Arun Gupta gains 3,782 LXP shares; beneficial ownership 86,664

Rhea-AI Filing Summary

The filing shows that Arun Gupta, a director of LXP Industrial Trust (LXP), received 3,782 Common Shares on 10/02/2025 as an acquisition coded A. The shares were issued as quarterly trustee fees calculated at an average closing price of $8.5923 for the quarter. After the transaction, Mr. Gupta beneficially owned 86,664 common shares. The Form 4 was executed by an attorney-in-fact on behalf of Mr. Gupta and contains a single non-derivative securities transaction; no derivative transactions are reported.

Positive

• Director compensation received in equity aligns insider and shareholder interests by adding 3,782 shares
• Post-transaction beneficial ownership is clearly disclosed as 86,664 shares

Negative

• None.

Insights

Corporate Governance Specialist

Director received fees in stock, modestly increasing ownership.

The filing records a 3,782-share issuance on 10/02/2025 as trustee compensation, priced at $8.5923 per share. This is a routine non-cash director compensation method and does not report any derivative activity.

The post-transaction beneficial holding is 86,664 shares, which is an explicit change in insider ownership disclosed under Section 16.

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^*

Gupta Arun

(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
	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)	86,664	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:

	Arun Gupta, 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 transaction did Arun Gupta report on Form 4 for LXP (LXP)?

He reported receipt of 3,782 Common Shares on 10/02/2025 coded as an acquisition (A).

What price was used to issue the shares to the reporting person?

The shares were issued at an average closing price of $8.5923 for the quarter.

How many LXP shares does Arun Gupta beneficially own after the transaction?

The filing states he beneficially owned 86,664 common shares following the transaction.

Was the Form 4 reporting any derivative transactions for Arun Gupta?

No. Table II lists no derivative securities; only a non-derivative issuance is reported.

What was the reported reason for the share issuance?

The filing explains it was for quarterly trustee fees issued at the average closing price over the quarter.