Furber Jeffrey D. 4

What Happened
Jeffrey D. Furber, a director of STAG Industrial, received an award of 576 shares on April 15, 2026. The shares were valued at an average price of $36.86 per share, for a total value of approximately $21,231. The issuance was made in lieu of quarterly director fees of $21,250 under STAG’s 2011 Equity Incentive Plan (as amended).

Key Details

• Transaction date: April 15, 2026 (reported on Form 4 filed April 17, 2026). Transaction code: A (award/grant/acquisition).
• Price used for valuation: $36.86 per share (10-day average closing price ending April 10, 2026).
• Shares issued: 576 shares; total value reported ≈ $21,231.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: Shares issued in lieu of $21,250 in quarterly director fees and valued using the 10-day average closing price (see footnote F1).
• Timeliness: Filing appears timely (reporting period 4/15/2026; Form 4 filed 4/17/2026).

Context
This transaction is a routine equity award used to compensate a director rather than an open-market purchase or sale. Such awards are common for director compensation and do not, by themselves, indicate the director’s market view.