LXP Industrial Trust 8-K Report: Key Insights on Stock Structure & Market Positioning

Based on the extracted XML data from the financial report, here are the key pieces of information and insights:

1. Entity Information:

• Company Name: LXP Industrial Trust
• SEC CIK Number: 0000910108
• Address: 515 N Flagler Dr, Suite 408, West Palm Beach, FL 33401
• Phone Number: 212-692-7200

2. Filing Type:

• Form Type: 8-K (Current Report)
• Filing Date: February 13, 2025

3. Stock Information:

• Class of Shares: Shares of beneficial interest classified as Common Stock
• Preferred Stock: 6.50% Series C Cumulative Convertible Preferred Stock
• Par Value: $0.0001 per share for both Common and Preferred Stocks

4. Exchange Listings:

• Common Stock Ticker: LXP (listed on NYSE)
• Preferred Stock Ticker: LXPPRC (listed on NYSE)

5. Contextual Information:

• The report provides a snapshot of the company's stock structure and classifications as of the specified date (February 13, 2025).
• It includes explicit classifications for both common and preferred stock under the US GAAP framework.

Insights:

• The company is listed on the NYSE, which provides credibility and visibility in the market.
• The presence of a Series C Cumulative Convertible Preferred Stock indicates that the company is using a hybrid capital structure, potentially appealing to investors seeking fixed income with the option to convert to common equity.
• The low par value of the shares suggests a potentially high volume of shares outstanding, which could affect liquidity and market capitalization.
• The filing type (8-K) indicates that this report may contain significant events or changes affecting the company, which investors should monitor closely.

In summary, this report offers insights into LXP Industrial Trust's capital structure, market positioning, and important financial metrics as of a specific date, which is crucial for stakeholders and investors.