LXP Industrial Trust (LXP) CEO details share grants, forfeitures and tax withholdings
Rhea-AI Filing Summary
LXP Industrial Trust Chairman, CEO and President Wilson T. Eglin reported multiple equity-related transactions in common shares. On 01/02/2026, awards of 33,890 and 101,654 common shares were granted at $49.58 per share, with one grant vesting ratably over three years and another based on performance after a three-year period. Also on that date, 10,575 shares were automatically withheld to cover payroll taxes upon vesting of non-vested shares.
On 01/05/2026, 39,966 non‑vested shares were forfeited and 12,808 additional shares were withheld for taxes at $49.61 per share. Following these transactions, Eglin directly beneficially owned 779,900 common shares, with another 26,172 shares held indirectly in a rabbi trust. The footnotes also note a reverse share split that resulted in cash paid for fractional shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Shares | 39,966 | $49.61 | $1.98M |
| Exercise Price or Tax Liability | Common Shares | 12,808 | $49.61 | $635K |
| Exercise Price or Tax Liability | Common Shares | 10,575 | $49.58 | $524K |
| Grant/Award | Common Shares | 33,890 | $49.58 | $1.68M |
| Grant/Award | Common Shares | 101,654 | $49.58 | $5.04M |
| holding | Common Shares | -- | -- | -- |
Footnotes (6)
- F1. Shares automatically withheld to satisfy payroll taxes for vesting on non-vested common shares.
- F2. Reverse share split resulted in cash payment for fractional shares.
- F3. Shares vest ratably over three-year period.
- F4. Shares vest based on performance after three-year period.
- F5. Forfeiture of non-vested common shares.
- F6. Shares held in rabbi trust previously reported as directly held.
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FAQ
What insider transactions did LXP (LXP) CEO Wilson T. Eglin report in January 2026?
Wilson T. Eglin reported several common share transactions. On 01/02/2026, he received grants of 33,890 and 101,654 shares at $49.58 per share and had 10,575 shares withheld for taxes. On 01/05/2026, 39,966 non‑vested shares were forfeited and 12,808 shares were withheld for taxes at $49.61 per share.