LXP Industrial Trust (NYSE: LXP) investors back all 2026 board, pay and auditor proposals

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

LXP Industrial Trust reported the results of its 2026 Annual Meeting of Shareholders. As of the March 25, 2026 record date, 58,957,523 common shares were outstanding, and 55,166,057 shares, or approximately 94% of those entitled to vote, were present or represented by proxy.

Shareholders elected eight trustees to serve until the 2027 Annual Meeting or earlier removal or resignation, with each nominee receiving a substantial majority of votes cast and broker non-votes reported. Investors also approved, on an advisory, non-binding basis, the compensation of the Trust’s named executive officers.

Shareholders further ratified the appointment of Deloitte & Touche LLP as the Trust’s independent registered public accounting firm for the fiscal year ending December 31, 2026, with significantly more votes cast in favor than against or abstaining.

8-K Event Classification

2 items: 5.07, 9.01

2 items

Item 5.07 Submission of Matters to a Vote of Security Holders Governance

Results of a shareholder vote on proposals at an annual or special meeting.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Common shares outstanding on record date: 58,957,523 shares Shares represented at meeting: 55,166,057 shares Say-on-pay votes for: 49,800,315 votes +4 more

7 metrics

Common shares outstanding on record date 58,957,523 shares As of March 25, 2026 record date

Shares represented at meeting 55,166,057 shares Approximately 94% of shares entitled to vote

Say-on-pay votes for 49,800,315 votes Advisory approval of named executive officer compensation

Say-on-pay votes against 2,702,313 votes Advisory approval of named executive officer compensation

Auditor ratification votes for 54,345,410 votes Ratification of Deloitte & Touche LLP for year ending December 31, 2026

Auditor ratification votes against 782,565 votes Ratification of Deloitte & Touche LLP for year ending December 31, 2026

Broker non-votes on proposals 1 and 2 2,605,993 shares Trustee elections and advisory compensation vote

Key Terms

broker non-votes, advisory, non-binding resolution, independent registered public accounting firm, Annual Meeting of Shareholders, +1 more

5 terms

broker non-votes financial

"BROKER NON-VOTES T. Wilson Eglin | 50,920,116 ... | 2,605,993"

Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.

advisory, non-binding resolution financial

"To vote upon an advisory, non-binding resolution to approve the compensation"

independent registered public accounting firm financial

"ratify the appointment of Deloitte & Touche LLP as the Trust's independent registered public accounting firm"

An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.

Annual Meeting of Shareholders financial

"held its 2026 Annual Meeting of Shareholders, which we refer to as the Annual Meeting"

A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.

record date financial

"As of March 25, 2026, the record date for holders of shares"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

Understanding 8-K Material Events →

05/20/2026 - 04:48 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 19, 2026

LXP INDUSTRIAL TRUST

(Exact name of registrant as specified in its charter)

Maryland

1-12386

13-3717318

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

515 N Flagler Dr, Suite 408,

West Palm Beach,

33401

(Address of Principal Executive Offices)

(Zip Code)

(212) 692-7200

Registrant's telephone number, including area code

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Shares of beneficial interest, par value $0.0001 per share, classified as Common Stock	LXP	New York Stock Exchange
6.50% Series C Cumulative Convertible Preferred Stock, par value $0.0001 per share	LXPPRC	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 5.07. Submission of Matters to a Vote of Security Holders.

On May 19, 2026, LXP Industrial Trust, which we refer to as the Trust, held its 2026 Annual Meeting of Shareholders, which we refer to as the Annual Meeting. As of March 25, 2026, the record date for holders of shares of beneficial interests, par value $0.0001 per share, classified as common stock, which we refer to as Common Shares, entitled to vote at the Annual Meeting, there were 58,957,523 Common Shares outstanding. Of the Common Shares entitled to vote at the Annual Meeting, 55,166,057 Common Shares, or approximately 94% of the Common Shares entitled to vote, were present or represented by proxy at the Annual Meeting. There were three matters presented and voted on at the Annual Meeting. Set forth below is a brief description of each matter voted on at the Annual Meeting and the voting results with respect to each matter:

