Form 4: STAG Director Weger Acquires Shares as Compensation

STAG Industrial Director Hans S. Weger acquired 434 shares of common stock on January 15, 2026, as part of his quarterly director fees.

Summary

• Director Hans S. Weger acquired 434 shares of STAG Industrial, Inc. common stock.
• The transaction occurred on January 15, 2026.
• Shares were valued at $37.36 each, based on the average closing price for the 10-day period ending January 12, 2026.
• The acquisition was in lieu of quarterly fees totaling $16,250 for his services as a director, under the company's 2011 Equity Incentive Plan.
• Following this transaction, Mr. Weger directly beneficially owns 11,176 shares.
• An additional 32,206 shares are held indirectly in a trust for his spouse and children, for which he disclaims beneficial ownership.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: Neutral. This is a routine, expected transaction for director compensation and does not indicate significant positive or negative sentiment about the company's performance or outlook.

Positives

• Director Weger's compensation in stock aligns his interests with shareholders.
• The use of a Rule 10b5-1(c) plan indicates a pre-arranged, transparent transaction.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This is a routine compensation event for a director, common across publicly traded companies, particularly REITs like STAG Industrial, to align management and director interests with shareholders through equity awards.

Comparison to Industry Standards

• Compensating directors with equity is a standard practice in the REIT sector and broader public markets, aligning director incentives with long-term shareholder value.
• The specific valuation method (10-day average closing price) is also a common approach for non-cash compensation.

Related Party Transactions

• The acquisition of shares by Director Hans S. Weger in lieu of cash fees for his services constitutes a related party transaction, as it involves compensation to a member of the company's board.

Stakeholder Impact

• Shareholders: The issuance of shares as compensation slightly dilutes existing shareholders but aligns director incentives with shareholder interests.
• Employees: No direct impact mentioned.
• Customers/Suppliers/Creditors: No direct impact mentioned.

Key Dates

Recommendation

This Form 4 filing details a routine compensation event for a director, where shares were issued in lieu of cash fees. Such a transaction is standard practice for aligning director interests with shareholders and does not provide new material information to warrant a change in investment recommendation. The filing itself is not indicative of any fundamental shift in the company's prospects, therefore, a 'hold' recommendation remains appropriate based solely on this filing.

Keywords

STAG Industrial, STAG, Form 4, Insider Trading, Director Compensation, Equity Incentive Plan, Hans S. Weger, Stock Acquisition, Rule 10b5-1