What is the reason for Arun Gupta’s 631-share LXP (LXP) grant?

The 631-share grant represents quarterly trustee fees for Arun Gupta. The footnote explains that these fees are issued in stock at the average closing price over the quarter, compensating him for his service as a director.

LXP Industrial (LXP) director gets 631-share quarterly fee grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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 631 common shares as part of his quarterly trustee fees. The shares were valued at $51.462 per share, based on the average closing price over the quarter. Following this compensation-related award, Gupta directly holds 19,305 common shares of LXP Industrial Trust.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gupta Arun

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	631	$51.462	$32K

Holdings After Transaction: Common Shares — 19,305 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Shares granted: 631 shares Grant valuation price: $51.462 per share Post-transaction holdings: 19,305 shares

3 metrics

Shares granted 631 shares Quarterly trustee fee grant to director Arun Gupta

Grant valuation price $51.462 per share Average closing price over the quarter used for fees

Post-transaction holdings 19,305 shares Arun Gupta direct ownership after award

Key Terms

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

3 terms

Grant, award, or other acquisition financial

"transaction_code_description: 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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 01:45 PM Accepted by SEC EDGAR 07/06/2026 - 01:45 PM

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)
07/01/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	07/01/2026		A		631	A	$51.462⁽¹⁾	19,305	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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	07/06/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did LXP (LXP) director Arun Gupta report?

Arun Gupta reported receiving 631 LXP Industrial Trust common shares as a grant. The award represents quarterly trustee fees, issued in stock rather than cash, based on the average closing price over the quarter.

Was Arun Gupta’s LXP (LXP) transaction a market buy or sell?

The transaction was not an open-market buy or sell. Gupta received 631 common shares as a compensation grant labeled “Grant, award, or other acquisition,” reflecting quarterly trustee fees paid in stock.

At what price were Arun Gupta’s LXP (LXP) trustee fee shares valued?

The 631 common shares granted to Arun Gupta were valued at $51.462 per share. This price reflects the average closing price of LXP Industrial Trust shares over the relevant quarter for calculating trustee fees.

How many LXP (LXP) shares does Arun Gupta hold after this grant?

After the grant, Arun Gupta directly holds 19,305 LXP Industrial Trust common shares. This total includes the 631-share quarterly trustee fee award and represents his direct ownership position reported in the Form 4 filing.