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

Director Hans S. Weger acquires 596 shares of STAG Industrial, Inc. in lieu of quarterly fees.

Summary

• On April 15, 2024, Hans S. Weger, a director of STAG Industrial, Inc., acquired 596 shares of common stock.
• The shares were issued in lieu of quarterly fees of $22,500 for his services as a director.
• The shares were valued at $37.71 each, based on the average closing price for the 10-day period ended April 10, 2024.
• Following the transaction, Weger directly owns 7,348 shares of STAG Industrial, Inc.
• Weger also indirectly owns 32,206 shares through a trust for the benefit of his spouse and children, for which he disclaims beneficial ownership.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction related to director compensation. The director taking shares instead of cash is a mildly positive signal.

Positives

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

Industry Context

Directors receiving equity in lieu of fees is a common practice in publicly traded companies, aligning their interests with those of shareholders.

Stakeholder Impact

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

Key Dates