COLBERT VIRGIS 4
4 · STAG Industrial, Inc. · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
STAG (STAG) Director Colbert Virgis Receives 440-Share Award
What Happened Colbert Virgis, a director of STAG Industrial, received 440 shares on April 15, 2026, as an award/acquisition under the company's equity compensation plan. The shares were valued at $36.86 each (10-day average closing price ended April 10, 2026), for a reported total value of $16,218. This issuance was in lieu of the director's quarterly cash fees of $16,250.
Key Details
- Transaction type: Award/Grant (code A) — 440 shares acquired.
- Transaction date: 2026-04-15; filing date: 2026-04-17 (filed within standard reporting window).
- Price used for valuation: $36.86 per share (10-day average closing price ending 4/10/2026).
- Reported value: $16,218 (shares issued in lieu of $16,250 in cash fees).
- Shares owned after the transaction: Not specified in the provided filing.
- Notable footnote: Shares issued pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended.
Context Director awards issued in lieu of cash fees are common and are a form of non-cash compensation to align director incentives with shareholders; they are not the same as an open-market purchase and do not necessarily signal a personal cash investment. The filing appears timely (reported two days after the transaction).
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-15$36.86/sh+440$16,218→ 4,650 total
Footnotes (1)
- [F1]The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $16,250 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended April 10, 2026, which was $36.86.