Form 4: STAG Industrial Director Acquires Shares as Compensation

STAG Industrial Director Francis X Jacoby III acquired 447 shares of common stock valued at $36.31 per share as part of his quarterly director fees.

Summary

• Director Francis X Jacoby III acquired 447 shares of STAG Industrial, Inc. common stock on July 15, 2025.
• The shares were valued at $36.31 each, based on the average closing price for the 10-day period ended July 10, 2025.
• This acquisition was in lieu of quarterly director fees totaling $16,250.
• The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended.
• Following this transaction, Francis X Jacoby III beneficially owns 32,482 shares of common stock.

Sentiment

Score: 7

Explanation: The director's decision to receive shares instead of cash for compensation is generally viewed positively as it aligns their financial interests with those of the shareholders, indicating confidence in the company's future.

Positives

• Director Francis X Jacoby III elected to receive shares instead of cash for quarterly fees, indicating alignment of interests with shareholders.
• The issuance of shares under the 2011 Equity Incentive Plan demonstrates the company's commitment to its long-term incentive programs for directors.

Future Outlook

NA

Industry Context

This transaction is a standard insider compensation event, common across industries where directors receive equity as part of their remuneration to align their interests with shareholders. It does not reflect broader industry trends or competitive dynamics.

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 method aligns director incentives with long-term shareholder value, similar to practices observed in companies like Prologis (PLD) or Duke Realty (DRE, prior to acquisition), where equity grants are a component of executive and director compensation packages.

Related Party Transactions

• The acquisition of 447 shares by Director Francis X Jacoby III in lieu of quarterly fees constitutes a related party transaction, as it involves compensation from the company to an insider.

Stakeholder Impact

• Shareholders: Positive impact as the director's interests are further aligned with shareholder value through increased equity ownership.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Key Dates

Recommendation

Keywords

STAG Industrial, insider transaction, Form 4, director compensation, equity incentive plan, common stock, beneficial ownership