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

STAG Industrial Director Christopher P. Marr acquired 447 shares of common stock valued at $36.31 per share, as compensation for quarterly director fees.

Summary

• Christopher P. Marr, a Director of STAG Industrial, Inc., acquired common stock on July 15, 2025.
• A total of 447 shares of common stock were acquired.
• The shares were valued at $36.31 per share.
• This acquisition was made in lieu of quarterly director fees totaling $16,250.
• The valuation of the shares was based on the average closing price for the 10-day period ended July 10, 2025.
• Following this transaction, Christopher P. Marr directly owns 6,974 shares and indirectly owns 20,152 shares through a trust.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even as compensation, generally signals confidence in the company's future performance and aligns management interests with shareholders.

Positives

• Director Christopher P. Marr increased his direct beneficial ownership by 447 shares, further aligning his interests with shareholders.
• The acquisition of shares in lieu of cash fees demonstrates confidence in the company's equity value and long-term prospects.

Future Outlook

NA

Management Comments

• Christopher P. Marr received shares as compensation for his services as a director, indicating a decision to accept equity in lieu of cash fees.

Industry Context

This transaction is a routine insider filing for a Real Estate Investment Trust (REIT) director, reflecting standard compensation practices within the industry where equity grants are common for aligning director interests with long-term company performance.

Comparison to Industry Standards

• The practice of compensating directors with equity, such as common stock, is a common corporate governance standard across various industries, including REITs, as it aligns the interests of directors with those of shareholders. While specific compensation amounts vary, the method of issuing shares under an equity incentive plan is a widely accepted practice.

Related Party Transactions

• The acquisition of 447 shares by Director Christopher P. Marr in lieu of quarterly fees is a related party transaction, conducted under the company's 2011 Equity Incentive Plan.

Stakeholder Impact

• Shareholders benefit from increased alignment of director interests with long-term company performance through equity ownership.

Key Dates

Recommendation

Keywords

STAG Industrial, STAG, Form 4, insider transaction, director compensation, equity incentive plan, common stock, share acquisition