Form 4: STAG Industrial Director Acquires Shares

STAG Industrial Director Jeffrey D. Furber acquired 591 shares of common stock in lieu of quarterly fees, increasing his beneficial ownership to 53,854 shares.

Summary

• Jeffrey D. Furber, a Director of STAG Industrial, Inc., acquired 591 shares of common stock on October 15, 2025.
• The shares were issued as compensation for quarterly director fees totaling $21,250.
• The acquisition was made pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended.
• The shares were valued at $35.93 per share, based on the average closing price for the 10-day period ended October 10, 2025.
• Following this transaction, Mr. Furber's direct beneficial ownership of STAG Industrial common stock increased to 53,854 shares.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as a director increasing their stake, even through compensation, generally signals confidence in the company's future and aligns director interests with shareholders.

Positives

• The acquisition of shares by a director demonstrates continued alignment of management and director interests with those of shareholders.
• The use of equity for compensation is a common practice that can incentivize long-term performance and commitment.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

Director share acquisitions, particularly as part of compensation, are a standard practice across various industries, including real estate investment trusts (REITs) like STAG Industrial. This practice aims to align the interests of directors with long-term shareholder value.

Comparison to Industry Standards

• The issuance of equity as part of director compensation is a common corporate governance practice, aligning director incentives with shareholder interests, consistent with industry standards for publicly traded companies.
• The valuation method, using an average closing price over a period, is a standard and transparent approach for determining the value of equity compensation.

Corporate Governance

Related Party Transactions

• Acquisition of 591 shares of common stock by Director Jeffrey D. Furber as compensation for quarterly fees of $21,250, issued under the 2011 Equity Incentive Plan.

Stakeholder Impact

• Shareholders: Positive impact due to increased alignment of director interests with shareholder value through equity ownership.
• Management/Directors: Compensation structure encourages long-term commitment and performance tied to stock value.

Key Dates

Keywords

STAG Industrial, Jeffrey D. Furber, Insider Transaction, Form 4, Director Compensation, Equity Incentive Plan, Common Stock, Share Acquisition