LXP director acquires 3,782 shares at $8.5923 — ownership 46,815
Derrick L. Johnson, a director of LXP Industrial Trust (LXP), reported a purchase of 3,782 common shares on 10/02/2025 at a per-share price of $8.5923.
Rhea-AI Filing Summary
Derrick L. Johnson, a director of LXP Industrial Trust (LXP), reported a purchase of 3,782 common shares on 10/02/2025 at a per-share price of $8.5923. After the transaction he beneficially owns 46,815 shares. The filing notes these shares were issued as quarterly trustee fees calculated at the average closing price over the quarter. The Form 4 was filed by one reporting person and was signed on 10/02/2025 by an attorney-in-fact.
Positive
- Acquisition of 3,782 shares increases insider alignment with shareholders
- Shares issued as quarterly trustee fees indicates routine, disclosed compensation practice
Negative
- None.
Insights
Director received shares as trustee fees; ownership increased to 46,815 shares.
The filing discloses a non-market purchase of 3,782 shares on 10/02/2025 at $8.5923 per share, described as quarterly trustee fees. This is a compensation-related issuance, not an open-market trade.
Because the shares are fee-based, the change reflects routine compensation practices rather than a trading decision; the transaction increases the director's beneficial stake to 46,815 shares as reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 3,782 | $8.5923 | $32K |
Footnotes (1)
- F1. Quarterly trustee fees issued at the average closing price over the quarter
FAQ
What transaction did Derrick L. Johnson report for LXP (LXP)?
When was the Form 4 filed/signed?
Was this Form 4 filed by more than one reporting person?
AI-generated analysis. How Rhea-AI works. Not financial advice.