Form 4: Prologis Executive Joseph Ghazal Reports Stock Transactions
SEC Form 4 Filing
Chief Investment Officer Joseph Ghazal reports the vesting and conversion of restricted stock units into Prologis common stock.
Summary
- Joseph Ghazal, Chief Investment Officer of Prologis, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On May 3, 2025, Ghazal converted 252 Restricted Stock Units (RSUs) into Prologis common stock.
- Ghazal also disposed of 128 shares of common stock to cover tax obligations at a price of $105.41 per share.
- Following these transactions, Ghazal directly owns 8,342 shares of Prologis common stock and 67,523 Restricted Stock Units.
- The RSUs convert into common stock on a 1-for-1 basis upon vesting and have no exercise price or expiration date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| 05/03/2023 | Reporting person was granted 1009 RSUs, vesting in four equal annual installments beginning on the first anniversary of the grant date. |
| 05/03/2025 | Date of transaction: conversion of RSUs to common stock and disposal of shares for tax obligations. |
| 05/06/2025 | Date of Form 4 filing. |
Keywords
Form 4, Prologis, Joseph Ghazal, Restricted Stock Units, Beneficial Ownership, Stock Transactions, Chief Investment Officer
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