LXP Director Receives 3,782 Shares as Quarterly Trustee Fees

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

Corporate Governance Analyst

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.

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
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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).

1. Name and Address of Reporting Person^*

Handwerker Jamie

(Last) (First) (Middle)

C/O LXP INDUSTRIAL TRUST

515 N. FLAGLER DRIVE

(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)
10/02/2025

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	10/02/2025		A		3,782	A	$8.5923(1)	120,197.754	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

Remarks:

	Jamie Handwerker, by Joseph S. Bonventre, Attorney-in-Fact	10/02/2025
	** 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 did Jamie Handwerker report on Form 4 for LXP (LXP)?

The Form 4 reports an acquisition of 3,782 common shares on 10/02/2025 at $8.5923 per share, resulting in 120,197.754 beneficially owned shares.

Why were the shares issued to Jamie Handwerker?

The filing states the shares were issued as quarterly trustee fees, priced at the average closing price over the quarter.

Was this transaction an open‑market purchase?

No. The filing indicates the shares were issued as compensation (trustee fees), not bought on the open market.

When was the Form 4 filed and who signed it?

The transaction date is 10/02/2025 and the form was signed on that date by Jamie Handwerker via an attorney‑in‑fact, Joseph S. Bonventre.

Does the Form 4 show multiple reporting persons?

No. The form indicates it was filed by one reporting person.