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

Director Hans Weger acquired 589 shares of STAG Industrial common stock in lieu of quarterly fees.

Summary

• On October 15, 2024, Hans Weger, a director of STAG Industrial, Inc., acquired 589 shares of common stock.
• The shares were issued in lieu of $22,500 in quarterly fees for his services as a director.
• The price per share was $38.19, based on the average closing price for the 10-day period ended October 9, 2024.
• Following the transaction, Weger directly owns 8,566 shares of STAG Industrial common stock.
• 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: Neutral sentiment as it reflects a routine transaction of a director receiving shares as part of their compensation. It doesn't indicate any significant positive or negative outlook.

Positives

• The acquisition reflects the director's continued investment in the company.
• The acceptance of shares in lieu of fees demonstrates a commitment to the company's equity.

Management Comments

• The reporting person disclaims beneficial ownership of the securities held in trust, and the filing of this report should not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Industry Context

Director share acquisitions are common in publicly traded companies as part of compensation packages and can be seen as a sign of confidence in the company's future.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with those of the shareholders.

Key Dates