LXP Industrial Trust (LXP) CFO discloses equity awards and share ownership
Rhea-AI Filing Summary
LXP Industrial Trust executive Nathan Brunner, EVP, CFO and Treasurer, reported equity award transactions involving the company’s common shares. On 01/02/2026, 1,298 shares were disposed of at $49.58 to cover payroll taxes upon vesting. On the same date, he acquired 9,690 common shares that vest ratably over three years and 29,044 common shares that vest based on performance after a three-year period, both at a stated price of $49.58. Following these transactions, he directly beneficially owned 97,317 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 1,298 | $49.58 | $64K |
| Grant/Award | Common Shares | 9,690 | $49.58 | $480K |
| Grant/Award | Common Shares | 29,044 | $49.58 | $1.44M |
Footnotes (4)
- F1. Shares automatically withheld to satisfy payroll taxes for vesting on non-vested common shares.
- F2. Reverse share split resulted in cash payment for fractional shares.
- F3. Shares vest ratably over three-year period.
- F4. Shares vest based on performance after three-year period.
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FAQ
What insider activity did LXP (LXP) report in this Form 4?
The Form 4 reports that Nathan Brunner, EVP, CFO and Treasurer of LXP Industrial Trust, had shares withheld for taxes on vesting and received new equity awards in the form of common shares.
What role does the reporting person hold at LXP Industrial Trust?
The reporting person is an Officer of LXP Industrial Trust, serving as EVP, CFO and Treasurer, as indicated in the relationship section of the filing.