Form 4: STAG Industrial Director Acquires Shares in Lieu of Fees
SEC Form 4 Filing
Director Hans S. Weger acquires 607 shares of STAG Industrial, Inc. in lieu of quarterly fees.
Summary
- Hans S. Weger, a director of STAG Industrial, Inc., acquired 607 shares of common stock on April 15, 2025.
- The shares were issued in lieu of quarterly fees of $20,416.67 for Weger's services as a director.
- The shares were valued at $33.60 each, based on the average closing price for the 10-day period ended April 10, 2025.
- Following the transaction, Weger directly owns 9,843 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: The sentiment is neutral. It's a routine transaction related to director compensation. The director taking shares instead of cash could be seen as a slightly positive sign.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
This is a routine transaction related to director compensation in the form of equity, which is a common practice in publicly traded companies.
Comparison to Industry Standards
- Director compensation through equity grants is a common practice among publicly traded REITs like STAG Industrial.
- Comparable companies such as Prologis (PLD) and Duke Realty (DRE) also utilize equity-based compensation for their board members.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares issued as part of director compensation.
Key Dates
| Date | Description |
|---|---|
| April 10, 2025 | End date for the 10-day period used to calculate the average closing price of the shares. |
| April 15, 2025 | Date of the transaction (share acquisition). |
Keywords
STAG Industrial, Director, Share Acquisition, Form 4, Equity Incentive Plan, Beneficial Ownership
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