LXP Insider Buys 3,782 Shares at $8.5923 — Form 4
Jamie Handwerker, a director of LXP Industrial Trust (LXP), reported an insider acquisition of 3,782 common shares on 10/02/2025 at a per‑share price of $8.5923.
Rhea-AI Filing Summary
Jamie Handwerker, a director of LXP Industrial Trust (LXP), reported an insider acquisition of 3,782 common shares on 10/02/2025 at a per‑share price of $8.5923. Following the transaction the filing shows beneficial ownership of 120,197.754 shares.
The filing states these shares were issued as quarterly trustee fees and were priced using the average closing price over the quarter. The Form 4 was submitted by one reporting person and signed by an attorney‑in‑fact.
Positive
- Insider ownership increased to 120,197.754 shares
- Transaction disclosed promptly via a filed Form 4 dated 10/02/2025
Negative
- None.
Insights
Director received 3,782 shares as trustee fees, raising beneficial ownership to 120,197.754 shares.
This Form 4 discloses a non‑market purchase labeled as trustee fees rather than an open‑market trade; the shares were issued at the quarter's average closing price of $8.5923. Such fee issuances increase insider alignment with shareholders without indicating active buying in the public market.
The transaction is straightforward and administrative in nature; it should be viewed as a routine compensation settlement disclosed under Section 16 reporting rules.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 3,782 | $8.5923 | $32K |
Footnotes (1)
- F1. Quarterly trustee fees issued at the average closing price over the quarter
FAQ
What did Jamie Handwerker report on Form 4 for LXP (LXP)?
Was this transaction an open‑market purchase?
When was the Form 4 filed and who signed it?
Does the Form 4 show multiple reporting persons?
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