Form 4: Director Jit Kee Chin Increases Stake in STAG Industrial
Statement of Changes in Beneficial Ownership
Director Jit Kee Chin acquired 610 shares of STAG Industrial, Inc. as compensation for board services.
Summary
- Director Jit Kee Chin received 610 shares of common stock on April 15, 2026.
- The shares were issued in lieu of $22,500 in quarterly director fees.
- The issuance price was $36.86 per share, based on the 10-day average closing price ending April 10, 2026.
- Following this transaction, the director's total beneficial ownership is 11,055 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.
Positives
- Director demonstrates alignment with shareholders by accepting equity compensation in lieu of cash fees.
Future Outlook
Not applicable as this is a routine director compensation disclosure.
Industry Context
StockSavvy.ai notes that it is standard practice for REIT directors to receive a portion of their compensation in equity to ensure long-term alignment with shareholder interests.
Comparison to Industry Standards
- The practice of issuing shares in lieu of cash fees is consistent with standard corporate governance practices for publicly traded REITs.
Stakeholder Impact
- Minimal impact on shareholders as the transaction represents standard director compensation.
Key Dates
| Date | Description |
|---|---|
| 2026-04-10 | End of 10-day period used to calculate share price |
| 2026-04-15 | Transaction date of share issuance |
| 2026-04-17 | Filing date of Form 4 |
Keywords
STAG Industrial, Insider Trading, Form 4, Director Compensation, Equity Incentive Plan
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