Form 4: Prologis Director George L. Fotiades Reports Acquisition of Deferred Stock Units

Director George L. Fotiades reports acquisition of 2,080 Deferred Stock Units (DSUs) in Prologis, Inc.

Summary

• On May 9, 2024, George L. Fotiades, a director of Prologis, Inc., acquired 2,080 Deferred Stock Units (DSUs).
• These DSUs vest on the earlier of May 9, 2025, or the first annual meeting of stockholders after the grant date.
• The DSUs are deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan until May 9, 2027.
• Each DSU and accrued dividend equivalent units (DEUs) are convertible into one share of Prologis common stock.
• Following the transaction, Fotiades beneficially owns 42,447.5211 DSUs and DEUs.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.

Future Outlook

The DSUs will vest on the earlier of May 9, 2025, or the first annual meeting of the stockholders of Prologis that occurs after the grant date, and generally, are deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan until May 9, 2027.

Industry Context

This filing is a routine disclosure of a director's acquisition of deferred stock units, a common form of executive compensation in publicly traded companies.

Stakeholder Impact

• The acquisition of DSUs by a director aligns their interests with those of the shareholders.

Key Dates