LXP Industrial Trust (LXP) director Arun Gupta gets 678 shares in fee grant

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.

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^*

Gupta Arun

(Last) (First) (Middle)

C/O LXP INDUSTRIAL TRUST

515 N. FLAGLER DRIVE, SUITE 408

(Street)

WEST PALM BEACH FL 33401

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	01/05/2026		A		678	A	$47.932(1)	18,010(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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

2. Reverse share split resulted in cash payment for fractional shares.

Remarks:

	Arun Gupta, by Joseph S. Bonventre, Attorney-in-Fact	01/07/2026
	** 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.

FAQ

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.

At what price were the LXP Industrial Trust shares issued to Arun Gupta?

The 678 common shares were reported at a price of $47.932 per share, based on the average closing price over the quarter for purposes of calculating his trustee fee in stock.

Why did Arun Gupta receive LXP Industrial Trust shares instead of cash?

The filing states that the issuance represents quarterly trustee fees that were issued at the average closing price over the quarter, indicating his director compensation was delivered in company stock.

How many LXP Industrial Trust shares does Arun Gupta own after this transaction?

After the reported acquisition, Arun Gupta beneficially owns 18,010 common shares of LXP Industrial Trust in direct ownership, as reflected in the filing.

What does the Form 4 say about a reverse share split for LXP Industrial Trust?

A footnote explains that a reverse share split resulted in a cash payment for fractional shares, clarifying how fractional interests were handled.

Is Arun Gupta considered an officer or large shareholder of LXP Industrial Trust?

According to the filing, Arun Gupta is a director of LXP Industrial Trust and is not listed as a 10% owner or officer in this report.