LXP Industrial Trust director awarded 678 shares as quarterly fees
LXP Industrial Trust director Arun Gupta reported receiving additional common shares of the company.
Sentiment and the balance of points
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Rhea-AI Filing Summary
LXP Industrial Trust director Arun Gupta reported receiving additional common shares of the company. On January 5, 2026, he acquired 678 common shares of LXP Industrial Trust at a reported price of $47.932 per share. The filing explains that these shares represent quarterly trustee fees issued at the average closing price over the quarter, meaning his director compensation was paid in stock rather than cash. Following this transaction, Gupta directly beneficially owns 18,010 common shares of LXP Industrial Trust. A separate footnote notes that a reverse share split resulted in cash being paid for fractional shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 678 | $47.932 | $32K |
Footnotes (2)
- F1. Quarterly trustee fees issued at the average closing price over the quarter
- F2. Reverse share split resulted in cash payment for fractional shares.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Arun Gupta report at LXP (LXP Industrial Trust)?
Arun Gupta, a director of LXP Industrial Trust, reported acquiring 678 common shares of the company on January 5, 2026, in a transaction coded as an acquisition.
AI-generated analysis. How Rhea-AI works. Not financial advice.