LXP Industrial Trust CEO shares canceled at $61.20

The shares held through a Rabbi Trust were also converted into a right to receive $61.20 per share in cash.

Available on EDGAR 11/02/2026 - 09:57 AM EST Accepted by SEC EDGAR 11/02/2026 - 09:57 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

LXP Industrial Trust’s Chairman, CEO and President, T. Wilson Eglin, reported a disposition to the issuer on November 2, 2026, of 779,900 directly held shares and 26,172 shares held through a Rabbi Trust. The referenced common shares and non-vested restricted common shares were cancelled and converted into a right to receive $61.20 per share in cash at the merger’s Effective Time. Eglin’s direct holdings following the transaction were zero.

Insider Trade Summary

Disposition: 806,072.0744 shares

Disposition 2 txns

Insider EGLIN T WILSON

Role Chairman, CEO and President

Type	Security	Shares	Price	Value
Disposition	Common Shares F1	779,900	$61.20	$47.73M
Disposition	Common Shares F1	26,172.0744	$61.20	$1.60M

Holdings After Transaction: Common Shares — 0 shares (Direct); Common Shares — 0 shares (Indirect, By Rabbi Trust)

Holdings Before and After: Common Shares, 779,900 to 0 shares (Direct); Common Shares, 26,172.0744 to 0 shares (Indirect, By Rabbi Trust)

Footnotes (1)

1. F1. Represents common shares and non-vested restricted common shares that were cancelled and converted into the right to receive an amount in cash equal to $61.20 per share at the Effective Time in accordance with the terms of the Merger Agreement as defined and disclosed in the Company's Proxy Statement filed with the Securities and Exchange Commission on September 18, 2026.

Key Figures

Direct shares disposed of: 779,900 shares Shares held through Rabbi Trust disposed of: 26,172 shares Cash right per share: $61.20 per share +1 more

4 metrics

Direct shares disposed of 779,900 shares Disposition to the issuer on November 2, 2026

Shares held through Rabbi Trust disposed of 26,172 shares Disposition to the issuer on November 2, 2026

Cash right per share $61.20 per share Payable at the merger’s Effective Time for the cancelled shares

Direct shares following transaction 0 shares Following the November 2, 2026 disposition

Key Terms

Rabbi Trust, non-vested restricted common shares, Effective Time, Merger Agreement

4 terms

Rabbi Trust financial

"By Rabbi Trust"

A rabbi trust is a special account a company sets up to hold promised future pay for executives, like bonus or retirement money, so those employees can see there are funds earmarked for them. It matters to investors because it signals the company’s commitment to keep key people, but the money is still part of the company’s assets and can be claimed by creditors if the company goes bankrupt—think of it as a labeled jar that isn’t completely off-limits.

non-vested restricted common shares financial

"common shares and non-vested restricted common shares"

Effective Time technical

"at the Effective Time"

The exact clock time when a regulatory filing, approval, or corporate action formally becomes legally active; from that moment the change is binding and can be acted on. Investors care because the effective time marks when ownership, rights, trading rules, or new securities take effect — like a light switch turning on a contract or transaction — which determines when risks, benefits and market reactions begin.

Merger Agreement regulatory

"in accordance with the terms of the Merger Agreement"

A merger agreement is a binding contract that lays out the exact terms for two companies to combine, including the price, what each side will deliver, and the conditions that must be met before the deal is completed. Investors care because it sets the timetable, payouts and risks — like a blueprint or prenup that shows whether the deal is likely to close, how ownership will change, and what could cancel or alter the payout they expect.

FAQ

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

How many shares did LXP Chairman T. Wilson Eglin dispose of?

He reported a disposition to the issuer of 779,900 directly held shares and 26,172 shares held through a Rabbi Trust on November 2, 2026.

What happened to the shares in LXP Chairman T. Wilson Eglin’s Form 4 transaction?

The reported common shares and non-vested restricted common shares were cancelled and converted into a right to receive $61.20 per share in cash at the merger’s Effective Time.

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

Form 4 Insider Transactions: What Each Field Means →

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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

X

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^*

EGLIN T WILSON

(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
X	Officer (give title below)		Other (specify below)
	Chairman, CEO and President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/02/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	11/02/2026		D(1)		779,900	D	$61.2	0	D
Common Shares	11/02/2026		D(1)		26,172.0744	D	$61.2	0	I	By Rabbi Trust

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. Represents common shares and non-vested restricted common shares that were cancelled and converted into the right to receive an amount in cash equal to $61.20 per share at the Effective Time in accordance with the terms of the Merger Agreement as defined and disclosed in the Company's Proxy Statement filed with the Securities and Exchange Commission on September 18, 2026.

Remarks:

	Wilson T Eglin, by Joseph S. Bonventre, Attorney-in-Fact	11/02/2026
	** 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)