FOTIADES GEORGE L 4
4 · Prologis, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Prologis (PLD) Director George Fotiades Receives Award
What Happened
- George L. Fotiades, a director of Prologis (PLD), was granted four derivative awards on 2026-06-30 totaling 900.497 units: 184.992, 362.855, 121.85 and 230.8 units. These are derivative awards (code A) reported as Dividend Equivalent Units (DEUs)/Deferred Stock Units (DSUs) or phantom shares and are to be settled in Prologis common stock at a 1:1 rate. No cash price is reported (N/A) because these are compensated, deferred awards rather than open-market purchases or sales.
Key Details
- Transaction date: 2026-06-30; Filing date: 2026-07-02 (timely Form 4 filing).
- Transaction type/code: A — Grant/award (derivative awards); price: N/A.
- Total units granted: 900.497 (184.992 + 362.855 + 121.85 + 230.8).
- Shares owned after transaction: Not specified in the provided excerpt (filing notes that column 9 balances include DSUs/DEUs/phantom shares).
- Notable footnotes: Awards represent DEUs on previously and currently held DSUs or DEUs on phantom shares (see F1–F4). DEUs accrue at Prologis’ dividend rate, vest under specified schedules or upon issuance, are deferred under the NQDC Plan, and are paid in common stock at 1 share per unit.
- Filing timeliness: No late filing indicated.
Context
- These grants are director compensation (deferred/derivative awards) and will convert to common shares when paid; they are not open-market purchases or sales and therefore do not directly signal a buy/sell decision by the director. DEUs/DSUs/phantom shares commonly reflect dividend-equivalent compensation and vest/settle under plan rules.
Insider Transaction Report
Form 4
FOTIADES GEORGE L
Director
Transactions
- Award
Dividend Equivalent Units (Pre-Merger)
[F1]2026-06-30+184.992→ 23,606.379 total→ Common Stock (184.992 underlying) - Award
Dividend Equivalent Units - NQDC
[F2]2026-06-30+362.855→ 47,977.375 total→ Common Stock (362.855 underlying) - Award
Dividend Equivalent Units (Phantom) - NQDC
[F3]2026-06-30+121.85→ 15,548.972 total→ Common Stock (121.85 underlying) - Award
Dividend Equivalent Units (Pre-Merger Phantom)
[F4]2026-06-30+230.8→ 29,451.771 total→ Common Stock (230.8 underlying)
Footnotes (4)
- [F1]Represents Dividend Equivalent Units (DEUs) earned on Deferred Stock Units (DSUs) associated with previous service on the board of ProLogis, our merger partner, and assumed by us in June 2011. DEUs accrue on outstanding DSUs at the Prologis common stock dividend rate at the time dividends are paid on Prologis common stock. DEUs vest upon issuance and the receipt of such DEUs is deferred, as are the underlying DSUs, during the period the reporting person serves as a director. 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.
- [F2]Represents DEUs earned on 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.
- [F3]Represents DEUs earned on director fees that the reporting person has elected to defer into phantom shares under the NQDC Plan. These phantom shares are vested upon issuance and accrue DEUs at the Prologis common stock dividend rate at the time dividends are paid on Prologis common stock. Phantom shares and DEUs are paid in the form of Prologis common stock at the rate of one common share per phantom share or DEU in accordance with the deferral election made by the reporting person, or upon termination of service. Balance in column 9 includes phantom shares and DEUs.
- [F4]Represents DEUs earned on phantom shares associated with previous service on the board of ProLogis, our merger partner, and assumed by us in June 2011. DEUs accrue on outstanding phantom shares at the Prologis common stock dividend rate at the time dividends are paid on Prologis common stock. DEUs vest upon issuance and the receipt of such DEUs is deferred in accordance with the deferral election made by the reporting person applicable to the underlying phantom shares. Phantom shares and DEUs are paid in the form of Prologis common stock at the rate of one common share per Phantom share or DEU. Balance in column 9 includes phantom shares and DEUs.
Signature
/s/ Tammy Colvocoresses, Attorney-In-Fact for George L. Fotiades|2026-07-02