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

Director Benjamin S. Butcher acquired 440 shares of STAG Industrial common stock as compensation for board services.

Summary

• Director Benjamin S. Butcher received 440 shares of STAG Industrial common stock on April 15, 2026.
• The shares were issued in lieu of $16,250 in quarterly director fees.
• The issuance price was $36.86 per share, based on the 10-day average closing price ending April 10, 2026.
• Following this transaction, the director's total beneficial ownership is 8,888 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.

Positives

• Director alignment with shareholders is maintained through equity-based compensation.
• The transaction reflects a commitment to the company by accepting stock in lieu of cash fees.

Negatives

• None identified.

Risks

• Market price volatility of STAG common stock could impact the value of director compensation.

Future Outlook

Not applicable as this is a routine director compensation disclosure.

Industry Context

StockSavvy.ai notes that it is standard practice for REIT directors to receive a portion of their compensation in equity to align interests with shareholders, a common governance feature in the real estate investment trust sector.

Comparison to Industry Standards

• The use of equity-based compensation for board members is consistent with standard corporate governance practices among publicly traded REITs like Prologis or Rexford Industrial.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation arrangement.

Next Steps

• No future actions required beyond standard regulatory reporting.

Key Dates

Keywords

STAG Industrial, Director Compensation, Insider Transaction, Equity Incentive Plan, REIT