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

Director Chin Jit Kee acquired 545 shares of STAG Industrial common stock in lieu of quarterly fees, according to a Form 4 filing.

Summary

• On April 15, 2025, Chin Jit Kee, a director of STAG Industrial, Inc., acquired 545 shares of common stock.
• The acquisition was made in lieu of quarterly fees of $18,333.33 for 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, Chin Jit Kee beneficially owns 8,598 shares of STAG Industrial common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a standard transaction of a director receiving shares as part of their compensation.

Positives

• The director's acceptance of shares in lieu of cash compensation demonstrates confidence in the company's stock.

Industry Context

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

Related Party Transactions

• The acquisition of shares by the director in lieu of fees constitutes a related party transaction.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small number of shares being issued.

Key Dates

Keywords

STAG Industrial, Director, Share Acquisition, Form 4, Equity Incentive Plan, Chin Jit Kee