Company: NREF
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001437749-25-010694
Chunk: 28

Company: NexPoint Real Estate Finance, Inc.
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 28
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 compensation, nor do we or our compensation committee make any decisions regarding their cash compensation, employee benefits, or other types of compensation paid to our executive officers by our Manager or its affiliates. Our compensation committee only reviews and approves the equity-based awards to be paid or made by us to our named executive officers based on recommendations from our President. During 2024, we did not provide any of our named executive officers with any cash compensation, pension benefits or nonqualified deferred compensation plans. We have reported the management fee that we pay to our Manager under “-Overview of Executive Compensation Program” above.

Summary Compensation Table

The following table sets forth the compensation paid to or accrued by those named executive officers during the fiscal years presented.

| NAME AND                                                                           
 PRINCIPAL POSITION                                                                 | YEAR |     | STOCK      
 AWARDS (1) |           |     | TOTAL |           |
|:-----------------------------------------------------------------------------------|-----:|:----|:-----------|----------:|:----|:------|----------:|
| James Dondero                                                                      | 2024 |     | $          | 2,253,975 |     | $     | 2,253,975 |
| President                                                                          | 2023 |     | $          | 2,015,664 |     | $     | 2,015,664 |
| Matt McGraner                                                                      | 2024 |     | $          | 2,253,975 |     | $     | 2,253,975 |
| Chief Investment Officer and Executive VP                                          | 2023 |     | $          | 1,938,541 |     | $     | 1,938,541 |
| Brian Mitts                                                                        | 2024 |     | $          |   488,662 |     | $     |   488,662 |
| Former Chief Financial Officer, Executive VP- Finance, Secretary and Treasurer (2) | 2023 |     | $          |   414,064 |     | $     |   414,064 |

| (1) | The amounts reported in the “Stock Awards” column represent the aggregate grant date fair value of restricted stock units, calculated in accordance with ASC Topic 718. Pursuant to SEC rules, 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, 202