Form 4: George L. Fotiades Reports Acquisition of Deferred Stock Units in Prologis, Inc.
SEC Form 4 Filing
Director George L. Fotiades reports the acquisition of 2,275 Deferred Stock Units (DSUs) in Prologis, Inc. on May 8, 2025, vesting on the earlier of the first anniversary of the grant date or the first annual meeting after the grant date, and generally deferred until May 8, 2028.
Summary
- George L. Fotiades, a director of Prologis, Inc., filed a Form 4 on May 9, 2025, reporting a transaction involving Deferred Stock Units (DSUs).
- On May 8, 2025, Fotiades acquired 2,275 DSUs.
- These DSUs vest 100% on the earlier of the first anniversary of the grant date or the first annual meeting of Prologis stockholders after the grant date.
- The DSUs are generally deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan until May 8, 2028.
- DSUs earn dividend equivalent units (DEUs) when dividends are paid on Prologis common stock and have no exercisable or expiration date.
- DSUs and accrued DEUs are convertible into Prologis common stock on a 1-for-1 basis.
- Following the reported transaction, Fotiades beneficially owns 46,195.8391 shares, including DSUs and DEUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Future Outlook
The DSUs vest on the earlier of the first anniversary of the grant date or the first annual meeting of the stockholders of Prologis that occurs after the grant date, and are generally deferred until May 8, 2028.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for publicly traded companies like Prologis. It provides transparency into the holdings and transactions of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of DSU grant and transaction. |
| 05/08/2025 | DSUs vest 100% on the earlier of the first anniversary of the grant date, or the first annual meeting of the stockholders of Prologis that occurs after the grant date. |
| 05/08/2028 | DSUs are generally deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan until this date. |
| 05/09/2025 | Date of Form 4 filing. |
Keywords
Prologis, Fotiades, Deferred Stock Units, DSUs, Form 4, Director, Beneficial Ownership, Dividend Equivalent Units, DEUs, Nonqualified Deferred Compensation Plan
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.