LXP Industrial Trust (LXP) EVP reports stock awards, tax withholdings and sale
Rhea-AI Filing Summary
LXP Industrial Trust executive James Dudley reported several equity transactions in company shares. As EVP & Director of Asset Management, he filed a Form 4 showing activity on January 2, 2026 and January 5, 2026. On January 2, entries include shares automatically withheld to cover payroll taxes on vesting common shares, new awards that vest over three years, and performance-based shares that vest after a three-year period, all at prices around $49.58 per share. On January 5, there was a disposition of 7,994 common shares at $49.61 per share and additional shares withheld for taxes. Following these transactions, Dudley directly beneficially owned 114,856 common shares of LXP Industrial Trust.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Shares | 7,994 | $49.61 | $397K |
| Tax Withholding | Common Shares | 1,346 | $49.61 | $67K |
| Tax Withholding | Common Shares | 1,722 | $49.58 | $85K |
| Grant/Award | Common Shares | 7,870 | $49.58 | $390K |
| Grant/Award | Common Shares | 23,599 | $49.58 | $1.17M |
Footnotes (1)
- Shares automatically withheld to satisfy payroll taxes for vesting on non-vested common shares. Reverse share split resulted in cash payment for fractional shares. Shares vest ratably over three-year period. Shares vest based on performance after three-year period. Forfeiture of non-vested common shares.
FAQ
What insider activity did LXP (LXP Industrial Trust) report for James Dudley?
The filing shows that EVP & Director of Asset Management James Dudley reported multiple transactions in LXP Industrial Trust common shares on January 2, 2026 and January 5, 2026, including tax withholdings, share awards, and a sale of shares.
Who signed the LXP Form 4 for James Dudley and in what capacity?
The Form 4 was signed as "James Dudley, by Joseph S. Bonventre, Attorney-in-Fact" on January 6, 2026, indicating execution under a power of attorney.