Proposal No. 1. Election of eight trustees to serve until the Trust's 2027 Annual Meeting of Shareholders or their earlier removal or resignation and until their respective successors, if any, are elected and qualify. The eight trustees elected, and the voting results with respect to each of them, were as follows:


Nominee for Trustee	FOR	AGAINST	ABSTAIN	BROKER NON-VOTES
T. Wilson Eglin	50,920,116	1,604,073	35,875	2,605,993
Lawrence L. Gray	51,577,136	952,803	30,125	2,605,993
Arun Gupta	51,560,695	970,212	29,157	2,605,993
Jamie Handwerker	52,305,471	224,852	29,741	2,605,993
Derrick Johnson	51,882,079	258,805	419,180	2,605,993
Claire A. Koeneman	51,605,245	534,718	420,101	2,605,993
Nancy Elizabeth Noe	51,335,021	1,195,153	29,890	2,605,993
Howard Roth	52,307,315	221,671	31,078	2,605,993

Proposal No. 2. To vote upon an advisory, non-binding resolution to approve the compensation of the named executive officers of the Trust, as disclosed in the related proxy statement. The voting results with respect to Proposal No. 2 were as follows:


FOR	AGAINST	ABSTAIN	BROKER NON-VOTES
49,800,315	2,702,313	57,436	2,605,993

Proposal No. 3. To ratify the appointment of Deloitte & Touche LLP as the Trust's independent registered public accounting firm for the fiscal year ending December 31, 2026. The voting results with respect to Proposal No. 3 were as follows:


FOR	AGAINST	ABSTAIN
54,345,410	782,565	38,082

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

104 Cover Page Interactive Data File (embedded within XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


	LXP Industrial Trust


Date: May 20, 2026	By:	/s/ Joseph S. Bonventre
		Joseph S. Bonventre
		Secretary

Source: View Original Filing on SEC EDGAR

FAQ

What was the shareholder turnout at LXP (LXP Industrial Trust)'s 2026 annual meeting?

Shareholder turnout was high, with 55,166,057 common shares represented, about 94% of the 58,957,523 shares entitled to vote. This strong participation indicates broad engagement in trustee elections, executive compensation approval, and auditor ratification matters presented at the 2026 Annual Meeting.

Which trustees were elected at LXP (LXP Industrial Trust)'s 2026 annual meeting?

Eight trustees were elected: T. Wilson Eglin, Lawrence L. Gray, Arun Gupta, Jamie Handwerker, Derrick Johnson, Claire A. Koeneman, Nancy Elizabeth Noe, and Howard Roth. Each received a majority of votes cast, with separate tallies reported for for, against, abstain, and broker non-votes.

How did LXP (LXP Industrial Trust) shareholders vote on executive compensation in 2026?

Shareholders approved the advisory, non-binding resolution on executive compensation with 49,800,315 votes for, 2,702,313 against, and 57,436 abstentions. There were also 2,605,993 broker non-votes, reflecting shares present but not voting on this specific compensation proposal.

Which auditing firm did LXP (LXP Industrial Trust) shareholders ratify for 2026?

Shareholders ratified Deloitte & Touche LLP as the independent registered public accounting firm for the year ending December 31, 2026, with 54,345,410 votes for, 782,565 against, and 38,082 abstentions. This confirms continued engagement of Deloitte & Touche LLP for audit services.

How many LXP (LXP Industrial Trust) common shares were outstanding on the 2026 record date?

As of the March 25, 2026 record date, there were 58,957,523 common shares outstanding and entitled to vote. These shares formed the eligible base for participation in trustee elections, the say-on-pay advisory vote, and auditor ratification at the 2026 Annual Meeting.

What were the broker non-votes at LXP (LXP Industrial Trust)'s 2026 annual meeting?

Broker non-votes totaled 2,605,993 shares on proposals requiring shareholder direction, including trustee elections and the advisory vote on executive compensation. These shares were present for quorum purposes but did not vote on those specific proposals due to broker voting limitations.

Filing Exhibits & Attachments

4 documents