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

A STAG Industrial director, Vicki Lundy Wilbon, acquired 483 shares of common stock in lieu of quarterly fees.

Summary

• Vicki Lundy Wilbon, a director at STAG Industrial, Inc., acquired 483 shares of common stock on January 15, 2025.
• These shares were issued as compensation in lieu of $16,250 in quarterly fees for her 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, Ms. Wilbon beneficially owns 908 shares of STAG Industrial stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to slightly positive as it aligns director interests with shareholders.

Positives

• The transaction reflects the company's practice of compensating directors with equity.
• The director's increased stake aligns her interests with those of other shareholders.

Industry Context

This is a routine transaction related to director compensation, which is common practice in publicly traded companies. It reflects the company's use of equity-based compensation to align director interests with shareholder value.

Comparison to Industry Standards

• Many publicly traded companies use equity-based compensation for directors.
• The practice of issuing shares in lieu of cash fees is a common method to conserve cash and align director interests with shareholders.
• The valuation method using a 10-day average closing price is a standard approach for such transactions.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with the company's performance.

Key Dates

Keywords

STAG Industrial, Director Compensation, Equity Incentive Plan, Share Acquisition, Form 4, Beneficial Ownership