Form 4: Prologis Director Olivier Piani Reports Changes in Beneficial Ownership

Director Olivier Piani reports acquisition and disposal of Dividend Equivalent Units related to deferred stock units.

Summary

• Olivier Piani, a director of Prologis, Inc., filed a Form 4 with the SEC on April 02, 2025.
• The report details changes in beneficial ownership related to Dividend Equivalent Units (DEUs) earned on Deferred Stock Units (DSUs) under the company's Nonqualified Deferred Compensation Plan (NQDC Plan).
• On March 31, 2025, Piani acquired 50.9278 DEUs and disposed of 5,687.7843 DEUs.
• The DEUs accrue on outstanding DSUs at the Prologis common stock dividend rate and vest on the earlier of the first anniversary of the grant date or the first annual meeting of stockholders after the grant date.
• Both DSUs and DEUs 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 standard regulatory filing, so the sentiment is neutral.

Future Outlook

The document does not contain any specific forward-looking statements.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Prologis. It provides transparency to investors regarding the holdings and transactions of company insiders.

Stakeholder Impact

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

Key Dates

Keywords

Form 4, Prologis, Beneficial Ownership, Olivier Piani, Dividend Equivalent Units, Deferred Stock Units, NQDC Plan, Director