LXP Industrial Trust director receives 678 shares as trustee fees
LXP Industrial Trust director Derrick L. Johnson reported receiving additional common shares as part of his quarterly trustee compensation.
Rhea-AI Filing Summary
LXP Industrial Trust director Derrick L. Johnson reported receiving additional common shares as part of his quarterly trustee compensation. On January 5, 2026, he acquired 678 common shares of LXP Industrial Trust at a price of $47.923 per share, described as quarterly trustee fees issued at the average closing price over the quarter. Following this transaction, he directly beneficially owned 10,752.97 common shares, which reflects adjustments for issuances under the company’s dividend reinvestment plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 678 | $47.923 | $32K |
Footnotes (2)
- F1. Quarterly trustee fees issued at the average closing price over the quarter
- F2. Number of shares adjusted for Company dividend reinvestment plan issuances.
FAQ
What insider transaction did LXP (LXP Industrial Trust) report for Derrick L. Johnson?
LXP Industrial Trust reported that director Derrick L. Johnson acquired 678 common shares on January 5, 2026 as part of his quarterly trustee fees.
Does the Form 4 indicate whether Derrick L. Johnson’s LXP holdings are direct or indirect?
The Form 4 reports that the 10,752.97 common shares held after the transaction are owned on a direct (D) basis by Derrick L. Johnson.
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