Noe Nancy Elizabeth 4
Research Summary
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LXP Industrial (LXP) Director Nancy Noe Receives 631-Share Award
What Happened Nancy Noe, a director of LXP Industrial Trust (LXP), was granted 631 common shares on July 1, 2026 as an award (acquisition) at an attributed price of $51.46 per share, a total value of $32,473. This award represents compensation (quarterly trustee fees) rather than an open-market purchase or sale.
Key Details
- Transaction date and terms: July 1, 2026 — Award/acquisition of 631 shares at $51.46 per share (total ~$32,473).
- Shares owned after transaction: Not specified in the filing. (Footnote notes a transfer of 664 common shares from direct to indirect ownership.)
- Footnotes: F1 — quarterly trustee fees are issued at the average closing price over the quarter; F2 — reporting person disclaims ownership except for pecuniary interest and notes 664 shares were transferred from direct to indirect ownership.
- Filing timeliness: Form filed July 6, 2026 (5 calendar days after the transaction). Form 4s are typically due within two business days of the transaction, so this filing appears to have been submitted late.
Context This was an award of shares as compensation (routine trustee fees), which is typically a routine administrative/compensation transaction rather than a direct market sentiment signal. The footnote about transferring 664 shares from direct to indirect ownership affects how ownership is held but does not, by itself, indicate a change in total beneficial ownership disclosed.