Form 4: LXP Industrial Trust Director Noe Acquires and Disposes of Shares in Recent Transaction

Director Nancy Elizabeth Noe reports acquiring and disposing of LXP Industrial Trust common shares on April 2, 2025, including shares acquired as trustee fees and a transfer from direct to indirect ownership.

Summary

• On April 2, 2025, Nancy Elizabeth Noe, a director of LXP Industrial Trust, reported a transaction involving the company's common shares.
• Noe acquired 3,790 common shares at a price of $8.575 per share, which were issued as quarterly trustee fees based on the average closing price over the quarter.
• Additionally, 3,237 common shares were transferred from direct to indirect ownership.
• Noe also reported indirect beneficial ownership of 46,326 common shares held by a trust, but disclaims ownership except to the extent of her pecuniary interest.
• The reporting person disclaims ownership of reported securities except to the extent of her pecuniary interest therein.

Sentiment

Score: 5

Explanation: This is a routine disclosure of insider transactions, neither particularly positive nor negative.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the director's holdings and transactions in the company's stock.

Key Dates

Keywords

LXP Industrial Trust, Director, Nancy Elizabeth Noe, Form 4, Beneficial Ownership, Common Shares, Trustee Fees, Indirect Ownership