X0306 4 2022-02-21 0001786248 NexPoint Real Estate Finance, Inc. NREF 0001514845 Mitts Brian 300 CRESCENT COURT, SUITE 700 DALLAS TX 75201 1 1 See Remarks Common Stock 2022-02-22 4 M 0 5164 A 36558 D Common Stock 6372.11 I By 401(k) plan. Restricted Stock Units 2022-02-21 4 A 0 22155 0 A Common Stock 22155 22155 D Restricted Stock Units 2022-02-22 4 M 0 5164 0 D Common Stock 5164 15490 D Each restricted stock unit represents a contingent right to receive one share of common stock of NexPoint Real Estate Finance, Inc. On February 21, 2022, the reporting person was granted 22,155 restricted stock units. The restricted stock units will vest one-fourth on February 21, 2023, one-fourth on February 21, 2024, one-fourth on February 21, 2025, and one-fourth on February 21, 2026. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash. On February 22, 2021, the reporting person was granted 20,654 restricted stock units. The restricted stock units vested one-fourth on February 22, 2022, and will vest one-fourth on February 22, 2023, one-fourth on February 22, 2024 and one-fourth on February 22, 2025. Settlement will generally occur within 10 days of vesting and may at the discretion of the Compensation Committee be settled in cash. Chief Financial Officer, Executive VP-Finance, Secretary and Treasurer /s/ Brian Mitts 2022-02-23