Form 4: Prologis Director Carl B. Webb Reports Changes in Beneficial Ownership Due to Dividend Equivalent Units

Director Carl B. Webb reports changes in beneficial ownership of Prologis, Inc. stock due to the acquisition and disposal of Dividend Equivalent Units (DEUs) and phantom shares under the company's Nonqualified Deferred Compensation Plan.

Summary

• Carl B. Webb, a director at Prologis, Inc., filed a Form 4 on April 02, 2025, reporting changes in beneficial ownership.
• The changes are related to the acquisition and disposal of Dividend Equivalent Units (DEUs) and phantom shares under the Prologis, Inc. Nonqualified Deferred Compensation Plan (NQDC Plan).
• On March 31, 2025, Webb acquired 50.9278 DEUs related to Deferred Stock Units (DSUs) and 227.4152 DEUs related to director fees deferred into phantom shares.
• Additionally, Webb acquired 352 phantom shares representing deferred director fees.
• Webb also disposed of 5,687.7843 DEUs and 25,355.6057 phantom shares.
• The DEUs accrue on outstanding DSUs and phantom shares at the Prologis common stock dividend rate.
• Both DSUs and DEUs are paid in the form of Prologis common stock at a rate of one common share per DSU or DEU.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing detailing transactions related to director compensation. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing reflects the standard operation of Prologis's deferred compensation plan for directors.

Key Dates

Keywords

Form 4, beneficial ownership, Prologis, PLD, Carl B. Webb, Dividend Equivalent Units, DEUs, phantom shares, Nonqualified Deferred Compensation Plan, NQDC Plan, director fees, Deferred Stock Units, DSUs