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LXP Industrial Trust (LXP) director reports 678-share equity grant

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

LXP Industrial Trust director reports quarterly share grant

LXP Industrial Trust director Nancy Elizabeth Noe reported receiving 678 common shares on 01/05/2026. The shares were issued as quarterly trustee fees at a price of $47.923 per share, based on the average closing price over the quarter. After this grant, she holds 678 common shares directly and 11,569 common shares indirectly through a trust. She disclaims ownership of the reported securities except to the extent of her pecuniary interest, and some common shares were transferred from direct to indirect ownership. A reverse share split also resulted in a cash payment for fractional shares.

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Insider Noe Nancy Elizabeth
Role Director
Type Security Shares Price Value
Grant/Award Common Shares 678 $47.923 $32K
holding Common Shares -- -- --
Holdings After Transaction: Common Shares — 678 shares (Direct); Common Shares — 11,569 shares (Indirect, By Trust)
Footnotes (1)
  1. Quarterly trustee fees issued at the average closing price over the quarter Reverse share split resulted in cash payment for fractional shares. Reporting person disclaims ownership of reported securities except to the extent of her pecuniary interest therein. Common shares transferred from direct to indirect.
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*
Noe Nancy Elizabeth
(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)
01/05/2026
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 01/05/2026 A 678 A $47.923(1) 678 D
Common Shares 11,569(2) I By Trust(3)
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
2. Reverse share split resulted in cash payment for fractional shares.
3. Reporting person disclaims ownership of reported securities except to the extent of her pecuniary interest therein. Common shares transferred from direct to indirect.
Remarks:
Nancy Elizabeth Noe, by Joseph S. Bonventre, Attorney-in-Fact 01/07/2026
** 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 transaction did LXP (LXP Industrial Trust) disclose for Nancy Elizabeth Noe?

LXP Industrial Trust reported that director Nancy Elizabeth Noe received 678 common shares on 01/05/2026. The transaction was coded "A" for acquisition and reflects a routine equity issuance rather than an open-market trade.

What was the price and nature of the LXP shares received by Nancy Elizabeth Noe?

The 678 LXP Industrial Trust common shares were issued as quarterly trustee fees at a price of $47.923 per share, calculated using the average closing price over the quarter.

How many LXP shares does Nancy Elizabeth Noe own directly and indirectly after this Form 4?

Following the reported transaction, Nancy Elizabeth Noe holds 678 common shares directly and 11,569 common shares indirectly through a trust, as disclosed in the filing.

How are the indirect LXP holdings of Nancy Elizabeth Noe structured?

The Form 4 identifies 11,569 LXP common shares as being held indirectly "By Trust." The filing notes that common shares were transferred from direct to indirect ownership and are reported as held by this trust.

Does Nancy Elizabeth Noe fully claim beneficial ownership of all reported LXP shares?

No. The filing states that she disclaims ownership of the reported securities except to the extent of her pecuniary interest in them, which is a common disclaimer when holdings are structured through a trust.

What does the reverse share split note mean in this LXP Form 4?

The explanation section states that a reverse share split resulted in a cash payment for fractional shares. This indicates that any fractional share amounts created by the split were settled in cash rather than as fractional share positions.