LXP Industrial Trust (LXP) EVP Mullinix details 2026 share awards and forfeiture

Rhea-AI Filing Summary

LXP Industrial Trust executive Brendan Mullinix reported multiple equity transactions in early January 2026. As EVP & Chief Investment Officer, he filed changes in his direct ownership of the company’s common shares.

On January 2, 2026, transactions included shares automatically withheld at $49.58 to cover payroll taxes upon vesting, as well as grants or vesting events of 10,090 and 30,255 common shares, some of which vest ratably over three years and others based on performance after a three-year period. On January 5, 2026, he reported a disposition of 13,323 non‑vested shares due to forfeiture at $49.61, along with additional shares withheld for taxes.

Following these transactions, Mullinix directly beneficially owned 180,927 common shares of LXP Industrial Trust.

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

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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^*

Mullinix Brendan P

(Last) (First) (Middle)

C/O LXP INDUSTRIAL TRUST

ONE PENN PLAZA, SUITE 4015

(Street)

NEW YORK NY 10119

(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 & Chief Investment Officer

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)		3,861	D	$49.58	157,617(2)	D
Common Shares	01/02/2026		A(3)		10,090	A	$49.58	167,707	D
Common Shares	01/02/2026		A(4)		30,255	A	$49.58	197,962	D
Common Shares	01/05/2026		D(5)		13,323	D	$49.61	184,639	D
Common Shares	01/05/2026		F(1)		3,712	D	$49.61	180,927	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.

5. Forfeiture of non-vested common shares.

Remarks:

	Brendan Mullinix, 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).
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FAQ

Who is the insider reporting transactions in LXP (LXP) shares?

The reporting person is Brendan Mullinix, who serves as EVP & Chief Investment Officer of LXP Industrial Trust.

What types of LXP (LXP) stock transactions did Brendan Mullinix report?

He reported grants or vesting of common shares, automatic share withholding to satisfy payroll taxes on vesting, and a forfeiture of non‑vested common shares.

When did the reported LXP (LXP) insider transactions occur?

The transactions took place on January 2, 2026 and January 5, 2026, as shown in Table I of the filing.

At what prices were the LXP (LXP) common share transactions recorded?

The common share transactions were recorded at prices of $49.58 on January 2, 2026 and $49.61 on January 5, 2026.

How many LXP (LXP) shares does Brendan Mullinix own after these transactions?

Following the reported transactions, Brendan Mullinix directly beneficially owned 180,927 common shares of LXP Industrial Trust.

What do the footnotes in the LXP (LXP) Form 4 explain?

The footnotes state that some shares were withheld to satisfy payroll taxes, some vest ratably over three years, others vest based on performance after three years, and certain non‑vested shares were forfeited. One note also mentions a reverse share split that resulted in a cash payment for fractional shares.