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LXP Industrial Trust (NYSE: LXP) EVP reports Form 4 after share split

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LXP Industrial Trust executive Joseph Bonventre, who serves as EVP, COO, General Counsel and Secretary, reported changes in his ownership of LXP common shares. On 12/08/2025, he recorded dispositions of 517 and 750 common shares at a price of $48.69 per share. After these transactions, he beneficially owns 136,171 common shares directly and 53,831 common shares indirectly through GTLOC LP. The filing explains that a reverse share split since his last reported transaction resulted in cash paid in lieu of 0.6 common shares (equivalent to 3 shares before the reverse split).

Positive

  • None.

Negative

  • None.
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*
Bonventre Joseph

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, COO, Gen.Counsel & Sec
3. Date of Earliest Transaction (Month/Day/Year)
12/08/2025
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 12/08/2025 G 517 D $48.69 136,921(1) D
Common Shares 12/08/2025 G 750 D $48.69 136,171 D
Common Shares 53,831 I By GTLOC LP
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. Reverse share split since last reported transaction resulted in cash in lieu of 0.6 Common Shares (or 3 Common Shares on a pre-reverse split basis).
Remarks:
/s/ Joseph Bonventre 12/08/2025
** 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 did the LXP (LXP) insider report in this Form 4 filing?

The filing shows that executive officer Joseph Bonventre reported dispositions of 517 and 750 LXP Industrial Trust common shares on 12/08/2025, with the transactions tied to a reverse share split.

Who is the reporting person in the LXP Industrial Trust (LXP) Form 4?

The reporting person is Joseph Bonventre, an officer of LXP Industrial Trust serving as EVP, COO, General Counsel & Secretary, who filed individually as one reporting person.

How many LXP Industrial Trust shares does the insider own after the reported transactions?

Following the reported transactions, Joseph Bonventre beneficially owns 136,171 LXP common shares directly and 53,831 common shares indirectly, held through GTLOC LP.

What was the transaction price in the LXP (LXP) insider share dispositions?

The reported dispositions of LXP Industrial Trust common shares on 12/08/2025 were priced at $48.69 per share for both the 517-share and 750-share transactions.

How did the reverse share split affect the LXP Industrial Trust insider’s holdings?

The explanation states that a reverse share split since the last reported transaction resulted in cash in lieu of 0.6 common shares, equal to 3 common shares on a pre-reverse split basis.

Does the LXP (LXP) Form 4 indicate indirect ownership by the insider?

Yes. In addition to directly owned shares, the Form 4 reports 53,831 LXP common shares held indirectly by GTLOC LP for which Joseph Bonventre has beneficial ownership.

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