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LXP Industrial Trust: Gray acquires 542 shares

The director's report also lists 26,231 common shares held by trust and notes a transfer of 631 shares from direct to indirect ownership.

(Neutral)

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Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

LXP Industrial Trust director Lawrence L. Gray acquired 542 common shares on October 7, 2026, as quarterly trustee fees issued at the average closing price over the quarter; the reported price was $59.8553 per share. His direct holdings following the acquisition were 542 shares. A separate holding entry lists 26,231 common shares indirectly by trust; its note says 631 common shares were transferred from direct to indirect and Gray disclaims ownership except to the extent of his pecuniary interest.

Insider Gray Lawrence L
Role Director
Type Security Shares Price Value
Grant/Award Common Shares F1 542 $59.8553 $32K
holding Common Shares F2 -- -- --
Holdings After Transaction: Common Shares — 542 shares (Direct); Common Shares — 26,231 shares (Indirect, By Trust)
Footnotes (2)
  1. F1. Quarterly trustee fees issued at the average closing price over the quarter
  2. F2. Reporting person disclaims ownership of reported securities except to the extent of his pecuniary interest therein. 631 common shares transferred from direct to indirect.
Common shares acquired 542 shares October 7, 2026; quarterly trustee fees
Reported price per share $59.8553 per share Acquisition on October 7, 2026
Direct common shares following acquisition 542 shares Reported following the acquisition on October 7, 2026
Indirect common shares held by trust 26,231 shares Holding entry dated October 7, 2026
Common shares transferred from direct to indirect 631 shares As stated in the ownership note
trustee fees financial
"Quarterly trustee fees issued at the average closing price over the quarter"
average closing price financial
"issued at the average closing price over the quarter"
The average closing price is the arithmetic mean of a security’s end-of-day prices over a chosen period, found by adding each day’s closing price and dividing by the number of days. It smooths out daily ups and downs to show a typical market value—like averaging daily temperatures to understand a month’s climate—and helps investors spot trends, judge whether a stock is generally rising or falling, and make clearer buy or sell decisions.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did LXP director Lawrence L. Gray acquire?

Lawrence L. Gray, a director of LXP Industrial Trust, acquired 542 common shares on October 7, 2026, at a reported $59.8553 per share. The shares were issued as quarterly trustee fees at the average closing price over the quarter.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gray Lawrence L

(Last)(First)(Middle)
C/O LXP INDUSTRIAL TRUST
515 N. FLAGLER DRIVE, SUITE 408

(Street)
WEST PALM BEACH FLORIDA 33401

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LXP Industrial Trust [ LXP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Shares10/07/2026A542A$59.8553(1)542D
Common Shares26,231IBy Trust(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Quarterly trustee fees issued at the average closing price over the quarter
2. Reporting person disclaims ownership of reported securities except to the extent of his pecuniary interest therein. 631 common shares transferred from direct to indirect.
Remarks:
Lawrence L. Gray, by Joseph S. Bonventre, Attorney-in-Fact10/07/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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