Company: LXP
Filing Date: 2025-11-12
Form Type: 8-K
Source: 0000910108-25-000074
Chunk: 2

Company: LXP Industrial Trust
Filing Date: 2025-11-12
Form: 8-K
Item: Item 5.03
Chunk 2
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Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

The disclosure set forth under Item 8.01 below is incorporated herein by reference.

Effective as of 5:00 p. m. ET on November 10, 2025 (the "Effective Time"), the Trust amended its Amended and Restated Declaration of Trust pursuant to an Articles of Amendment to the Trust’s Amended and Restated Declaration of Trust (the “ Articles of Amendment”) filed with the State Department of Assessments and Taxation of Maryland. Pursuant to the Articles of Amendment, at the Effective Time, each outstanding Common Share, par value $0.0001 per share, automatically reclassified into 1/5th of a Common Share, par value $0.0001 per share. If the Reverse Split would result in the issuance of a fraction of Common Share, such fractional share shall be rounded down to the nearest full share and the Trust shall pay the holder otherwise entitled to such fraction a sum in cash in an amount equal to the relevant percentage of the amount received per share upon the sale in one or more open market transactions of the aggregate of all such fractional shares. As a result of the Reverse Split, the number of outstanding Common Shares was reduced to approximately 59.2 million shares.

Each shareholder’s percentage ownership in the Trust and proportional voting power remains unchanged after the Reverse Split, except for minor changes resulting from the payment of cash for fractional shares. The rights and privileges of shareholders are unaffected by the Reverse Split. There will be no change to the number of authorized shares of the Trust’s common shares as a result of the Reverse Split. The Trust's trading symbol will remain unchanged, but the CUSIP number for the Trust's registered Common Shares was changed to 529043408.

The foregoing summary of the Articles of Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Articles of Amendment, a copy of which is attached hereto as Exhibit 3.1 and incorporated herein by reference.

Item 7.01 Regulation FD Disclosure.