secwatch.observer — SEC 8-K summary
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Issuer:     LXP Industrial Trust (LXP)
CIK:        0000910108
Form:       8-K
Filed at:   2025-03-03T23:59:59+00:00
Accession:  0001444838-25-000026
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nathan Brunner appointed CFO of LXP Industrial Trust, replacing Beth Boulerice
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- Effective March 1, 2025, Brunner assumed roles of EVP, CFO and Treasurer; Boulerice remains as advisory EVP.
- Brunner's base salary is $500,000; he received a $250,000 cash bonus and 150,000 nonvested shares vesting over three years.
- Guaranteed FY2024 cash incentive of $485,000; actual award $504,804, with $101,850 payable in March 2025.
- Brunner is eligible for two-times severance multiple under LXP's Executive Severance Plan for termination without cause.
- Previously EVP of Capital Markets since Sept 2024; prior 14 years at J.P. Morgan as Managing Director in Real Estate IB.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910108/000144483825000026/0001444838-25-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910108/000144483825000026/lxp-20250303.htm
  HTML page:      https://secwatch.observer/filing/0001444838-25-000026

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