Form 4: STAG Industrial Director Acquires Shares

STAG Industrial Director Christopher P. Marr acquired 434 shares of common stock on January 15, 2026, as compensation for director services.

Summary

• Christopher P. Marr, a director of STAG Industrial, Inc., acquired 434 shares of common stock.
• The transaction occurred on January 15, 2026, and was made pursuant to a Rule 10b5-1(c) plan.
• The shares were valued at $37.36 per share, based on the average closing price for the 10-day period ended January 12, 2026.
• This acquisition was in lieu of quarterly director fees totaling $16,250 for services as a director.
• The shares were issued under STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended.
• Following this transaction, Christopher P. Marr directly beneficially owns 7,860 shares of common stock and indirectly owns 20,152 shares through a trust.

Sentiment

Score: 6

Explanation: The filing details a routine, pre-arranged insider transaction for director compensation, which is a slightly positive event as it increases director ownership and aligns interests with shareholders, but does not indicate significant new operational or financial developments.

Positives

• Director Christopher P. Marr increased his beneficial ownership by acquiring 434 shares, aligning his interests further with shareholders.
• The transaction was conducted under a Rule 10b5-1 plan, indicating a pre-arranged and systematic approach to equity transactions.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 details a routine insider transaction for director compensation, which is a common practice across publicly traded companies, particularly REITs, to align management and director interests with shareholders.

Comparison to Industry Standards

• The issuance of equity in lieu of cash for director fees is a common corporate governance practice, aligning director interests with long-term shareholder value, consistent with compensation structures observed in many REITs and other publicly traded companies.

Corporate Governance

Related Party Transactions

• Christopher P. Marr, a director of STAG Industrial, Inc., acquired 434 shares of the company's common stock from the issuer as compensation for his services, which constitutes a related party transaction.

Stakeholder Impact

• Shareholders: The transaction increases director ownership, potentially enhancing alignment of interests between the director and shareholders.
• Employees, Customers, Suppliers, Creditors: No direct impact on these stakeholders is indicated by this filing.

Key Dates

Recommendation

This Form 4 details a routine insider transaction where a director received shares as part of their compensation. While it shows alignment of interests, it does not provide new fundamental information or significant changes in company prospects to warrant a change in investment recommendation based solely on this filing. Therefore, a 'hold' recommendation is appropriate.

Keywords

STAG Industrial, STAG, Form 4, insider transaction, director compensation, equity incentive plan, common stock, Christopher P. Marr