SCHEDULE: FMR LLC Boosts STAG Industrial Stake to 7.3%

FMR LLC and Abigail P. Johnson have disclosed an amended beneficial ownership of 7.3% in STAG Industrial, Inc. common stock as of June 30, 2025.

Summary

• FMR LLC and Abigail P. Johnson reported beneficial ownership of 13,706,086.66 shares of STAG Industrial, Inc. common stock.
• This represents 7.3% of the total outstanding common stock of STAG Industrial, Inc.
• The filing is an Amendment No. 1 to a Schedule 13G, indicating an update to a previously reported position.
• FMR LLC, a Delaware-organized entity, holds sole voting power over 13,631,287.28 shares and sole dispositive power over 13,706,086.66 shares.
• Abigail P. Johnson, a U.S. citizen, holds sole dispositive power over 13,706,086.66 shares, with no sole or shared voting power directly.
• The shares are held in the ordinary course of business and not for the purpose of changing or influencing control of STAG Industrial, Inc.
• Several FMR LLC subsidiaries, including FIAM LLC, Fidelity Diversifying Solutions LLC, Fidelity Management & Research Company LLC, Fidelity Management Trust Company, and Strategic Advisers LLC, are identified as entities beneficially owning shares.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of beneficial ownership by a large institutional investor, FMR LLC, and its principal, Abigail P. Johnson. It provides factual information about their stake in STAG Industrial, Inc. and does not contain performance-related or forward-looking statements that would indicate a positive or negative sentiment regarding the issuer's operations or prospects.

Positives

• Significant beneficial ownership by FMR LLC, a prominent investment management firm, indicates a notable institutional interest in STAG Industrial, Inc.
• A substantial 7.3% stake is held by FMR LLC and its affiliates, suggesting a long-term investment perspective.

Negatives

• No specific negative factors concerning STAG Industrial, Inc. are disclosed within this beneficial ownership statement.

Risks

• No specific operational or financial risks pertaining to STAG Industrial, Inc. are detailed.

Future Outlook

NA

Management Comments

• The securities referred to were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

Industry Context

This filing reflects a significant institutional investment in STAG Industrial, Inc., a company operating in the industrial real estate sector. Such disclosures are common for large asset managers like FMR LLC, indicating their portfolio allocations within various industry segments.

Comparison to Industry Standards

• This filing is a standard beneficial ownership disclosure (Schedule 13G) by a large institutional investor. It does not provide specific operational or financial results for STAG Industrial, Inc. that would allow for a direct comparison to industry-specific benchmarks or competitor performance. The focus is solely on the ownership stake held by FMR LLC and its affiliates.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake by FMR LLC may be viewed positively by other shareholders as it signals confidence from a major investor.
• Investment Community: Provides transparency regarding a large institutional holding, which is crucial for market analysis and investment decisions.

Key Dates

Keywords

STAG Industrial, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Investor, SEC Filing, Investment Adviser, Parent Holding Company