secwatch.observer — SEC 8-K summary
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Issuer:     LXP Industrial Trust (LXP)
CIK:        0000910108
Form:       8-K
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0000910108-25-000074
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.02, 5.03, 8.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LXP Industrial Trust completes 1-for-5 reverse stock split, shares reduced to 59.2M
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- Reverse split effective 5:00 p.m. ET on Nov 10, 2025; trading on NYSE begins split-adjusted Nov 11.
- Outstanding common shares reduced from ~295.8M to ~59.2M; proportional ownership unchanged.
- Quarterly dividend adjusted to $0.70 per share (pre-split equivalent $0.14) for record Dec 31, 2025.
- Conversion rate for 6.50% Series C Preferred adjusted to 0.48678 common shares per preferred share.
- Fractional shares paid in cash; CUSIP changed to 529043408; trading symbol remains LXP.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910108/000091010825000074/0000910108-25-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910108/000091010825000074/lxp-20251110.htm
  HTML page:      https://secwatch.observer/filing/0000910108-25-000074

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer