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LXP Industrial Trust (LXP) CEO details share grants, forfeitures and tax withholdings

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider EGLIN T WILSON
Role Chairman, CEO and President
Type Security Shares Price Value
Disposition Common Shares 39,966 $49.61 $1.98M
Tax Withholding Common Shares 12,808 $49.61 $635K
Tax Withholding 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 -- -- --
Holdings After Transaction: Common Shares — 792,708 shares (Direct); Common Shares — 26,172 shares (Indirect, By Rabbi Trust)
Footnotes (1)
  1. Shares automatically withheld to satisfy payroll taxes for vesting on non-vested common shares. Reverse share split resulted in cash payment for fractional shares. Shares vest ratably over three-year period. Shares vest based on performance after three-year period. Forfeiture of non-vested common shares. Shares held in rabbi trust previously reported as directly held.
Form 4 Insider Transactions: What Each Field Means →
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*
EGLIN T WILSON
(Last) (First) (Middle)
C/O LXP INDUSTRIAL TRUST
515 N. FLAGLER DRIVE, SUITE 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
X Officer (give title below) Other (specify below)
Chairman, CEO and President
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) 10,575 D $49.58 697,130(2) D
Common Shares 01/02/2026 A(3) 33,890 A $49.58 731,020 D
Common Shares 01/02/2026 A(4) 101,654 A $49.58 832,674 D
Common Shares 01/05/2026 D(5) 39,966 D $49.61 792,708 D
Common Shares 01/05/2026 F(1) 12,808 D $49.61 779,900 D
Common Shares 26,172(6) I By Rabbi Trust
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.
6. Shares held in rabbi trust previously reported as directly held.
Remarks:
Wilson T Eglin, by Joseph S. Bonventre, Attorney-in-Fact 01/08/2026
** 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.

Source: View Original Filing on SEC EDGAR

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.

How many LXP Industrial Trust shares does the CEO beneficially own after these transactions?

After the reported transactions, Wilson T. Eglin beneficially owned 779,900 LXP Industrial Trust common shares directly and 26,172 additional shares indirectly through a rabbi trust.

What are the vesting terms of the new LXP Industrial Trust share grants to the CEO?

The filing states that one grant of common shares vests ratably over a three‑year period, while another grant vests based on performance after a three‑year period.

How are LXP Industrial Trust shares held in the rabbi trust reported for the CEO?

The filing shows 26,172 common shares held indirectly "By Rabbi Trust" and notes that these shares had previously been reported as directly held by Wilson T. Eglin.

Did LXP Industrial Trust disclose any reverse share split effects in this insider report?

Yes. A footnote explains that a reverse share split occurred and resulted in a cash payment for fractional shares, though specific amounts are not detailed in the excerpt.