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  4. [Form 4] Rexford Industrial Realty, Inc. Insider Trading Activity

Rexford Industrial Realty, Inc. (REXR) GC receives 14,913 LTIP Units

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

Rhea-AI Filing Summary

Rexford Industrial Realty, Inc. disclosed that its General Counsel & Secretary, David E. Lanzer, received an equity-based award of 14,913 LTIP Units in Rexford Industrial Realty, L.P. on December 19, 2025. These LTIP Units are a class of limited partnership units that can, over time and upon certain conditions in the partnership agreement, reach parity with common limited partnership units (OP Units).

Once parity is achieved and the LTIP Units are vested, they may be converted into an equal number of OP Units on a one-for-one basis, which are redeemable for an equivalent number of shares of Rexford Industrial Realty, Inc. common stock or cash at the company’s election. The LTIP Units granted under the 2013 Incentive Award Plan vest in three equal installments on December 19 of 2026, 2027 and 2028, with potential earlier vesting in specified termination or change-of-control situations. Following this grant, Lanzer beneficially owns 65,245 derivative securities and also holds 16,798 Performance Units in the operating partnership.

Positive

  • None.

Negative

  • None.
Insider Lanzer David E.
Role General Counsel & Secretary
Type Security Shares Price Value
Grant/Award LTIP Units 14,913 $0.00 --
Holdings After Transaction: LTIP Units — 65,245 shares (Direct)
Footnotes (1)
  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 or for the cash value of such shares, at the Issuer's election. (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, will vest 1/3 in equal installments on December 19 of 2026, 2027 and 2028, subject to earlier vesting upon certain terminations of the Reporting Person's employment or a change of control of the Issuer, in each case as described in the award agreement. The Reporting Person also owns 16,798 Performance Units, a class of limited partnership units in the Operating Partnership.
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*
Lanzer David E.
(Last) (First) (Middle)
11620 WILSHIRE BLVD., 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)
Director 10% Owner
X Officer (give title below) Other (specify below)
General Counsel & Secretary
3. Date of Earliest Transaction (Month/Day/Year)
12/19/2025
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
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) (1)(2) 12/19/2025 A 14,913 (1)(2) (1)(2) Common Stock, par value $0.01 14,913 (1)(2) 65,245(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 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, will vest 1/3 in equal installments on December 19 of 2026, 2027 and 2028, subject to earlier vesting upon certain terminations of the Reporting Person's employment or a change of control of the Issuer, in each case as described in the award agreement.
3. The Reporting Person also owns 16,798 Performance Units, a class of limited partnership units in the Operating Partnership.
Remarks:
/s/ David E. Lanzer 12/23/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Rexford Industrial Realty, Inc. (REXR) report?

The company reported that its General Counsel & Secretary, David E. Lanzer, received an award of 14,913 LTIP Units in Rexford Industrial Realty, L.P. on December 19, 2025.

What are LTIP Units mentioned in the Rexford Industrial (REXR) Form 4?

LTIP Units are a class of limited partnership units in Rexford Industrial Realty, L.P. that initially do not have full parity with common OP Units for liquidating distributions but can achieve full parity over time under conditions in the partnership agreement.

How can the LTIP Units convert into Rexford Industrial common stock?

Once parity is reached and the LTIP Units are vested, they may be converted into an equal number of OP Units on a one-for-one basis. OP Units are redeemable for an equivalent number of Rexford Industrial common shares or for the cash value of those shares, at the company’s election.

What is the vesting schedule for the 14,913 LTIP Units granted to David E. Lanzer?

The LTIP Units granted under the 2013 Incentive Award Plan vest in three equal installments of one-third each on December 19, 2026, December 19, 2027 and December 19, 2028, with potential earlier vesting on certain employment terminations or a change of control.

How many derivative securities does the reporting person own after this LTIP grant?

After the reported transaction, David E. Lanzer beneficially owns 65,245 derivative securities and also holds 16,798 Performance Units, which are another class of limited partnership units in the operating partnership.

Who is the reporting person and what is their role at Rexford Industrial (REXR)?

The reporting person is David E. Lanzer, who serves as an officer of Rexford Industrial Realty, Inc., holding the titles of General Counsel & Secretary.