Rexford’s Schwimmer files Form 4: 2,450 OP Units, updated holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rexford Industrial Realty, Inc. (REXR) insider Howard Schwimmer filed a Form 4 reporting a Code G transaction of 2,450 Operating Partnership (OP) Units on November 10, 2025 at $0. Following the transaction, he indirectly beneficially owned 42,937 OP Units, held by the Schwimmer Living Trust (935) and the Schwimmer Family Irrevocable Trust (42,002), with beneficial ownership disclaimed except for any pecuniary interest.
Schwimmer also directly held 76,383 OP Units. Additional holdings include 751,019 LTIP Units, 577,616 Performance Units, and 63,788 shares of common stock (including 13,575 shares held by the Family Trust). OP Units are exchangeable or redeemable on a one-for-one basis into the company’s common stock or cash as described.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,450 shares gifted
Mixed
2 txns
Insider
Schwimmer Howard
Role
Co-CEO, Co-President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Operating Partnership Units | 2,450 | $0.00 | -- |
| holding | Operating Partnership Units | -- | -- | -- |
Holdings After Transaction:
Operating Partnership Units — 42,937 shares (Indirect, See Footnote);
Operating Partnership Units — 76,383 shares (Direct)
Footnotes (1)
- Represents common units of limited partnership interest ("OP Units") in Rexford Industrial Realty, L.P. (the "Operating Partnership"). The Issuer is the general partner of the Operating Partnership. OP Units are redeemable for cash equal to the then-current market value of one share of common stock, or at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are exchangeable for common stock of the Issuer on a one-for-one basis. n/a Represents 935 OP Units held by the Schwimmer Living Trust, for which the Reporting Person is a trustee, and 42,002 OP Units held by the Schwimmer Family Irrevocable Trust (the "Family Trust"), for which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of such OP Units, except to the extent of his pecuniary interest therein. The Reporting Person also owns the following securities: (i) 751,019 LTIP Units, a class of limited partnership units in the Operating Partnership, (ii) 577,616 Performance Units, a class of limited partnership units in the Operating Partnership, and (iii) 63,788 shares of common stock, including 13,575 shares indirectly held by the Family Trust, for which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of the common stock held by the Family Trust, except to the extent of his pecuniary interest therein.
FAQ
What did REXR’s Howard Schwimmer report on Form 4?
He reported a Code G transaction involving 2,450 OP Units on November 10, 2025 at $0.
How many OP Units does Schwimmer hold indirectly after the transaction?
He indirectly beneficially owned 42,937 OP Units, held by two trusts.
How many OP Units does Schwimmer hold directly?
He directly held 76,383 OP Units after the reported transaction.
Can OP Units be converted into REXR common stock?
Yes. OP Units are exchangeable or redeemable on a one-for-one basis for common stock (or cash, as described).
What is Schwimmer’s role at REXR?
He is Co-CEO, Co-President, and a Director of Rexford Industrial Realty, Inc.