LXP Industrial Trust director granted 631 shares
LXP Industrial Trust director Derrick L. Johnson reported an acquisition of common shares as compensation.
Rhea-AI Filing Summary
LXP Industrial Trust director Derrick L. Johnson reported an acquisition of common shares as compensation. He received a grant of 631 common shares on the reported date at a price of $51.462 per share, characterized as a grant or award rather than an open-market purchase.
After this award, his direct holdings increased to 12,342.0345 common shares. A footnote explains these shares represent quarterly trustee fees issued at the average closing price over the quarter. Another footnote notes a prior Form 4 overstated dividend reinvestment shares by 338.80882 shares and that 153.96852 additional shares were issued through a company dividend reinvestment plan since the last report.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 631 | $51.462 | $32K |
Footnotes (2)
- F1. Quarterly trustee fees issued at the average closing price over the quarter
- F2. Previous Form 4 overstated dividend reinvestment shares by 338.80882 common shares. Includes 153.96852 common shares issued pursuant to a company sponsored dividend reinvestment plan since last Form 4.
Key Figures
Key Terms
dividend reinvestment plan financial
trustee fees financial
Form 4 regulatory
FAQ
What insider transaction did Derrick L. Johnson report for LXP Industrial Trust (LXP)?
Was the LXP Industrial Trust Form 4 transaction an open-market buy or a compensation grant?
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