---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-029491"
form_type: "8-K"
ticker: "NXDT"
cik: "0001356115"
company_name: "NEXPOINT DIVERSIFIED REAL ESTATE TRUST"
filed_at: "2025-09-19T23:59:59+00:00"
generated_at: "2026-05-17T06:04:54.838497+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NexPoint Diversified Real Estate Trust amends advisory agreement to allow fee payment in common shares up to 6M shares

## Summary
- Advisor can elect to receive monthly fees in common shares at 10-day VWAP, subject to 6,000,000 share cap.
- Advisor may defer fees and expense reimbursements at its discretion; no interest accrues on deferred amounts.
- Amendment approved by Audit Committee under Related Party Transaction Policy and board of trustees.
- Cash payment remains default unless advisor delivers Election Notice to board.

## SEC filing metadata
- accession: 0001437749-25-029491
- form_type: 8-K
- ticker: NXDT
- cik: 0001356115
- company_name: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
- filed_at: 2025-09-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1356115/000143774925029491/0001437749-25-029491-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1356115/000143774925029491/nexsof20250919_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-029491
- JSON: https://secwatch.observer/filing/0001437749-25-029491.json
- Plain text: https://secwatch.observer/filing/0001437749-25-029491.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.