Prologis, Inc.·4

Apr 2, 6:47 PM ET

BITA CRISTINA GABRIELA 4

Research Summary

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Updated

Prologis (PLD) Director Cristina Bita Receives 333 Shares

What Happened

  • Cristina Gabriela Bita, a Prologis director, was granted derivative awards on 2026-03-31 totaling 332.753 units: 66.172, 40.581 and 226 units. Each unit was acquired at $0.00 (coded as A — award/other acquisition). These are derivative awards (DEUs/DSUs and phantom shares) that will be settled in Prologis common stock, not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (Period of Report: 2026-03-31).
  • Awards: 66.172 + 40.581 + 226 = 332.753 units; price per unit $0.00; total cash paid $0.
  • Transaction code: A (award/grant/acquisition); instrument: derivative awards (DEUs/DSUs and phantom shares).
  • Post-transaction share balance: the filing indicates balances include DSUs/DEUs and phantom shares but does not list a specific total shares-owned figure in the summary provided.
  • Footnotes: F1 = Dividend Equivalent Units (DEUs) on Deferred Stock Units (DSUs) tied to board service; F2 = DEUs on director fees deferred into phantom shares; F3 = director fees deferred into phantom shares. DSUs/DEUs/phantom shares are paid 1-for-1 in common stock when paid/settled.
  • Vesting/payment: Per footnotes, DSUs and DEUs vest 100% on the earlier of the first anniversary of the grant or the first annual meeting after grant; phantom shares under the NQDC Plan vest upon issuance and are paid per the deferral election or upon termination of service.
  • Filing timeliness: filed April 2 for a 3/31 transaction; filing date is disclosed (no late-filing note in the provided data).

Context

  • These awards are director compensation components (deferred stock/phantom-share type) that convert to common shares at settlement; they are routine for board members and are derivative (no immediate cash purchase). Such grants reflect compensation mechanics (deferred pay and dividend equivalents) rather than an open-market buy or sell.