Connor James B. 4
4 · Prologis, Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Prologis (PLD) Director Connor James B. Receives Award
What Happened Connor James B., a director of Prologis, received an award of 52.727 dividend-equivalent units (DEUs) on 2026-03-31. The transaction is reported as an acquisition of a derivative award at $0.00 per unit (total reported value $0). This was not an open-market purchase or sale of shares but an issuance of deferred compensation units.
Key Details
- Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (appears to be filed within the typical two-business-day window).
- Transaction type: A (Award/Grant) of derivative units (DEUs tied to Deferred Stock Units, DSUs).
- Units granted: 52.727 DEUs; reported price per unit: $0.00; reported total: $0.
- Shares owned after transaction: not specified in the provided summary.
- Footnote: DEUs accrue on outstanding DSUs at the Prologis dividend rate, vest 100% on the earlier of the first anniversary of the grant or the first annual meeting after grant, and are paid in Prologis common stock at a 1:1 ratio with DSUs (see filing footnote).
Context DEUs are a form of deferred compensation that track dividend equivalents on deferred stock units; they convert to actual Prologis shares when paid and do not involve an immediate cash outlay or open-market trading. Awards like this are routine compensation for directors and do not by themselves indicate a buy or sell market signal.
Insider Transaction Report
- Award
Dividend Equivalent Units - NQDC
[F1]2026-03-31+52.727→ 6,566.167 totalExercise: $0.00→ Common Stock (52.727 underlying)
Footnotes (1)
- [F1]Represents Dividend Equivalent Units (DEUs) earned on Deferred Stock Units (DSUs) associated with current service on our board that are deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (the NQDC Plan). DEUs accrue on outstanding DSUs at the Prologis common stock dividend rate at the time dividends are paid on Prologis common stock. DEUs and the underlying DSUs vest 100% on the earlier of the first anniversary of the grant date or the first annual meeting of the stockholders of Prologis after the grant date (generally in May each year). The receipt of such DEUs is deferred along with the underlying DSUs. DSUs and DEUs are paid in the form of Prologis common stock at the rate of one common share per DSU or DEU. Balance in column 9 includes DSUs and DEUs.