LXP Industrial Trust (LXP) director awarded 678 shares in quarterly trustee fee grant
Rhea-AI Filing Summary
LXP Industrial Trust director reports routine share-based compensation. Director Claire A. Koeneman acquired 678 common shares of LXP Industrial Trust on 01/05/2026 at a reported price of $47.932 per share. The filing explains that these shares represent quarterly trustee fees issued at the average closing price over the quarter. Following this grant, Koeneman beneficially owned 25,898 common shares directly, reflecting ongoing equity-based compensation rather than an open-market trade.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 678 | $47.932 | $32K |
Footnotes (1)
- Quarterly trustee fees issued at the average closing price over the quarter Reverse share split resulted in cash payment for fractional shares.
FAQ
What insider transaction did LXP (LXP Industrial Trust) report for Claire A. Koeneman?
Director Claire A. Koeneman reported acquiring 678 common shares of LXP Industrial Trust on 01/05/2026, coded as an acquisition ("A") of non-derivative securities.
Was this LXP insider transaction an open-market trade or compensation?
The footnote explains that the shares reflect quarterly trustee fees issued at the average closing price over the quarter, indicating share-based compensation rather than an open-market purchase or sale.
What is Claire A. Koeneman’s relationship to LXP Industrial Trust?
Claire A. Koeneman is reported as a director of LXP Industrial Trust and is not listed as an officer or 10% owner in this filing.
Does the LXP filing mention any derivative securities for this insider?
The section for derivative securities in the filing is present but contains no reported derivative transactions for this event.