Form 4: Director Michelle Dilley Acquires STAG Industrial Shares

Director Michelle Dilley acquired 559 shares of STAG Industrial, Inc. as compensation for board services.

Summary

• Director Michelle Dilley received 559 shares of common stock in STAG Industrial, Inc.
• The issuance was made in lieu of quarterly director fees totaling $20,625.
• The shares were valued at $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 14,023 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.

Positives

• Director alignment with shareholder interests through equity-based compensation.
• Demonstrates commitment to the company by accepting stock in lieu of cash fees.

Negatives

• None identified.

Risks

• Market price volatility affecting the value of equity-based compensation.

Future Outlook

Not applicable as this is a routine director compensation disclosure.

Industry Context

StockSavvy.ai notes that it is standard practice for REITs like STAG Industrial to compensate board members with equity to ensure long-term alignment with shareholder value.

Comparison to Industry Standards

• The use of equity-based compensation for directors is consistent with standard corporate governance practices among publicly traded REITs.
• The valuation methodology using a 10-day average is a common mechanism to mitigate short-term price volatility for compensation purposes.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact; represents standard director compensation.

Next Steps

• None.

Key Dates

Keywords

STAG Industrial, STAG, Director Compensation, Insider Transaction, Equity Incentive Plan, Form 4