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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1786248	Nexpoint Real Estate Finance Inc.	NREF	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1636187	Matt Mcgraner	300 Crescent Court, Suite 700 Dallas TX 75201	See Remarks	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2020-03-13	1,800	$14.45	1,800	No	4	P	Indirect	See Footnote
Common Stock	Acquisiton	2020-03-25	1,500	$7.21	27,815	No	4	P	Direct
Common Stock	Acquisiton	2020-03-26	1,500	$6.97	29,315	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnote
No	4	P	Direct
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	65,700	Indirect	See Footnote

Footnotes

These shares are held by a limited liability company in which Mr. McGraner owns an indirect minority interest. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. Please refer to the Form 4 filed by James D. Dondero on March 17, 2020.
These shares are held by NexPoint Real Estate Strategies Fund ("NRESF"). Mr. McGraner is a co-portfolio manager of NRESF, and may be deemed to be an indirect beneficial owner of shares held by NRESF. Mr. McGraner disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.