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

Michelle Dilley, a director at STAG Industrial, acquired 483 shares of common stock in lieu of quarterly fees.

Summary

• Michelle Dilley, a director of STAG Industrial, Inc., acquired 483 shares of common stock on January 15, 2025.
• These shares were issued as compensation in lieu of $16,250 in quarterly fees for her services as a director.
• The shares were valued at $33.58 each, based on the average closing price over the 10-day period ending January 8, 2025.
• Following this transaction, Ms. Dilley directly owns 11,243 shares of STAG Industrial common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, which is generally positive as it aligns director interests with shareholders. There are no negative implications.

Positives

• The acquisition of shares by a director demonstrates alignment of interests with shareholders.
• The use of equity as compensation can be seen as a positive sign of the company's confidence in its future performance.

Industry Context

This is a routine transaction for a director receiving equity compensation, which is common practice in publicly traded companies.

Comparison to Industry Standards

• Many publicly traded companies use equity compensation for directors to align their interests with shareholders.
• The practice of using a 10-day average closing price for valuation is a standard method for these types of transactions.
• Comparable companies in the REIT sector also frequently use equity-based compensation for board members.

Stakeholder Impact

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

Key Dates

Keywords

STAG Industrial, Director, Share Acquisition, Equity Compensation, Form 4, Beneficial Ownership