Johnson Derrick L 4

What Happened
Derrick L. Johnson, a director of LXP Industrial Trust (LXP), received an award of 631 common shares on July 1, 2026. The shares were recorded at $51.46 each for a total value of approximately $32,473. This was an award/compensation grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-07-01 — 631 shares @ $51.46 = $32,473 (award/grant).
• Filing date: 2026-07-06 (filed five days after the transaction; Form 4s are normally due within two business days, so this appears to be late).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes from the Form 4:
  • F1: Quarterly trustee fees issued at the average closing price over the quarter.
  • F2: Correction to a prior Form 4 that overstated dividend reinvestment shares by 338.80882 common shares; includes 153.96852 common shares issued under the company's dividend reinvestment plan since the last Form 4.
• Transaction type: Award/compensation (code A); no exercise, sale, gift, or tax-withholding event reported here.

Context
This transaction reflects routine director compensation (quarterly trustee fees) issued in shares rather than an open-market purchase. Such awards are common and typically part of regular pay for board service; they do not necessarily indicate the director's personal buying or selling sentiment. The filing also corrects prior dividend reinvestment reporting, per the footnote.