Furber Jeffrey D. 4

What Happened Jeffrey D. Furber, a director of STAG Industrial, received an award of 546 shares on July 15, 2026. The shares were valued at $38.89 each (10‑day average closing price) for a total value of $21,234. This was a compensatory grant issued in lieu of his quarterly director fees (about $21,250).

Key Details

• Transaction date: 2026-07-15; Form 4 filed 2026-07-16 (no late filing indicated).
• Transaction type/code: Award/Grant (A).
• Shares issued: 546 shares at an attributed price of $38.89, total ~$21,234.
• Reason: Issued under STAG Industrial’s 2011 Equity Incentive Plan in lieu of quarterly fees (footnote states fees were $21,250; valuation used 10-day avg closing price through July 10, 2026).
• Shares owned after transaction: Not reported in the provided excerpt.
• No 10b5-1 plan, cashless exercise, tax-withholding, or gift noted in the provided filing.

Context This was a routine director compensation issuance, not an open‑market purchase or sale. Such grants are common for board fees and do not by themselves indicate the director’s view on company stock performance. The valuation method used (10‑day average closing price) produced the stated per‑share value.