LXP Industrial Trust (LXP) director receives 664-share trustee fee grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LXP Industrial Trust director Howard Stewart Roth received an award of common shares as quarterly trustee fees. On this date, he acquired 664 common shares at an average price of $48.895 per share, issued as compensation based on the average closing price over the quarter.
Following this grant, his direct ownership increased to 22,350 common shares, reflecting a routine, compensation-related addition rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Roth Howard Stewart
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 664 | $48.895 | $32K |
Holdings After Transaction:
Common Shares — 22,350 shares (Direct)
Footnotes (1)
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Key Figures
Share grant: 664 shares
Grant price: $48.895 per share
Post-transaction holdings: 22,350 shares
3 metrics
Share grant
664 shares
Common shares awarded as quarterly trustee fees
Grant price
$48.895 per share
Value used to calculate trustee fee share issuance
Post-transaction holdings
22,350 shares
Direct ownership after the grant of common shares
Key Terms
Grant, award, or other acquisition, Quarterly trustee fees, Common Shares, Form 4
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Quarterly trustee fees financial
"Quarterly trustee fees issued at the average closing price"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did LXP director Howard Stewart Roth report?
Howard Stewart Roth reported receiving 664 LXP Industrial Trust common shares as a grant. The shares were issued as quarterly trustee fees, based on the average closing price over the quarter, and represent a routine compensation-related acquisition rather than an open-market trade.