LXP Industrial Trust·4/A

Apr 3, 2:44 PM ET

Brunner Nathan 4/A

Research Summary

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LXP Industrial CFO Nathan Brunner Exercises Options; Shares Withheld for Taxes

What Happened

  • Nathan Brunner, EVP, Chief Financial Officer and Treasurer of LXP Industrial Trust (LXP), had 4,074 shares withheld on January 2, 2026 to satisfy a tax liability related to an equity award or option exercise. The shares were withheld/disposed at $49.58 per share for a total value of $201,989. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

  • Transaction date: 2026-01-02
  • Amended filing date: 2026-04-03 (this Form 4 is an amendment)
  • Transaction code: F — payment of exercise price or tax liability (shares withheld)
  • Shares withheld/disposed: 4,074 at $49.58 each = $201,989
  • Shares owned after transaction: Not disclosed in the provided filing
  • Notable footnotes: None disclosed in this amendment
  • Timeliness: This is an amended Form 4 filed ~3 months after the transaction; the amendment corrects or updates the original filing (original filing details not provided here)

Context

  • Transaction code F typically means the insider satisfied tax withholding obligations by surrendering shares (a cashless-withholding method) following an option exercise or vesting of restricted stock units. Such withholdings are routine and do not necessarily indicate a decision to sell shares on the open market or a change in insider sentiment.