Form 4: Prologis Director Guy Metcalfe Receives DSU Grant

Director Guy A. Metcalfe was granted 1,695 deferred stock units as part of standard director compensation.

Summary

• Director Guy A. Metcalfe received a grant of 1,695 Deferred Stock Units (DSUs) on April 28, 2026.
• The DSUs vest on the earlier of the first anniversary of the grant or the next annual stockholders meeting.
• The units are deferred under the company's Nonqualified Deferred Compensation Plan until April 28, 2029.
• The grant is part of standard equity-based compensation for board members.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine disclosure of director compensation that has no material impact on the company's financial outlook.

Positives

• Aligns director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified; this is a routine compensatory filing.

Risks

• None identified; this is a routine compensatory filing.

Future Outlook

The filing does not provide forward-looking financial guidance, as it is a disclosure of director compensation.

Industry Context

StockSavvy.ai notes that this is a standard administrative filing for a REIT director, reflecting typical corporate governance practices regarding board compensation.

Comparison to Industry Standards

• The grant of deferred stock units is consistent with standard compensation practices for directors at large-cap REITs like Prologis, Equinix, and Public Storage.

Corporate Governance

Stakeholder Impact

• Minimal impact on shareholders as this is a standard component of director compensation packages.

Next Steps

• Vesting of the 1,695 DSUs on the earlier of the first anniversary or the next annual meeting.

Key Dates

Keywords

Prologis, PLD, Director Compensation, Deferred Stock Units, Insider Transaction, Form 4