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AI brief of an SEC Form 8-K · Lexington Realty Trust (LXP)

LXP Industrial Trust completes 1-for-5 reverse share split, effective November 10

Neutral Impact 2 of 5 shareholder Written later

LXP Industrial Trust completed a one-for-five reverse split of its common shares, effective 5:00 p.m. ET on November 10, 2025, reducing outstanding common shares from approximately 295.8 million to approximately 59.2 million. The company said each shareholder's percentage ownership and voting power are unchanged, apart from minor effects of cash paid for fractional shares, and that the trading symbol LXP stays the same under a new CUSIP number.

Key points

  • Reverse split of 1-for-5 effective 5:00 p.m. ET on November 10, 2025; trading on a split-adjusted basis begins November 11, 2025 on the NYSE
  • Outstanding common shares reduced from approximately 295.8 million to approximately 59.2 million
  • Quarterly dividend of $0.14 per share for shareholders of record as of December 31, 2025 becomes $0.70 per share after the split
  • Conversion rate of 6.50% Series C Preferred Stock adjusted from approximately 2.4339 to approximately 0.48678 common shares per preferred share

The filing

CompanyLexington Realty Trust (LXP)
Form8-K, current report
Filed with the SECNov 10, 2025, 5:51 PM ET
Accession number0000910108-25-000074

Items reported: 3.03 Change to Shareholder Rights5.02 Director / Officer Change5.03 Bylaw / Charter Amendment7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 10, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.