Prologis, Inc. 8-K/A

What Happened

• Prologis, Inc. filed an 8-K on April 1, 2026 (Item 5.02) confirming that Trisha Burns became Chief Accounting Officer effective April 1, 2026.
• In connection with her appointment, Ms. Burns is eligible for annual long-term incentive (LTI) equity awards with an aggregate target amount of $400,000 for 2026. The actual payout under performance-based awards may be less than, greater than, or equal to that target based on achievement of performance objectives (substantially the same objectives used for other officers).

Key Details

• Effective date: April 1, 2026.
• 2026 LTI target for Trisha Burns: $400,000 (performance-based; actual amount may vary).
• Performance metrics: substantially the same objectives used for the Company’s other officers (see Proxy Statement filed March 19, 2026).
• Agreements: Ms. Burns entered into Prologis’s standard Change in Control and Noncompetition Agreement and Indemnification Agreement (forms filed with the 10-K on Feb 13, 2026).

Why It Matters

• This filing documents an executive leadership change in Prologis’s accounting function and the compensation framework tied to that role. For investors, the LTI award is equity-based and performance-driven, so any cost is linked to future performance outcomes rather than guaranteed cash payout.
• The execution of standard change-in-control and indemnification agreements is customary and signals the company’s governance and retention approach for senior finance leaders. The 8-K does not disclose a salary or immediate material financial impact beyond the stated LTI target.