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

Director Hans S. Weger acquires 629 shares of STAG Industrial, Inc. in lieu of quarterly fees.

Summary

• On July 15, 2024, Hans S. Weger, a director of STAG Industrial, Inc., acquired 629 shares of common stock at a price of $35.75 per share.
• These shares were issued in lieu of quarterly fees of $22,500.00 for his services as a director, under the company's 2011 Equity Incentive Plan.
• Following the transaction, Weger directly owns 7,977 shares of STAG Industrial, Inc.
• Weger also indirectly owns 32,206 shares through a trust for the benefit of his spouse and children, where his spouse is a trustee.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction and doesn't indicate any significant positive or negative outlook for the company.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Directors often receive equity as part of their compensation.

Comparison to Industry Standards

• Director compensation in the form of equity is a common practice among publicly traded REITs like STAG Industrial.
• Companies such as Prologis (PLD) and Duke Realty (DRE) (now acquired by Prologis) also utilize equity-based compensation for their board members.
• The amount of equity granted in lieu of fees appears to be within the typical range for companies of STAG's size and market capitalization.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It reflects the company's compensation practices for its board members.

Key Dates