LXP director receives 3,782 shares at $8.5923 — insider report
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
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.
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 transaction did Arun Gupta report on Form 4 for LXP (LXP)?
Was the Form 4 reporting any derivative transactions for Arun Gupta?
AI-generated analysis. How Rhea-AI works. Not financial advice.