14,200 Rexford (NYSE: REXR) performance units vest for general counsel

(Neutral)

Form Type

Rhea-AI Filing Summary

Rexford Industrial Realty, Inc. reported that General Counsel & Secretary David E. Lanzer acquired 14,200 Performance Units as a grant/award on February 16, 2026. These units relate to a performance award initially granted on November 8, 2022 and became earned and vested after the performance measurement period ended on December 31, 2025.

The 14,200 vested Performance Units include 1,024 distribution equivalent units and are nonforfeitable as of December 31, 2025. Following this acquisition, Lanzer directly holds 30,998 Performance Units and also owns 65,245 LTIP Units in the operating partnership, which can ultimately be settled in Rexford common stock or cash at the issuer’s election.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lanzer David E.

Role General Counsel & Secretary

Type	Security	Shares	Price	Value
Grant/Award	Performance Units	14,200	$0.00	$0.00

Holdings After Transaction: Performance Units — 30,998 shares (Direct)

Footnotes (3)

F1. Performance Units are a class of limited partnership units in Rexford Industrial Realty, L.P., the operating partnership of the Issuer (the "Operating Partnership"). Initially, the Performance Units do not have full parity with common limited partnership units of the Operating Partnership ("OP Units") with respect to liquidating distributions. However, upon the occurrence of certain events described in the Operating Partnership's partnership agreement, the Performance Units can over time achieve full parity with the OP Units for all purposes. If such parity is reached, vested Performance Units may be converted into an equal number of OP Units on a one for one basis at any time at the request of the Reporting Person or the general partner of the Operating Partnership. OP Units are redeemable by the holder for an equivalent number of shares of the Issuer's common stock ("Shares") or for the cash value of such Shares, at the Issuer's election.
F2. Reflects Performance Units that were initially granted on November 8, 2022, pursuant to the Second Amended and Restated Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P 2013 Incentive Award Plan, that were subject to performance-based vesting conditions. On December 31, 2025, the measurement period for the performance award ended and on February 16, 2026, the compensation committee of the board of directors certified that 14,200 Performance Units were earned and vested. The number of vested Performance Units reported herein includes 1,024 distribution equivalent units. The vested Performance Units are nonforfeitable as of December 31, 2025.
F3. The Reporting Person also owns 65,245 LTIP Units, a class of limited partnership units in the Operating Partnership.

FAQ

What insider transaction did Rexford Industrial (REXR) report for David E. Lanzer?

Rexford Industrial reported that David E. Lanzer acquired 14,200 Performance Units. The grant reflects earned and vested units from a 2022 performance award, certified on February 16, 2026, after the measurement period ended on December 31, 2025.

What are the 14,200 Performance Units reported in the Rexford (REXR) Form 4?

The 14,200 Performance Units are limited partnership units tied to a performance award. They were initially granted in 2022, became earned after a performance measurement period through December 31, 2025, and include 1,024 distribution equivalent units that are now vested and nonforfeitable.

When did the Rexford (REXR) performance award for David E. Lanzer vest?

The performance award measurement period ended on December 31, 2025, and vesting was certified on February 16, 2026. At that time, the compensation committee confirmed that 14,200 Performance Units, including distribution equivalents, were earned and vested for Lanzer.

How many Performance Units does David E. Lanzer hold after this Rexford (REXR) transaction?

After the transaction, David E. Lanzer directly holds 30,998 Performance Units. These units come from performance-based equity awards in the operating partnership and may ultimately be convertible into OP Units and then redeemable for Rexford common stock or cash.

What additional equity interests in Rexford’s operating partnership does David E. Lanzer own?

Beyond Performance Units, David E. Lanzer also owns 65,245 LTIP Units. LTIP Units are another class of limited partnership units in Rexford Industrial Realty, L.P., the operating partnership, and can be redeemable for Rexford common stock or cash under the partnership agreement’s terms.

Do the Rexford (REXR) Performance Units reported for David E. Lanzer have parity with OP Units?

The Performance Units do not initially have full parity with OP Units but can achieve it over time. Upon certain events described in the partnership agreement, vested Performance Units may reach full parity and then be convertible one-for-one into OP Units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/18/2026 - 09:21 PM

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^*

Lanzer David E.

(Last)

(First)

(Middle)

11620 WILSHIRE BLVD., SUITE 1000

(Street)

LOS ANGELES

90025

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Rexford Industrial Realty, Inc. [ REXR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	General Counsel & Secretary

3. Date of Earliest Transaction (Month/Day/Year)
02/16/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Performance Units⁽¹⁾	⁽¹⁾	02/16/2026		A		14,200⁽²⁾		⁽¹⁾⁽²⁾	⁽¹⁾⁽²⁾	Common Stock, par value $0.01	14,200	⁽¹⁾⁽²⁾	30,998⁽³⁾	D

Explanation of Responses:

1. Performance Units are a class of limited partnership units in Rexford Industrial Realty, L.P., the operating partnership of the Issuer (the "Operating Partnership"). Initially, the Performance Units do not have full parity with common limited partnership units of the Operating Partnership ("OP Units") with respect to liquidating distributions. However, upon the occurrence of certain events described in the Operating Partnership's partnership agreement, the Performance Units can over time achieve full parity with the OP Units for all purposes. If such parity is reached, vested Performance Units may be converted into an equal number of OP Units on a one for one basis at any time at the request of the Reporting Person or the general partner of the Operating Partnership. OP Units are redeemable by the holder for an equivalent number of shares of the Issuer's common stock ("Shares") or for the cash value of such Shares, at the Issuer's election.

2. Reflects Performance Units that were initially granted on November 8, 2022, pursuant to the Second Amended and Restated Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P 2013 Incentive Award Plan, that were subject to performance-based vesting conditions. On December 31, 2025, the measurement period for the performance award ended and on February 16, 2026, the compensation committee of the board of directors certified that 14,200 Performance Units were earned and vested. The number of vested Performance Units reported herein includes 1,024 distribution equivalent units. The vested Performance Units are nonforfeitable as of December 31, 2025.

3. The Reporting Person also owns 65,245 LTIP Units, a class of limited partnership units in the Operating Partnership.

Remarks:

	/s/ David E. Lanzer	02/18/2026
	** 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