of the Compensation Committee be settled in cash. /s/ Paul Richards as attorney-in-fact for Edward Constantino 2026-06-04