Form 4: Cristina Gabriela Bita Reports Changes in Prologis Beneficial Ownership

Director Cristina Gabriela Bita reports acquisition and disposal of Dividend Equivalent Units (DEUs) and phantom shares related to Prologis' Nonqualified Deferred Compensation Plan.

Summary

• Cristina Gabriela Bita, a director at Prologis, reported changes in her beneficial ownership of derivative securities.
• The transactions involved the acquisition and disposal of Dividend Equivalent Units (DEUs) and phantom shares under the company's Nonqualified Deferred Compensation Plan (NQDC Plan).
• On March 29, 2024, Bita acquired 37.9069 DEUs related to Deferred Stock Units (DSUs), 21.6556 DEUs related to director fees, and 230 phantom shares, all under the NQDC Plan.
• Also on March 29, 2024, Bita disposed of 5,179.8292 DEUs and 3,681.147 phantom shares.
• These DEUs and phantom shares are payable in Prologis common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing transactions related to director compensation. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and compensation plans, common in publicly traded companies like Prologis.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders due to the changes in beneficial ownership, but the overall effect is likely insignificant.

Key Dates