Company: NREF
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001437749-25-010694
Chunk: 16

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 16
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 the chair of our nominating and corporate governance committee receives an additional annual fee payable in cash equal to $7,500; and

• the lead independent director receives an additional annual fee payable in cash equal to $10,000.

We also reimburse directors for all expenses incurred in attending Board and committee meetings.

Director Compensation Table

The following table provides information regarding the compensation of our non-management directors for the year ended December 31, 2024.

| NAME               |     | FEES EARNED  
 OR           
 PAID IN CASH |        |     | STOCK      
 AWARDS (1) |        |     | TOTAL |         |
|:-------------------|:----|:-------------|-------:|:----|:-----------|-------:|:----|:------|--------:|
| Edward Constantino |     | $            | 35,000 |     | $          | 66,410 |     | $     | 101,410 |
| Scott Kavanaugh    |     | $            | 37,500 |     | $          | 66,410 |     | $     | 103,910 |
| Dr. Arthur Laffer  |     | $            | 27,500 |     | $          | 66,410 |     | $     |  93,910 |
| Dr. Carol Swain    |     | $            | 20,000 |     | $          | 66,410 |     | $     |  86,410 |
| Catherine Wood     |     | $            | 20,000 |     | $          | 66,410 |     | $     |  86,410 |

| (1) | These restricted stock units were granted on March 13, 2024 and vested on March 13, 2025, the first anniversary of the grant date. The grant date fair value of the award was equal to the closing price of the Company’s common stock on the date of grant as calculated in accordance with the Financial Accounting Standards Board’s Accounting Standards Codification (“ASC”) Topic 718. Pursuant to the rules of the SEC, the amounts shown in this column exclude the impact of estimated forfeitures related to service-based vesting conditions. See Note 11 to our consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 for information regarding the assumptions made in determining these values. As of December 31,