4//SEC Filing
Arndt Timothy D 4
Accession 0001193125-26-019734
CIK 0001045609other
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 5:56 PM ET
Size
8.5 KB
Accession
0001193125-26-019734
Research Summary
AI-generated summary of this filing
Prologis (PLD) CFO Timothy Arndt Receives LTIP Award
What Happened
Timothy D. Arndt, Chief Financial Officer of Prologis, received two grants of LTIP Units on January 20, 2026 (transaction code A). The grants total 18,434 LTIP Units (8,133 and 10,301 units), issued at $0.01 per unit for a nominal total issuance value of $184. These are awards (not open‑market purchases or sales) and are derivative LTIP Units of Prologis, L.P., not direct shares of Prologis common stock.
Key Details
- Transaction date: 2026-01-20; Form 4 filed 2026-01-22 (timely filing).
- Price reported: $0.01 per LTIP Unit; totals: $81 (8,133 units) and $103 (10,301 units); combined $184.
- Transaction type: A = Award/Grant (derivative LTIP Units).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Notable footnotes: see below for vesting and conversion rights (F1–F3).
- Filing timeliness: filed within the normal Form 4 timeframe (not marked late).
Context
- These LTIP Units are long‑term incentive units of Prologis, L.P. (derivative units). Per the filing: some LTIP Units vest 25% per year over four years (F1); some LTIP Units were issued in exchange for a cash bonus and vest 100% on issuance (F3).
- Vested LTIP Units can be converted, at the holder’s election, into common units of Prologis, L.P., which in turn may be redeemed for cash equal to the fair market value of Prologis common stock or, at the company’s election, exchanged for shares of Prologis common stock (F2). Conversion and redemption rights have no expiration.
- This was an award/compensation grant rather than a buy or sell; such grants are common for executive compensation and do not by themselves indicate the insider’s personal trading view.
Insider Transaction Report
Form 4
Arndt Timothy D
Chief Financial Officer
Transactions
- Award
LTIP Units
[F1][F2]2026-01-20$0.01/sh+8,133$81→ 279,941 totalExercise: $0.00→ Common Stock (8,133 underlying) - Award
LTIP Units
[F3][F2]2026-01-20$0.01/sh+10,301$103→ 290,242 totalExercise: $0.00→ Common Stock (10,301 underlying)
Footnotes (3)
- [F1]Represents LTIP Units of Prologis, L.P. (the "LTIP Units") which vest 25% each year for four years subject to continued employment. The LTIP Units were issued to the reporting person pursuant to the Prologis, Inc. 2020 Long-Term Incentive Plan (the "2020 LTIP").
- [F2]Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each vested LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in Prologis, L.P. (a "Common Unit"). Each Common Unit acquired upon conversion of a vested LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of Common Stock of the Company (the "Common Stock"), except that the Company may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert vested LTIP Units into Common Units and redeem Common Units have no expiration dates.
- [F3]Represents LTIP Units that were issued in exchange for the executive's cash bonus at the same value as the cash bonus. The LTIP Units vest 100% on issuance date. The LTIP Units were issued to the reporting person pursuant to the 2020 LTIP.
Signature
/s/ Tammy Colvocoresses Attorney-In-Fact for Timothy D. Arndt|2026-01-22
Documents
Issuer
Prologis, Inc.
CIK 0001045609
Entity typeother
Related Parties
1- filerCIK 0001919424
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 5:56 PM ET
- Size
- 8.5 KB