Austin Damon 4

What Happened
Austin Damon, Chief Development Officer of Prologis (PLD), was granted two awards of LTIP Units on 2026-01-20: 9,555 units at $0.01 each (nominal $96) and 10,320 units at $0.01 each (nominal $103), for a total of 19,875 LTIP Units (nominal total $199). The filing uses transaction code "A" (award/grant); these are derivative LTIP Units of Prologis, L.P., not open-market purchases or sales.

Key Details

• Transaction date: 2026-01-20; filing date: 2026-01-22 (timely filing).
• Grants: 9,555 LTIP Units @ $0.01 (nominal $96) and 10,320 LTIP Units @ $0.01 (nominal $103).
• Shares owned after transaction: not disclosed in the filing.
• Footnotes:
  • F1: One award vests 25% per year over four years (subject to continued employment).
  • F3: The other award vests 80% on 1/20/2027 and 10% on each of 1/20/2028 and 1/20/2029 (subject to continued employment).
  • F2: Vested LTIP Units may be converted to common units of Prologis, L.P.; common units can be redeemed for cash equal to the fair market value of Prologis common stock or, at the company's election, exchanged for one share of common stock.
• No indication of a 10b5-1 plan, sale, or tax-withholding transaction in this report.

Context
LTIP Units are long-term incentive awards that vest over time and can convert into partnership/common stock value; the $0.01 grant price shown is a nominal exercise/acquisition price and does not reflect potential future market value. This is a compensation grant (routine for executives) rather than an outright purchase or sale; investors may watch vesting and any later conversions or redemptions, which could affect share count or insider selling in the future.