Noe Nancy Elizabeth 4

What Happened
Nancy Elizabeth Noe, a director of LXP Industrial Trust (LXP), received 664 shares as an award/acquisition on 2026-04-03. The shares were valued at $48.90 each for a total reported value of $32,466. This was an award (code A) rather than an open‑market purchase or sale — typically a form of director compensation (a neutral-to-bullish signal, but primarily routine compensation).

Key Details

• Transaction date and filing date: 2026-04-03 (reported in Form 4 with same period date). Appears timely.
• Price per share: $48.90; Shares awarded: 664; Total value: $32,466.
• Ownership after transaction: the filing does not state a total beneficial holding; footnote notes 678 common shares were transferred from direct to indirect ownership.
• Footnotes: F1 — award reflects quarterly trustee fees issued at the average closing price over the quarter. F2 — reporting person disclaims ownership except to the extent of her pecuniary interest; also documents the 678-share direct→indirect transfer.
• Transaction code: A = award/grant (not a sale or market purchase).

Context
This transaction is a routine director compensation award (quarterly trustee fees) and not an outright market purchase. Footnote disclosures indicate internal reclassification of 678 shares from direct to indirect ownership and a disclaimer of ownership except for pecuniary interest, which affects how beneficial ownership is reported but does not change the fact of the awarded shares.