Company: LXP
Filing Date: 2025-11-12
Form Type: 8-K
Source: 0000910108-25-000074
Chunk: 1

Company: LXP Industrial Trust
Filing Date: 2025-11-12
Form: 8-K
Item: Item 5.02
Chunk 1
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Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements Of Certain Officers.

The Board of Trustees of LXP Industrial Trust (the "Trust"), including all of the members of the Compensation Committee, approved an amendment (the “ Plan Amendment”) to the LXP Industrial Trust 2022 Equity-Based Award Plan (the “ Plan”), effective November 10, 2025. The Plan Amendment ratably adjusted the aggregate number of shares of beneficial interest of the Trust, par value $0.0001 per share, classified as "common stock" (the "Common Shares") issuable under the Plan to reflect a one-for-five reverse share split of the outstanding Common Shares (the "Reverse Split"). Equity and equity-based awards outstanding under the Plan have also been ratably adjusted to reflect the Reverse Split.

The description of the Plan Amendment contained in this Item 5.02 is qualified in its entirety by reference to the full text of the Plan Amendment, which is filed as Exhibit 10.1 hereto and is incorporated by reference herein.

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.