Lanzer David E. 4

What Happened David E. Lanzer, General Counsel & Secretary of Rexford Industrial Realty (REXR), was credited with 14,200 Performance Units on February 16, 2026. The filing reports this as an award/acquisition (derivative instrument); no cash price is shown. The compensation committee certified that the performance award payout for the measurement period ending December 31, 2025 resulted in these units vesting and becoming nonforfeitable.

Key Details

• Transaction date: 2026-02-16 (measurement period ended 2025-12-31; certification on 2026-02-16). Price: N/A (award/derivative). Transaction code: A (award/acquisition).
• Units vested: 14,200 Performance Units, which include 1,024 distribution equivalent units.
• Holdings reported after transaction: in addition to the 14,200 vested Performance Units, the reporting person owns 65,245 LTIP Units (a separate class of Operating Partnership units).
• Footnote highlights: Performance Units are limited partnership units in Rexford Industrial Realty, L.P. They can, upon satisfying certain conditions, achieve parity with common OP Units and convert one-for-one to OP Units; OP Units are redeemable for Issuer common shares or cash at the Issuer’s election (see footnotes F1–F3).
• Filing timeliness: Report filed 2026-02-18 for a 2026-02-16 transaction — appears to be timely (Form 4 is generally due within two business days).

Context This was a compensation-related vesting of performance-based partnership units—not an open-market buy or sale. These are derivative partnership units that may convert to operating partnership units and ultimately to Issuer shares or cash under the plan terms; they do not represent an immediate market purchase or sale.