Form 4: STAG Industrial Director Acquires Shares in Lieu of Fees

Director Jeffrey D. Furber acquired 556 shares of STAG Industrial, Inc. common stock in lieu of quarterly fees.

Summary

• On October 15, 2024, Jeffrey D. Furber, a director of STAG Industrial, Inc., acquired 556 shares of common stock.
• The shares were issued in lieu of quarterly fees of $21,250 for his services as a director.
• The price per share was $38.19, based on the average closing price for the 10-day period ended October 9, 2024.
• Following the transaction, Furber directly owns 51,414 shares of STAG Industrial, Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director increasing their stake in the company, which is generally viewed favorably.

Positives

• The director's acquisition of shares demonstrates confidence in the company.
• The transaction is part of the company's equity incentive plan.

Industry Context

Directors receiving equity in lieu of fees is a common practice in publicly traded companies to align their interests with shareholders.

Related Party Transactions

• The issuance of shares to Jeffrey D. Furber, a director, in lieu of quarterly fees is a related party transaction.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates