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

Director Christopher P. Marr acquired 614 shares of STAG Industrial common stock in lieu of quarterly fees.

Summary

• Christopher P. Marr, a director at STAG Industrial, Inc., acquired 614 shares of common stock on January 15, 2025.
• These shares were issued as compensation in lieu of $20,625 in quarterly fees for his 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 the transaction, Mr. Marr directly owns 5,957 shares and indirectly owns 20,152 shares through a trust.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, indicating a stable and expected process. The sentiment is neutral to slightly positive due to the alignment of director interests with shareholders.

Positives

• The acquisition of shares by a director demonstrates alignment of interests with shareholders.
• The use of shares in lieu of cash fees can be seen as a positive for the company's cash flow.

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 as part of their director compensation packages.
• The valuation method of using a 10-day average closing price is a standard practice for such transactions.
• The reporting of this transaction via SEC Form 4 is a standard regulatory requirement.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with company performance.
• The use of shares instead of cash for director fees can be seen as a positive for the company's cash flow.

Key Dates

Keywords

STAG Industrial, Director Share Acquisition, Form 4, Equity Compensation, Christopher P. Marr, Director Fees