NREF · Insider Trading

NexPoint Real Estate Finance, Inc.

Every open-market purchase and sale reported by NREF officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings
50
most recent
Open-Market Buys
1
code P
Sales
1
code S
Reporting Insiders
10
current holders
NREF — Recent Form 4 Transactions (latest 2026-04-06)
FiledInsiderRole TypeSharesValue
2026-04-06 Edward N. Constantino Director MIXED +2,759 —
2026-04-06 Catherine D. Wood Director M +5,518 —
2026-04-06 Matt McGraner See Remarks MIXED +32,426 −$486.49K
2026-04-06 Carol Swain Director MIXED +2,759 —
2026-04-06 Dennis Charles Sauter Jr General Counsel and Secretary MIXED +4,850 −$36.06K
2026-04-06 Paul Richards See Remarks MIXED +11,112 −$145.21K
2026-04-06 Arthur B Laffer Director M +5,518 —
2026-04-06 James D Dondero President M +70,114 —
2026-04-06 Scott F Kavanaugh Director M +5,518 —
2026-04-06 Brian Mitts Director MIXED +6,123 −$32.71K
2026-03-17 Brian Mitts Director MIXED +5,080 −$26.35K
2026-03-17 Paul Richards See Remarks MIXED +15,580 +$73.38K
2026-03-17 Dennis Charles Sauter Jr General Counsel and Secretary MIXED +1,756 −$15.27K
2026-03-17 Matt McGraner See Remarks MIXED +24,884 −$178.24K
2026-03-17 James D Dondero President M +38,438 —
2026-02-24 Matt McGraner See Remarks MIXED +9,966 −$109.10K
2026-02-24 Dennis Charles Sauter Jr General Counsel and Secretary MIXED +1,135 −$15.02K
2026-02-24 James D Dondero President M +17,308 —
2026-02-24 Brian Mitts Director MIXED +1,902 −$41.70K
2026-02-24 Paul Richards See Remarks MIXED +1,329 −$48.13K
2026-01-02 James D Dondero President M −852,273 —
2025-12-22 Brian Mitts Director Sell −11,904 −$172.73K
2025-09-24 James D Dondero President MIXED — —
2025-04-10 Paul Richards See Remarks Buy +1,000 +$12.28K
2025-04-07 Catherine D. Wood Director A +5,518 deriv. —
2025-04-07 Arthur B Laffer Director A +5,518 deriv. —
2025-04-07 Brian Mitts Director MIXED +3,465 −$47.92K
2025-04-07 Scott F Kavanaugh Director A +5,518 deriv. —
2025-04-07 Carol Swain Director A +5,518 deriv. —
2025-04-07 James D Dondero President M +33,284 —
2025-04-07 Dennis Charles Sauter Jr General Counsel and Secretary MIXED +2,054 −$16.82K
2025-04-07 Edward N. Constantino Director A +5,518 deriv. —
2025-04-07 Matt McGraner See Remarks MIXED +15,376 −$236.37K
2025-04-07 Paul Richards See Remarks MIXED +3,312 −$50.91K
2025-03-17 Edward N. Constantino Director MIXED +2,265 —
2025-03-17 Catherine D. Wood Director M +4,530 —
2025-03-17 James D Dondero President M +38,438 —
2025-03-17 Brian Mitts Director MIXED +5,219 −$50.23K
2025-03-17 Arthur B Laffer Director M +4,530 —
2025-03-17 Scott F Kavanaugh Director M +4,530 —
2025-03-17 Matt McGraner See Remarks MIXED +23,117 −$247.13K
2025-03-17 Carol Swain Director M +4,530 —
2025-03-17 Paul Richards See Remarks MIXED +5,466 −$74.04K
2025-03-17 Dennis Charles Sauter Jr General Counsel and Secretary MIXED +1,918 −$16.11K
2025-02-25 James D Dondero President M +33,149 —
2025-02-25 Brian Mitts Director MIXED +4,927 −$89.80K
2025-02-25 Matt McGraner See Remarks MIXED +20,477 −$197.05K
2025-02-25 Dennis Charles Sauter Jr General Counsel and Secretary MIXED +1,948 −$23.84K
2025-02-25 Paul Richards See Remarks MIXED +2,622 −$80.36K
2024-05-09 Matt McGraner See Remarks MIXED +8,745 −$206.69K
NREF — Current Insider Holders
InsiderRole Shares HeldValue
James D Dondero President 6,402,633 $78.56M
Matt McGraner See Remarks 324,248 $3.98M
Brian Mitts Director 91,645 $1.12M
Paul Richards See Remarks 74,069 $908.83K
Arthur B Laffer Director 65,009 $797.66K
Edward N. Constantino Director 36,657 $449.78K
Dennis Charles Sauter Jr General Counsel and Secretary 31,008 $380.47K
Catherine D. Wood Director 30,228 $370.90K
Scott F Kavanaugh Director 25,309 $310.54K
Carol Swain Director 11,563 $141.88K
NREF Insider Trading FAQ
Who are the insiders at NREF?
10 officers, directors and 10%+ beneficial owners currently report holdings in NREF via SEC Form 4.
Are NREF insiders buying or selling?
Across the 50 most recent Form 4 filings for NREF, 1 were open-market purchases (code P) and 1 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.
How current is NREF insider data?
Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent NREF filing is dated 2026-04-06.
How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the NREF quote page; the site-wide leaderboard is on the insider transactions hub.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.