other
confidence high
sentiment neutral
materiality 0.25
NexPoint Diversified Real Estate Trust adopts clawback policy per SEC/NYSE rules
NEXPOINT DIVERSIFIED REAL ESTATE TRUST
- Policy mandates recovery of erroneously awarded incentive-based compensation from current and former executive officers following an accounting restatement.
- Adopted November 6, 2023; applies to incentive-based compensation received on or after October 2, 2023.
- Recovery covers the three completed fiscal years preceding the restatement trigger date.
- Company will not indemnify officers against loss of erroneously awarded compensation.
- Policy may be amended; interpreted to comply with Exchange Act Section 10D and NYSE listing standards.