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LXP Industrial Trust (LXP) CFO discloses equity awards and share ownership

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

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

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Negative

  • None.
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*
Brunner Nathan

(Last) (First) (Middle)
515 N. FLAGLER DRIVE, SUITE 408

(Street)
WEST PALM BEACH FL 33401

(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, CFO and Treasurer
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) 1,298 D $49.58 58,583(2) D
Common Shares 01/02/2026 A(3) 9,690 A $49.58 68,273 D
Common Shares 01/02/2026 A(4) 29,044 A $49.58 97,317 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.
Remarks:
/s/ Nathan Brunner 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.
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.

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.

How many LXP Industrial Trust shares were acquired by the executive?

On 01/02/2026, the executive 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.

Why were 1,298 LXP Industrial Trust shares disposed of?

The filing explains that 1,298 common shares were automatically withheld on 01/02/2026 to satisfy payroll taxes in connection with the vesting of non-vested common shares.

What are the vesting terms of the new LXP Industrial Trust share awards?

According to the disclosure, 9,690 shares vest ratably over a three-year period, while 29,044 shares vest based on performance after a three-year period.

How many LXP Industrial Trust shares does the executive own after these transactions?

After the reported transactions on 01/02/2026, the executive directly beneficially owned 97,317 common shares of LXP Industrial Trust.

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.

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