LXP Industrial Trust (LXP) director receives 631-share quarterly trustee fee grant
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Handwerker Jamie
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 631 | $51.462 | $32K |
Holdings After Transaction:
Common Shares — 26,012 shares (Direct, null)
Footnotes (1)
- [object Object]
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"
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
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.
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.