STOCK TITAN

LXP Industrial Trust (LXP) director receives 664-share trustee fee grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Handwerker Jamie reported acquisition or exercise transactions in this Form 4 filing.

Director Jamie Handwerker of LXP Industrial Trust reported receiving a grant of 664 Common Shares as compensation. The shares were issued as quarterly trustee fees at an average price of $48.895 per share, increasing Handwerker’s direct holdings to 25,381 Common Shares after the transaction.

Positive

  • None.

Negative

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Insider Handwerker Jamie
Role Director
Type Security Shares Price Value
Grant/Award Common Shares 664 $48.895 $32K
Holdings After Transaction: Common Shares — 25,381 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares granted 664 Common Shares Compensation grant classified as quarterly trustee fees
Grant price $48.895 per share Average closing price over the quarter used for trustee fees
Shares owned after grant 25,381 Common Shares Direct ownership following the reported Form 4 transaction
Transaction date 2026-04-03 Date of the compensation-related acquisition reported on Form 4
Grant, award, or other acquisition financial
"transaction is classified as “Grant, award, or other acquisition”"
quarterly trustee fees financial
"Quarterly trustee fees issued at the average closing price"
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.
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*
Handwerker Jamie

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

(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)
04/03/2026
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 Shares04/03/2026A664A$48.895(1)25,381D
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
Remarks:
Jamie Handwerker, by Joseph S. Bonventre, Attorney-in-Fact04/03/2026
** 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)

FAQ

What insider transaction did LXP (LXP) director Jamie Handwerker report?

Jamie Handwerker reported receiving 664 LXP Industrial Trust Common Shares as a compensation grant. The shares were issued as quarterly trustee fees at an average price of $48.895 per share, bringing Handwerker’s direct ownership to 25,381 Common Shares following the transaction.

Was the LXP (LXP) Form 4 transaction an open-market purchase or a grant?

The Form 4 transaction was a grant, not an open-market purchase. It is classified as a “Grant, award, or other acquisition” and represents quarterly trustee fees paid in 664 Common Shares at an average price of $48.895 per share.

How many LXP (LXP) shares does Jamie Handwerker own after this Form 4?

After the reported grant, Jamie Handwerker directly owns 25,381 LXP Industrial Trust Common Shares. This total includes the 664 shares received as quarterly trustee fees in the latest transaction and reflects Handwerker’s direct position following the acquisition.

What was the price used for Jamie Handwerker’s LXP (LXP) share grant?

The 664-share grant to Jamie Handwerker was valued at an average price of $48.895 per share. According to the footnote, these Common Shares were issued as quarterly trustee fees based on the average closing price over the quarter.

How is the LXP (LXP) director’s share grant described in the Form 4 footnote?

The footnote explains the shares represent quarterly trustee fees issued at the average closing price over the quarter. This clarifies the 664 Common Shares were compensation-related, not a discretionary market trade, and were valued at an average price of $48.895 per share.

Is the LXP (LXP) Form 4 transaction a buy or sell signal for investors?

The Form 4 reflects a routine compensation grant, not a buy or sell decision. Jamie Handwerker received 664 shares as quarterly trustee fees, increasing total direct holdings to 25,381 Common Shares, so it mainly shows standard board compensation rather than active trading sentiment.