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

The LXP Form 4 transaction reflects a share grant, not an open-market purchase. The filing classifies it as a “grant, award, or other acquisition,” representing quarterly trustee fees paid in 664 common shares at the average closing price over the quarter.

LXP Industrial director awarded 664 shares

LXP Industrial Trust director Derrick L. Johnson received a grant of 664 common shares as compensation.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

LXP Industrial Trust director Derrick L. Johnson received a grant of 664 common shares as compensation. The shares reflect quarterly trustee fees issued at the average closing price over the quarter, rather than an open-market purchase. After this award, Johnson directly holds 11,940.875 common shares, including 523.905044 shares acquired through a company-sponsored dividend reinvestment plan.

Insider Trade Summary

Grant/Award: 664 shares

Grant/Award 1 txn

Insider Johnson Derrick L

Role Director

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

Holdings After Transaction: Common Shares — 11,940.875 shares (Direct)

Footnotes (2)

F1. Quarterly trustee fees issued at the average closing price over the quarter
F2. Includes 523.905044 common shares from company-sponsored dividend reinvestment plan.

Key Figures

Shares granted: 664 common shares Grant price: $48.895 per share Shares held after transaction: 11,940.875 common shares +1 more

4 metrics

Shares granted 664 common shares Quarterly trustee fee grant on 2026-04-03

Grant price $48.895 per share Valuation basis for trustee fee share award

Shares held after transaction 11,940.875 common shares Direct holdings following the 664-share grant

Dividend reinvestment plan shares 523.905044 common shares Portion of holdings from company-sponsored DRIP

Key Terms

grant, award, or other acquisition, quarterly trustee fees, dividend reinvestment plan

3 terms

grant, award, or other acquisition financial

"The filing classifies the transaction as a “grant, award, or other acquisition.”"

quarterly trustee fees financial

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

dividend reinvestment plan financial

"Includes 523.905044 common shares from company-sponsored dividend reinvestment plan."

A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.

FAQ

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

What insider transaction did LXP director Derrick L. Johnson report?

Derrick L. Johnson reported receiving 664 LXP Industrial Trust common shares. The shares were granted as quarterly trustee fees at the average closing price over the quarter, increasing his directly held position to 11,940.875 common shares in total.

How many LXP Industrial Trust shares does Derrick L. Johnson hold after the grant?

After the grant, Derrick L. Johnson holds 11,940.875 LXP Industrial Trust common shares directly. This total includes both previously held shares and the new 664-share award reported, as well as shares accumulated through the company’s dividend reinvestment plan.

At what price were the 664 LXP shares granted to Derrick L. Johnson valued?

The 664 LXP Industrial Trust shares were valued at $48.895 per share. The filing notes these quarterly trustee fee shares were issued at the average closing price over the quarter, providing a standardized valuation basis for the equity compensation.

What role does LXP’s dividend reinvestment plan play in Johnson’s holdings?

LXP’s dividend reinvestment plan contributes 523.905044 common shares to Johnson’s total holdings. The filing specifies these shares are from the company-sponsored dividend reinvestment plan, indicating a portion of his position comes from reinvested dividends rather than separate transactions.

Does the LXP Form 4 show any derivative securities for Derrick L. Johnson?

The Form 4 excerpt does not list any derivative securities for Derrick L. Johnson. The derivative section is empty, indicating the reported activity relates only to non-derivative common shares, specifically the 664-share grant and the resulting direct share balance.

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

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^*

Johnson Derrick L

(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)
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	04/03/2026		A		664	A	$48.895⁽¹⁾	11,940.875⁽²⁾	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

2. Includes 523.905044 common shares from company-sponsored dividend reinvestment plan.

Remarks:

	Derrick Johnson, 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)

Source: View Original Filing on SEC EDGAR