Rexford (REXR) Co-CEO Schwimmer awarded 61,058 fully vested LTIP Units

Rhea-AI Filing Summary

Rexford Industrial Realty, Inc. director and Co-CEO Howard Schwimmer received a grant of 61,058 LTIP Units on February 19, 2026 at a stated price of $0.0000 per unit. Following this award, he holds 812,077 LTIP Units directly.

The LTIP Units are limited partnership units in Rexford Industrial Realty, L.P. that can, after certain conditions are met, achieve parity with OP Units and then convert one-for-one into OP Units, which are redeemable for an equal number of common shares or their cash value at the issuer’s election.

He also owns 657,712 Performance Units, 119,320 OP Units and 624,194 common shares, with portions of the OP Units and shares held in family trusts where he serves as trustee and disclaims beneficial ownership beyond his pecuniary interest.

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

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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^*

Schwimmer Howard

(Last) (First) (Middle)

11620 WILSHIRE BOULEVARD, SUITE 1000

(Street)

LOS ANGELES CA 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-CEO, Co-President

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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

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
LTIP Units(1)(2)	(1)(2)	02/19/2026		A		61,058		(1)(2)	(1)(2)	Common Stock, par value $0.01	61,058	(1)(2)	812,077(3)	D

Explanation of Responses:

1. LTIP Units are a class of limited partnership units in Rexford Industrial Realty, L.P. (the "Operating Partnership"). Initially, the LTIP 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 LTIP Units can over time achieve full parity with the OP Units for all purposes. If such parity is reached, vested LTIP 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. (Continued from Footnote 1) The LTIP Units issued pursuant to the Third Amended and Restated Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. 2013 Incentive Award Plan are fully vested and nonforfeitable as of February 19, 2026.

3. The Reporting Person also owns the following securities: (i) 657,712 Performance Units, a class of limited partnership units in the Operating Partnership, (ii) 119,320 OP Units, of which 935 OP Units are held by the Schwimmer Living Trust dated December 14, 2001 (the "Living Trust") of which the Reporting Person is a trustee, and of which 42,002 OP Units are held by the Schwimmer Family Irrevocable Trust (the "Family Trust") of which the Reporting Person is a trustee, and (iii) 624,194 Shares, of which 13,575 Shares are held by the Family Trust of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of the OP Units and Shares held by the Living Trust and the Family Trust, except to the extent of his pecuniary interest therein.

Remarks:

	/s/ Howard Schwimmer	02/23/2026
	** 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).
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FAQ

What insider transaction did Rexford Industrial Realty (REXR) report for Howard Schwimmer?

Rexford Industrial Realty reported that Co-CEO Howard Schwimmer was granted 61,058 LTIP Units on February 19, 2026 at a stated price of $0.0000 per unit. After this equity award, he directly holds a total of 812,077 LTIP Units in the operating partnership.

What are LTIP Units in Rexford Industrial Realty (REXR) and how can they convert?

LTIP Units are a class of limited partnership units in Rexford Industrial Realty, L.P. that initially lack full parity with OP Units. After specified events in the partnership agreement, vested LTIP Units can reach parity and convert one-for-one into OP Units, which may be redeemed for common shares or cash.

When do the newly granted LTIP Units to Howard Schwimmer at Rexford (REXR) vest?

The LTIP Units granted to Howard Schwimmer under the Third Amended and Restated 2013 Incentive Award Plan are fully vested and nonforfeitable as of February 19, 2026. This means there are no further service or performance conditions required for him to retain these units.

What other equity interests does Howard Schwimmer hold in Rexford Industrial Realty (REXR)?

Beyond the LTIP Units, Howard Schwimmer holds 657,712 Performance Units, 119,320 OP Units and 624,194 common shares. Portions of the OP Units and shares are held in Schwimmer family trusts, where he is a trustee and disclaims beneficial ownership except for his pecuniary interest.

How can OP Units related to Rexford Industrial Realty (REXR) be settled for Howard Schwimmer?

OP Units in Rexford Industrial Realty, L.P. are redeemable for an equivalent number of Rexford Industrial Realty, Inc. common shares or their cash value. The issuer chooses whether redemption is satisfied in shares or cash when a holder requests redemption of OP Units.