Form 4: LXP Industrial Trust Director Arun Gupta Reports Transaction
SEC Form 4 Filing
Director Arun Gupta reports acquisition and disposal of LXP Industrial Trust common shares on October 3, 2024.
Summary
- On October 3, 2024, Arun Gupta, a director of LXP Industrial Trust, reported a transaction involving the company's common shares.
- Gupta acquired 3,005 common shares at a price of $9.9823 per share.
- Following the reported transaction, Gupta beneficially owns 71,907 common shares.
- The acquisition of shares is related to quarterly trustee fees issued at the average closing price over the quarter.
Sentiment
Score: 5
Explanation: This is a neutral report of a transaction by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 10/03/2024 | Date of transaction: Arun Gupta acquired 3,005 common shares and disposed of some shares. |
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