LXP Industrial Trust, a Maryland real estate investment trust, filed Post-Effective Amendments to four Form S-8 registration statements on November 2, 2026, to deregister all unsold or unissued common shares across its equity award plans following the completion of its merger with entities affiliated with Leopard REIT LLC.

Key Highlights

  • Four registration statements terminated: Post-Effective Amendments were filed against Registration Nos. 333-85625, 333-102232, 333-266016, and 333-288228.
  • Merger completed November 2, 2026: LXP Industrial Trust merged with and into Leopard Merger Sub LLC, a wholly owned indirect subsidiary of Leopard REIT LLC, under a Merger Agreement dated July 19, 2026.
  • Successive merger: Following the initial merger, the surviving entity merged into Leopard Intermediate LLC, which became the Surviving Entity and sole member held by Parent.
  • Shares deregistered across five plans: Plans covered include the 1993 Stock Option Plan, 1998 Share Option Plan, Amended and Restated 2002 Equity-Based Award Plan, Amended and Restated 2011 Equity-Based Award Plan, and the 2022 Equity-Based Award Plan (including its 2025 amendment).
  • Total shares originally registered: The four registration statements collectively covered 1,600,000 shares (No. 333-85625), 800,000 shares (No. 333-102232), 6,070,924 shares (No. 333-266016), and 5,000,000 shares (No. 333-288228).
  • Signed by Leopard Intermediate LLC: Gautam Huded, Executive Vice President, signed the amendments as successor by merger to LXP Industrial Trust, in Atlanta, Georgia.

LXP Industrial Trust Closes Leopard Mergers and Terminates Equity Plan Registrations

LXP Industrial Trust, formerly known as Lexington Realty Trust and, prior thereto, Lexington Corporate Properties Trust, was organized as a Maryland real estate investment trust. According to the filing, the company completed the transactions contemplated by the Agreement and Plan of Merger, dated as of July 19, 2026, on November 2, 2026. Under that agreement, LXP Industrial Trust merged with and into Leopard Merger Sub LLC, a Maryland limited liability company and wholly owned indirect subsidiary of Leopard REIT LLC, a Delaware limited liability company. Leopard Merger Sub LLC was designated the Initial Surviving Entity.

The filing further discloses that on the same date, and following the effective time of the first merger, the Initial Surviving Entity merged with and into Leopard Intermediate LLC, a Delaware limited liability company and wholly owned subsidiary of Leopard REIT LLC, referred to in the filing as Parent. Leopard Intermediate LLC became the Surviving Entity, and as a result of both mergers, Parent became its sole member. Leopard Intermediate LLC, acting as successor by merger to LXP Industrial Trust, signed and submitted the Post-Effective Amendments.

As a consequence of the completed mergers, the registrant disclosed that it "has terminated any and all offerings of its securities pursuant to the Registration Statements." The filing states that, in accordance with undertakings made in each original registration statement to remove unsold or unissued securities by post-effective amendment at the termination of an offering, all remaining registered but unsold or unissued common shares of beneficial interest, par value $0.0001 per share, are hereby removed from registration. The earliest of the four statements, No. 333-85625, was originally filed with the SEC on August 20, 1999, covering shares under two option plans. The most recent, No. 333-288228, was filed on June 23, 2025, covering 5,000,000 shares under the 2022 Equity-Based Award Plan, as amended.

What Was Disclosed

LXP Industrial Trust filed Post-Effective Amendments on November 2, 2026, to deregister all unsold equity plan shares under four S-8 registration statements. The action followed the completion of two successive mergers that resulted in Leopard Intermediate LLC surviving as the successor entity under Leopard REIT LLC.