Compensation award — excluded from discretionary-purchase analysis.
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
Feb 16, 2026
Reporting period
Not applicable
Filed with the SEC
Feb 19, 2026
CEOGrant / award
Context
Classification
grant award
Code A — grant or award
Planned / mechanical clue
Footnote references vesting of compensation awards
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001581342-26-000002
Filed / recorded
Feb 19, 2026, 2:22 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
Feb 16, 2026
Transaction code
A
Shares / units
80,096
Acquired / disposed
Acquired (A)
Shares owned after
612,967
Ownership form
Direct
Amendment
No
Footnotes from the filing
Performance Units are a class of limited partnership units in Rexford Industrial Realty, L.P., the operating partnership of the Issuer (the "Operating Partnership"). Initially, the Performance Units do not have full parity with common limited partnership units of the Operating Partnership ("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 ("Shares") or for the cash value of such Shares, at the Issuer's election.
Reflects Performance Units that were initially granted on November 8, 2022, pursuant to the Second Amended and Restated Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P 2013 Incentive Award Plan, that were subject to performance-based vesting conditions. On December 31, 2025, the measurement period for the performance award ended and on February 16, 2026, the compensation committee of the board of directors certified that 80,096 Performance Units were earned and vested. The number of vested Performance Units reported herein includes 5,775 distribution equivalent units. The vested Performance Units are nonforfeitable as of December 31, 2025.
The Reporting Person also owns 583,538 Shares and 692,933 LTIP Units, a class of limited partnership units in the Operating Partnership.
Rexford Industrial Realty's Chief Operating Officer paid $200K out of pocket for Rexford Industrial Realty shares. 2 other people at Rexford Industrial Realty bought some too, in the same month.
A Rexford Industrial Realty director paid $187K out of pocket for Rexford Industrial Realty shares. 2 other people at Rexford Industrial Realty bought some too, in the same month. The Rexford Industrial Realty shares held grew by 273%.