Rexford Industrial Realty's Chief Financial Officer, Michael Fitzmaurice, completed a personal purchase of common stock on February 27, 2026, acquiring 2,650 shares at $37.55 apiece for a total consideration of $99,507.
The transaction price sits nearly level with the share price of $37.47 quoted contemporaneously. The company is assigned an enterprise valuation of $8.96 billion and yields 4.64% on its dividend, which the company has lifted for 13 consecutive years. According to InvestingPro analysis referenced by the company, the stock is currently trading below its assessed Fair Value.
After this purchase, Fitzmaurice directly holds 14,133 shares of Rexford Industrial Realty, Inc. common stock. In addition to those shares, he retains 19,431 LTIP Units, which are limited partnership units in Rexford Industrial Realty, L.P., the operating partnership affiliated with the issuer. For market participants seeking more detail on valuation metrics and corporate fundamentals, InvestingPro provides additional ProTips and deeper analytical coverage.
Recent operating and financial developments
Rexford reported fourth-quarter 2025 results that fell short of consensus expectations. The company recorded an earnings per share of -$0.30, missing the forecasted EPS of $0.25. Revenue for the quarter totaled $248.1 million, marginally below the anticipated $248.35 million.
During the period the company sold two properties for combined proceeds of $41.2 million. The dispositions comprised a 5.1-acre vacant land parcel in Irwindale and an industrial facility located in Fountain Valley. In parallel with those asset sales, Rexford repurchased $100 million of its common stock.
On the leadership front, Rexford announced a promotion within its executive ranks: John Nahas will assume the role of Chief Operating Officer effective April 2026. The move is described as aligning with Laura Clark’s forthcoming elevation to Chief Executive Officer.
What the transaction and disclosures show
The insider purchase increases Fitzmaurice’s direct equity stake and is disclosed alongside a set of corporate actions that include property sales, a sizable buyback, and executive succession planning. The company’s reported quarter missed both earnings and revenue expectations by narrow margins, while its balance of shareholder returns and asset dispositions was highlighted in the company’s reporting.
Investors and analysts can consult the InvestingPro platform for supplementary valuation commentary and ProTips related to REXR’s financial position and market valuation.