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LXP Industrial Trust (LXP) director awarded 678 shares in quarterly trustee fee grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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

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Negative

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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*
Koeneman Claire A

(Last) (First) (Middle)
C/O LXP INDUSTRIAL TRUST
515 N. FLAGLER DRIVE, SUIT 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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026
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 01/05/2026 A 678 A $47.932(1) 25,898(2) 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. Quarterly trustee fees issued at the average closing price over the quarter
2. Reverse share split resulted in cash payment for fractional shares.
Remarks:
Claire A. Koeneman, by Joseph S. Bonventre, Attorney-in-Fact 01/07/2026
** 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 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.

At what price were the LXP shares credited to Claire A. Koeneman?

The 678 common shares were issued at a reported price of $47.932 per share, described as being based on the average closing price over the quarter.

How many LXP Industrial Trust shares does Claire A. Koeneman own after this transaction?

After the reported transaction, Claire A. Koeneman beneficially owned 25,898 common shares of LXP Industrial Trust, held directly.

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.

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