Form 4: Director Lydia H. Kennard Reports Stock Transactions in Prologis, Inc.
SEC Form 4 Filing
Director Lydia H. Kennard reports the conversion of deferred stock units into common stock of Prologis, Inc.
Summary
- Lydia H. Kennard, a director of Prologis, Inc., reported a transaction involving the conversion of deferred stock units (DSUs) and dividend equivalent units (DEUs) into common stock on May 4, 2025.
- The transaction involved the conversion of 1,617 DSUs and DEUs into 1,617 shares of Prologis common stock.
- Following the transaction, Kennard directly owns 32,429 shares of Prologis common stock and 4,069.8554 Deferred Stock Units and Dividend Equivalent Units-NQDC.
- The DSUs and DEUs were deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (NQDC Plan) and vested on May 4, 2025.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting a standard transaction. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings and transactions of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/04/2022 | Original grant date of Deferred Stock Units (DSUs) and Dividend Equivalent Units (DEUs) under the Prologis, Inc. Nonqualified Deferred Compensation Plan (NQDC Plan). |
| 05/04/2025 | Date of transaction: Conversion of 1,617 Deferred Stock Units (DSUs) and Dividend Equivalent Units (DEUs) into common stock. |
| 05/06/2025 | Date of signature of the Form 4 filing. |
Keywords
Prologis, Director, Stock, Deferred Stock Units, Dividend Equivalent Units, Form 4, PLD, Beneficial Ownership, Transaction
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