LXP Industrial director gets 664-share equity grant

Gupta Arun reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Gupta Arun reported acquisition or exercise transactions in this Form 4 filing.

LXP Industrial Trust director Arun Gupta received a grant of 664 Common Shares as quarterly trustee fees, issued at the average closing price over the quarter. Following this award, he directly holds 18,674 Common Shares of LXP Industrial Trust.

Insider Trade Summary

Grant/Award: 664 shares

Grant/Award 1 txn

Insider Gupta Arun

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	664	$48.895	$32K

Holdings After Transaction: Common Shares — 18,674 shares (Direct)

Footnotes (1)

1. F1. Quarterly trustee fees issued at the average closing price over the quarter

Key Figures

Shares granted: 664 Common Shares Grant price: $48.895 per share Shares owned after: 18,674 Common Shares +1 more

4 metrics

Shares granted 664 Common Shares Director equity grant as quarterly trustee fees

Grant price $48.895 per share Average closing price over the quarter for fee shares

Shares owned after 18,674 Common Shares Director Arun Gupta direct holdings after grant

Transaction date 2026-04-03 Date of reported Form 4 acquisition

Key Terms

Grant, award, or other acquisition, Common Shares, quarterly trustee fees

3 terms

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

Common Shares financial

"security_title: "Common Shares""

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

quarterly trustee fees financial

"Quarterly trustee fees issued at the average closing price over the quarter"

FAQ

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

What insider transaction did LXP (LXP Industrial Trust) report for Arun Gupta?

LXP reported that director Arun Gupta received a grant of 664 Common Shares. The shares were issued as quarterly trustee fees rather than an open-market purchase, increasing his direct holdings to 18,674 Common Shares after the transaction.

Was the LXP Arun Gupta Form 4 transaction a stock purchase or a grant?

The Form 4 for Arun Gupta shows a share grant, coded "A" for grant, award, or other acquisition. It represents 664 Common Shares issued as quarterly trustee fees, not an open-market stock purchase by the director.

At what price were Arun Gupta’s LXP shares valued in this Form 4 grant?

The 664 Common Shares granted to Arun Gupta were valued at an average price of $48.895 per share. The footnote explains these were quarterly trustee fees issued at the average closing price over the quarter, reflecting typical director compensation.

How many LXP Industrial Trust shares does Arun Gupta own after this transaction?

After receiving the 664-share grant, Arun Gupta directly owns 18,674 Common Shares of LXP Industrial Trust. This total reflects his direct ownership position immediately following the reported Form 4 transaction on the stated date.

What does the footnote in Arun Gupta’s LXP Form 4 filing explain?

The footnote states the shares represent quarterly trustee fees issued at the average closing price over the quarter. This clarifies the 664-share acquisition is compensation-related, not an open-market trade, and is part of routine director fee arrangements.

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

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Accepted by SEC EDGAR 04/03/2026 - 02:52 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Gupta Arun

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	04/03/2026		A		664	A	$48.895(1)	18,674	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Quarterly trustee fees issued at the average closing price over the quarter

Remarks:

	Arun Gupta, by Joseph S. Bonventre, Attorney-in-Fact	04/03/2026
	** Signature of Reporting Person	Date
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)