STAG Director Chin Jit Kee Receives Award of 578 Shares

What Happened

• Chin Jit Kee, a director of STAG Industrial, Inc. (STAG), was issued 578 shares on 2026-07-15 as an award/acquisition. The shares were valued at $38.89 each for a total reported value of $22,478. The issuance was made in lieu of quarterly director fees.

Key Details

• Transaction date: 2026-07-15; filing date: 2026-07-16 (timely).
• Transaction type/code: A — grant/award or other acquisition.
• Price per share used for valuation: $38.89 (10‑day average closing price ended July 10, 2026).
• Total value reported: $22,478 (shares issued in lieu of $22,500 in quarterly fees).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: Shares issued under STAG Industrial’s 2011 Equity Incentive Plan, as amended; valued using the 10‑day average closing price (see footnote F1).
• No 10b5-1 plan, tax‑withholding sale, or option exercise was reported.

Context

• This was a compensatory issuance (director fees paid in stock), a routine corporate governance practice for non-employee directors. Such awards reflect compensation, not an open‑market purchase or sale, and should not be read as a direct market-timing signal.