Director at LXP Industrial Trust (NYSE: LXP) receives 631-share award

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Johnson Derrick L

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	631	$51.462	$32K

Holdings After Transaction: Common Shares — 12,342.035 shares (Direct, null)

Footnotes (1)

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

Share grant: 631 shares Grant valuation price: $51.462 per share Post-transaction holdings: 12,342.0345 shares +2 more

5 metrics

Share grant 631 shares Common shares awarded as grant/award acquisition

Grant valuation price $51.462 per share Price per common share for the 631-share award

Post-transaction holdings 12,342.0345 shares Total direct common shares after the grant

Overstated DRIP shares correction 338.80882 shares Amount by which a previous Form 4 overstated dividend reinvestment shares

New DRIP shares since last filing 153.96852 shares Common shares issued via dividend reinvestment plan since last Form 4

Key Terms

dividend reinvestment plan, trustee fees, Form 4

3 terms

dividend reinvestment plan financial

"Includes 153.96852 common shares issued pursuant to a company sponsored dividend reinvestment plan since last Form 4."

A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.

trustee fees financial

"Quarterly trustee fees issued at the average closing price over the quarter"

Form 4 regulatory

"Previous Form 4 overstated dividend reinvestment shares by 338.80882 common shares."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 01:44 PM Accepted by SEC EDGAR 07/06/2026 - 01:44 PM Learn about SEC filing dates

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^*

Johnson Derrick L

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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	07/01/2026		A		631	A	$51.462(1)	12,342.0345(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. 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.

Remarks:

	Derrick Johnson, by Joseph S. Bonventre, Attorney-in-Fact	07/06/2026
	** 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)

FAQ

What insider transaction did Derrick L. Johnson report for LXP Industrial Trust (LXP)?

Derrick L. Johnson reported receiving 631 LXP Industrial Trust common shares as a grant or award. The shares were issued as quarterly trustee fees at the average closing price over the quarter, increasing his direct holdings to 12,342.0345 common shares.

Was the LXP Industrial Trust Form 4 transaction an open-market buy or a compensation grant?

The LXP Industrial Trust Form 4 shows a compensation-related grant, not an open-market buy. Code "A" and the description indicate a grant or award of 631 common shares as quarterly trustee fees at the quarter’s average closing price.

How many LXP (LXP) shares does Derrick L. Johnson hold after this Form 4 transaction?

Following the reported grant, Derrick L. Johnson directly holds 12,342.0345 LXP common shares. This total reflects the newly awarded 631-share grant and prior holdings, including adjustments and dividend reinvestment activity disclosed in the Form 4 footnotes.

What price was used to value the 631-share grant reported in LXP Industrial Trust’s Form 4?

The 631-share grant was valued at $51.462 per LXP common share. A footnote clarifies these were quarterly trustee fees, issued at the average closing price of the shares over the quarter, rather than at a single-day market price.

What corrections to dividend reinvestment shares were disclosed in the LXP (LXP) Form 4 footnotes?

One footnote states a previous Form 4 overstated dividend reinvestment shares by 338.80882 common shares. It also notes that 153.96852 common shares were issued through a company-sponsored dividend reinvestment plan since the last Form 4 filing.