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.

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

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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^*

Dudley James

(Last) (First) (Middle)

C/O LXP INDUSTRIAL TRUST

ONE PENN PLAZA, SUITE 4015

(Street)

NEW YORK NY 10119

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Director of Asset Mgmt.

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

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	01/02/2026		F(1)		1,722	D	$49.58	92,727(2)	D
Common Shares	01/02/2026		A(3)		7,870	A	$49.58	100,597	D
Common Shares	01/02/2026		A(4)		23,599	A	$49.58	124,196	D
Common Shares	01/05/2026		D(5)		7,994	D	$49.61	116,202	D
Common Shares	01/05/2026		F(1)		1,346	D	$49.61	114,856	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. Shares automatically withheld to satisfy payroll taxes for vesting on non-vested common shares.

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

3. Shares vest ratably over three-year period.

4. Shares vest based on performance after three-year period.

5. Forfeiture of non-vested common shares.

Remarks:

	James Dudley, by Joseph S. Bonventre, Attorney-in-Fact	01/06/2026
	** 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.
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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.

How many LXP Industrial Trust shares did James Dudley sell or dispose of?

On January 5, 2026, James Dudley reported a disposition of 7,994 common shares at a price of $49.61 per share, along with additional shares withheld to satisfy payroll taxes related to vesting awards.

What new LXP shares were awarded to James Dudley in this Form 4?

On January 2, 2026, Dudley reported acquisitions of 7,870 common shares that vest ratably over three years and 23,599 common shares that vest based on performance after a three-year period, both at a price of $49.58 per share.

Why were some LXP shares labeled with transaction code "F" in the filing?

Transaction code "F" in the filing indicates shares were automatically withheld to satisfy payroll taxes upon the vesting of non-vested common shares, as described in the explanation of responses.

How many LXP Industrial Trust shares does James Dudley own after these transactions?

After the reported transactions, James Dudley directly beneficially owned 114,856 common shares of LXP Industrial Trust.

What do the vesting terms disclosed for James Dudley’s LXP share awards mean?

The filing explains that one grant of common shares vests ratably over a three-year period, while another grant vests based on performance after a three-year period, tying the timing and amount of vesting to service and performance conditions.

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.