LXP Industrial Trust (LXP) EVP Bonventre Discloses Share Awards, Forfeitures
Rhea-AI Filing Summary
LXP Industrial Trust executive Joseph Bonventre, EVP, COO, General Counsel and Secretary, reported multiple transactions in the company’s common shares. On 01/02/2026, 4,141 shares were automatically withheld to cover payroll taxes on vesting stock at $49.58 per share, and awards of 11,700 and 35,095 common shares were acquired at $49.58. These awards vest ratably over three years and based on performance after a three-year period. On 01/05/2026, 16,654 non-vested common shares were forfeited and 4,493 shares were withheld for taxes at $49.61 per share. Following these transactions, he directly holds 157,678 common shares and indirectly holds 53,831 shares through GTLOC LP.
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FAQ
What insider transactions did LXP (LXP) executive Joseph Bonventre report?
Joseph Bonventre reported tax-withholding share dispositions, new equity awards, and forfeitures of non-vested LXP Industrial Trust common shares on 01/02/2026 and 01/05/2026.
How many LXP common shares did the executive acquire on 01/02/2026?
On 01/02/2026, he acquired equity awards of 11,700 common shares that vest ratably over three years and 35,095 common shares that vest based on performance after a three-year period.
What LXP share disposals or withholdings occurred in this Form 4 filing?
The filing shows 4,141 shares withheld for payroll taxes on 01/02/2026, a forfeiture of 16,654 non-vested common shares on 01/05/2026, and an additional 4,493 shares withheld for taxes on 01/05/2026.
At what prices were the LXP Industrial Trust transactions reported?
The non-derivative transactions were reported at prices of $49.58 per share on 01/02/2026 and $49.61 per share on 01/05/2026.
How many LXP shares does the reporting person own after these transactions?
After the reported transactions, he beneficially owns 157,678 LXP common shares directly and 53,831 shares indirectly through GTLOC LP.
What is Joseph Bonventre’s role at LXP Industrial Trust?
He is reported as an officer of LXP Industrial Trust, serving as EVP, COO, General Counsel & Secretary.