Was the LXP transaction by Jamie Handwerker a stock purchase or a share grant?

The LXP transaction was a share grant, not an open-market stock purchase. The Form 4 classifies it under transaction code "A" as a grant, award, or other acquisition, representing quarterly trustee fees paid in Common Shares at an average price of $51.462.

LXP director granted 631 shares as trustee fees

LXP Industrial Trust director Jamie Handwerker received a grant of 631 Common Shares as quarterly trustee fees.

Filing Impact

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Filing Sentiment

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Sentiment and the balance of points

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Form Type

Rhea-AI Filing Summary

LXP Industrial Trust director Jamie Handwerker received a grant of 631 Common Shares as quarterly trustee fees. The shares were issued at an average price of $51.462 per share, representing compensation rather than an open-market purchase. Following this award, Handwerker directly owns 26,012 Common Shares. The filing shows a routine, compensation-related acquisition with no sales or derivative exercises reported.

Insider Trade Summary

Grant/Award: 631 shares

Grant/Award 1 txn

Insider Handwerker Jamie

Role Director

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

Holdings After Transaction: Common Shares — 26,012 shares (Direct)

Footnotes (1)

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

Key Figures

Shares granted: 631 Common Shares Grant price: $51.462 per share Post-transaction holdings: 26,012 Common Shares +2 more

5 metrics

Shares granted 631 Common Shares Quarterly trustee fee grant to director Jamie Handwerker

Grant price $51.462 per share Average closing price over the quarter for fee calculation

Post-transaction holdings 26,012 Common Shares Direct ownership after the grant

Transaction code A (grant, award, or other acquisition) Non-derivative Common Shares

Transaction date 2026-07-01 Effective date of share grant

Key Terms

Grant, award, or other acquisition, Common Shares, Quarterly trustee fees, average closing price

4 terms

Grant, award, or other acquisition financial

"transaction code description is "Grant, award, or other acquisition" for the Common Shares"

Common Shares financial

"The security title reported for the transaction is "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"

average closing price financial

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

The average closing price is the arithmetic mean of a security’s end-of-day prices over a chosen period, found by adding each day’s closing price and dividing by the number of days. It smooths out daily ups and downs to show a typical market value—like averaging daily temperatures to understand a month’s climate—and helps investors spot trends, judge whether a stock is generally rising or falling, and make clearer buy or sell decisions.

FAQ

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

What did LXP director Jamie Handwerker report in this Form 4 for LXP?

Jamie Handwerker reported receiving 631 LXP Industrial Trust Common Shares as a grant. The award represents quarterly trustee fees, issued at an average price of $51.462 per share, and is classified as a routine compensation-related acquisition, not an open-market stock purchase.

How many LXP shares does Jamie Handwerker hold after this reported transaction?

After the reported grant, Jamie Handwerker directly holds 26,012 LXP Industrial Trust Common Shares. This total includes the 631 shares received as quarterly trustee fees in the latest transaction, indicating a relatively small, routine increase in the director’s overall equity position.

What price was used to value the LXP shares granted to Jamie Handwerker?

The 631 LXP Industrial Trust Common Shares granted to Jamie Handwerker were valued at an average price of $51.462 per share. According to the footnote, this reflects the average closing price over the quarter, used to determine the number of shares issued as trustee fees.

Does the Form 4 for LXP show any stock sales or option exercises by Jamie Handwerker?

The Form 4 for LXP shows no stock sales or option exercises by Jamie Handwerker. It reports only one non-derivative transaction coded "A," a grant of 631 Common Shares as quarterly trustee fees, with no derivative positions or dispositions disclosed in the filing.

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

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Accepted by SEC EDGAR 07/06/2026 - 01:44 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^*

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)

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⁾	26,012	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:

	Jamie Handwerker, 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