Form 4: Prologis Director Lyons III Reports Changes in Beneficial Ownership

Director Irving F. Lyons III reports acquisition and disposal of Dividend Equivalent Units (DEUs) related to deferred stock units.

Summary

• Irving F. Lyons III, a director of Prologis, Inc., filed a Form 4 on April 02, 2025, reporting changes in beneficial ownership.
• The transactions involve Dividend Equivalent Units (DEUs) earned on Deferred Stock Units (DSUs).
• These DSUs are associated with both previous and current service on the board.
• On March 31, 2025, Lyons acquired 93.3847 DEUs related to previous service and 265.4698 DEUs related to current service.
• Lyons also disposed of 10,429.4924 DEUs related to previous service and 29,648.5271 DEUs related to current service.
• The DEUs accrue on outstanding DSUs at the Prologis common stock dividend rate and are paid in the form of Prologis common stock at a rate of one common share per DSU or DEU.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Future Outlook

The receipt of DEUs is deferred along with the underlying DSUs, and they are paid in the form of Prologis common stock.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their transactions in company stock and related instruments.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the director's holdings and transactions.
• The transactions do not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, Beneficial Ownership, Dividend Equivalent Units, Deferred Stock Units, Prologis, Director, Lyons III