LXP Industrial Trust, now succeeded by Leopard Intermediate LLC following the completion of a merger on November 2, 2026, filed Post-Effective Amendments to four Form S-8 registration statements to deregister all remaining unsold or unissued common shares previously registered under its equity-based award plans.

Key Highlights

  • Merger completed: On November 2, 2026, LXP Industrial Trust merged with Leopard Merger Sub LLC, with the resulting entity subsequently merging into Leopard Intermediate LLC, making Parent the sole member of the surviving entity.
  • Four registration statements terminated: Post-effective amendments were filed against Registration Nos. 333-85625, 333-102232, 333-266016, and 333-288228, covering plans dating back to 1993.
  • Shares covered: The four registration statements collectively covered 1,600,000 shares (Nos. 333-85625), 800,000 shares (No. 333-102232), 6,070,924 shares (No. 333-266016), and 5,000,000 shares (No. 333-288228).
  • Merger Agreement date: The Agreement and Plan of Merger was dated July 19, 2026, among LXP Industrial Trust, Leopard REIT LLC, and Leopard Merger Sub LLC.
  • Signing authority: The amendments were signed by Gautam Huded, Executive Vice President, on behalf of Leopard Intermediate LLC as successor by merger to LXP Industrial Trust, in Atlanta, Georgia.

LXP Industrial Trust Closes Equity Plan Registrations Following Completed Merger

According to the filing, LXP Industrial Trust, a Maryland real estate investment trust formerly known as Lexington Realty Trust and, prior to that, Lexington Corporate Properties Trust, completed the merger transactions contemplated by the Agreement and Plan of Merger on November 2, 2026. Under that agreement, the registrant merged with and into Leopard Merger Sub LLC, a Maryland limited liability company and wholly owned indirect subsidiary of Leopard REIT LLC ("Parent"), with Leopard Merger Sub LLC serving as the initial surviving entity. The filing further discloses that, also on November 2, 2026, the initial surviving entity merged with and into Leopard Intermediate LLC, a Delaware limited liability company and wholly owned subsidiary of Parent, which became the surviving entity. As a result, Parent became the sole member of the surviving entity.

The filing states that as a result of those mergers, the registrant terminated any and all offerings of its securities under the four registration statements at issue. The four statements covered the Lexington Corporate Properties Trust 1993 Stock Option Plan and 1998 Share Option Plan (Registration No. 333-85625, filed August 20, 1999), the Lexington Corporate Properties Trust Amended and Restated 2002 Equity-Based Award Plan (Registration No. 333-102232, filed December 27, 2002), the LXP Industrial Trust 2022 Equity-Based Award Plan (Registration No. 333-266016, filed July 5, 2022), and the LXP Industrial Trust 2022 Equity-Based Award Plan, as amended (Registration No. 333-288228, filed June 23, 2025).

The registrant disclosed that it is acting on an undertaking made in each registration statement "to remove from registration, by means of post-effective amendment, any securities that had been registered for issuance but remain unsold or otherwise unissued at the termination of the offering." The post-effective amendments were executed and filed on November 2, 2026, in Atlanta, Georgia, by Gautam Huded, Executive Vice President of Leopard Intermediate LLC, as successor by merger to LXP Industrial Trust.

What Was Disclosed

LXP Industrial Trust, through its successor Leopard Intermediate LLC, filed post-effective amendments on November 2, 2026, to terminate and deregister all remaining unsold or unissued shares under four Form S-8 equity plan registration statements, following the completion of the merger described in the filing.