Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Nov 21, 2025
Reporting period
Not applicable
Filed with the SEC
Nov 26, 2025
CEOOption exercise
Context
Classification
option exercise
Code M — exercise or conversion of a derivative security
Planned / mechanical clue
Footnote references vesting of compensation awards
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001581342-25-000010
Filed / recorded
Nov 26, 2025, 12:24 AM UTC
Added to OQRO
Oct 6, 2026, 8:46 PM UTC
Parser
form4-xml-v2
Data quality
Verified: identifiers matched exactly
Issuer
Rexford Industrial Realty, Inc.
Issuer CIK
1571283
Ticker
REXR
Reporting person
Michael S. Frankel
Relationship
Director, Officer
Officer title
Co-CEO, Co-President
Security
Performance Units
Table
Derivative (Table II)
Transaction date
Nov 21, 2025
Transaction code
M
Shares / units
80,250
Price per share
$0.00
Acquired / disposed
Disposed (D)
Shares owned after
532,871
Ownership form
Direct
Amendment
No
Footnotes from the filing
Performance Units are a class of limited partnership units in Operating Partnership. Initially, the Performance Units do not have full parity with OP Units with respect to liquidating distributions. However, upon the occurrence of certain events described in the Operating Partnership's partnership agreement, the Performance Units can over time achieve full parity with the OP Units for all purposes. If such parity is reached, vested Performance Units may be converted into an equal number of OP Units on a one for one basis at any time at the request of the Reporting Person or the general partner of the Operating Partnership. OP Units are redeemable by the holder for an equivalent number of shares of the Issuer's common stock or for the cash value of such shares, at the Issuer's election. The 80,250 Performance Units referred to herein have vested and reached such parity.
Reflects the conversion of 80,250 vested Performance Units into 80,250 OP Units.