OCONNOR DAVID P 4
4 · Prologis, Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Prologis (PLD) Director David P. O'Connor Receives Award
What Happened
David P. O'Connor, a director of Prologis, received an award of 211.314 shares (recorded as Dividend Equivalent Units on Deferred Stock Units) on 2026-03-31. The transaction is reported as an award/acquisition (code A) at $0.00 per share, so no cash was paid or received. The units are derivative (DEUs tied to DSUs) and will be paid in Prologis common stock at a 1-for-1 rate when distributed.
Key Details
- Transaction date: 2026-03-31; Filing date: 2026-04-02 (no late filing indicated).
- Amount: 211.314 shares (DEUs) at $0.00 each; reported value $0.
- Transaction type: Award/Grant of Dividend Equivalent Units on Deferred Stock Units under the Prologis NQDC Plan.
- Shares owned after transaction: Not specified in the provided extract; footnote says balance in the filing's column 9 includes DSUs and DEUs.
- Relevant footnote: DEUs accrue at the Prologis dividend rate, vest 100% on the earlier of the first anniversary of grant or the first annual meeting after grant, and are paid in Prologis common stock.
Context
This was a derivative award tied to deferred compensation (dividend equivalents on DSUs), not an open-market purchase or sale. Such awards are routine for non-employee directors and do not involve an immediate cash transaction; they should be interpreted as compensation, not a direct buy/sell signal.
Insider Transaction Report
- Award
Dividend Equivalent Units - NQDC
[F1]2026-03-31+211.314→ 26,315.56 totalExercise: $0.00→ Common Stock (211.314 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.