Form 4: STAG Industrial Director Acquires Shares

STAG Industrial Director Larry T. Guillemette acquired 936 shares of common stock on January 15, 2026, as compensation for director services.

Summary

• Larry T. Guillemette, a Director of STAG Industrial, Inc. [STAG], acquired 936 shares of common stock.
• The transaction occurred on January 15, 2026.
• The shares were valued at $37.36 per share, based on the average closing price for the 10-day period ended January 12, 2026.
• The acquisition was made pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended.
• These shares were issued in lieu of quarterly fees of $35,000 for Mr. Guillemette's services as a director.
• Following this transaction, Mr. Guillemette directly beneficially owns 40,576 shares of common stock.

Sentiment

Score: 6

Explanation: The transaction is a routine compensation event, indicating continued director involvement and alignment with shareholder interests, which is mildly positive.

Positives

• The acquisition of shares by a director, even as compensation, increases their direct stake in the company, aligning their interests more closely with those of shareholders.
• The use of an equity incentive plan for director compensation is a common practice that promotes long-term commitment and performance.

Future Outlook

N/A. This filing reports a past insider transaction and does not contain forward-looking statements or guidance.

Industry Context

Insider transactions, particularly those related to director compensation in equity, are common across industries as a means to align the interests of management and board members with shareholders. This practice is prevalent in Real Estate Investment Trusts (REITs) like STAG Industrial, which often use equity to compensate directors and executives.

Comparison to Industry Standards

• The practice of compensating directors with equity, such as common stock, is a widely accepted corporate governance standard across various industries, including real estate investment trusts (REITs) like STAG Industrial. This aligns director incentives with long-term shareholder value, similar to practices at comparable REITs.

Corporate Governance

Related Party Transactions

• Larry T. Guillemette, a director, received 936 shares of common stock as compensation for his services, valued at $37.36 per share, totaling $35,000, in lieu of quarterly fees.

Stakeholder Impact

• Shareholders: Increased alignment of the director's financial interests with long-term shareholder value through equity ownership.

Key Dates

Recommendation

This Form 4 reports a routine insider transaction where a director received shares as compensation. While it indicates continued alignment of interests, it does not present new information significant enough to warrant a change in investment recommendation based solely on this filing.

Keywords

STAG Industrial, insider transaction, Form 4, director compensation, equity incentive plan, common stock, corporate governance