Form 4: Prologis Director David P. O'Connor Reports Changes in Beneficial Ownership

Director David P. O'Connor reports acquisition of Dividend Equivalent Units related to deferred stock units.

Summary

• David P. O'Connor, a director at Prologis, Inc., filed a Form 4 detailing changes in beneficial ownership.
• The report indicates the acquisition of 221.8017 Dividend Equivalent Units (DEUs) on March 31, 2025.
• These DEUs are associated with Deferred Stock Units (DSUs) earned through board service and are deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (NQDC Plan).
• DEUs accrue on outstanding DSUs at the Prologis common stock dividend rate.
• Both DEUs and underlying DSUs vest 100% on the earlier of the first anniversary of the grant date or the first annual meeting of stockholders after the grant date.
• The receipt of DEUs is deferred along with the underlying DSUs and are paid in the form of Prologis common stock at a rate of one common share per DSU or DEU.
• Following the reported transaction, O'Connor beneficially owns 24,771.5285 DSUs and DEUs.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding changes in beneficial ownership, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the compensation and equity ownership of a key company director.

Key Dates

Keywords

Form 4, Beneficial Ownership, Dividend Equivalent Units, Deferred Stock Units, Prologis, Director, O'Connor, NQDC Plan