4/A: James Dondero Amends SEC Filing to Correctly State Beneficial Ownership of NexPoint Diversified Real Estate Trust Shares
SEC Filing Amendment
James Dondero files an amendment to a previous SEC Form 4 to accurately reflect the indirect ownership of NexPoint Diversified Real Estate Trust shares held through various entities.
Summary
- James Dondero filed an amended SEC Form 4 to correct information regarding the indirect ownership of NexPoint Diversified Real Estate Trust (NXDT) shares.
- The original Form 4, filed on April 21, 2025, incorrectly reported that 14,958 shares were held by NexPoint Asset Management, L.P.
- The amended filing clarifies that these 14,958 shares are actually held by Highland Capital Management Services, L.P. (HCM).
- Following the transactions disclosed in the original Form 4, Mr. Dondero indirectly owns 1,763,523.43 shares through various entities including Drugcrafters, L.P., PCMG Trading Partners XXIII, L.P., Governance Re Ltd., HCM, NexPoint Real Estate Advisors, L.P., and NexPoint Real Estate Advisers X, L.P.
- Additionally, Mr. Dondero indirectly owns 2,050,283 shares through Highland Opportunities and Income Fund and Highland Global Allocation Fund, both managed by NexPoint Asset Management.
- Mr. Dondero disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain any information that would significantly impact investor sentiment positively or negatively. The correction of the error is a positive sign of diligence.
Industry Context
This filing is a routine disclosure related to beneficial ownership as required by the SEC. It doesn't necessarily reflect any specific industry trend but ensures transparency in ownership structures.
Stakeholder Impact
- The correction of the filing ensures accurate information for shareholders regarding beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 04/17/2025 | Date of Earliest Transaction |
| 04/21/2025 | Date of Original Filed Form 4 |
| 04/21/2025 | Original Form 4 filing date that contained the error |
| 05/22/2025 | Date of Amended Filing (Form 4/A) |
Keywords
Beneficial Ownership, SEC Filing, Form 4, Amendment, NXDT, NexPoint Diversified Real Estate Trust, James Dondero, Highland Capital Management, NexPoint Asset Management
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