Form 4: Prologis Director David P. O'Connor Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director David P. O'Connor reports the acquisition of deferred stock units in Prologis, Inc.
Summary
- David P. O'Connor, a director of Prologis, Inc., filed a Form 4 to report changes in beneficial ownership.
- The report details the acquisition of 2,275 Deferred Stock Units (DSUs) on May 8, 2025.
- These DSUs vest on the earlier of the first anniversary of the grant date or the first annual meeting of stockholders after the grant date, and are generally deferred until May 8, 2028.
- The reporting person directly owns 25,428.5996 Prologis common stock including DSUs and dividend equivalent units (DEUs).
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a standard transaction related to executive compensation. It doesn't indicate positive or negative performance.
Positives
- The acquisition of DSUs by a director signals confidence in the company's future performance.
Future Outlook
The DSUs vest on the earlier of the first anniversary of the grant date or the first annual meeting of stockholders after the grant date, and are generally deferred until May 8, 2028.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The grant of DSUs aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of transaction: Grant of Deferred Stock Units (DSUs) |
| 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, Form 4, Beneficial Ownership, Deferred Stock Units, Director, O'Connor, PLD, SEC
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