4//SEC Filing
Chase Michael 4
Accession 0001937046-25-000005
CIK 0001479094other
Filed
Nov 5, 7:00 PM ET
Accepted
Nov 6, 4:43 PM ET
Size
14.8 KB
Accession
0001937046-25-000005
Insider Transaction Report
Form 4
Chase Michael
EVP AND CIO
Transactions
- Conversion
LTIP Units
2025-11-05−13,144→ 73,449 total→ Common Stock, par value $0.01 per share (13,144 underlying) - Conversion
Common Stock
2025-11-05+13,144→ 22,566 total - Sale
Common Stock
2025-11-05$38.75/sh−13,144$509,304→ 9,422 total - Conversion
Partnership Units
2025-11-05+13,144→ 19,469 total→ Common Stock, par value $0.01 per share (13,144 underlying) - Conversion
Partnership Units
2025-11-05−13,144→ 6,325 total→ Common Stock, par value $0.01 per share (13,144 underlying)
Footnotes (3)
- [F1]On November 5, 2025, the reporting person converted a total of 13,144 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 13,144 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 13,144 OP Units. The LTIP Units are convertible into OP Units as they are nonforfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.
- [F2]Represents LTIP Units granted to the reporting person pursuant to the Equity Incentive Plan. Over time, the LTIP Units can achieve full parity with OP Units for all purposes. If such parity is reached, non-forfeitable LTIP Units may be converted into OP Units and then may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. LTIP Units do not have an expiration date.
- [F3]Represents OP Units in the Operating Partnership. OP Units may be redeemed for cash equal to the then-current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are vested as of the date of issuance and have no expiration date.
Documents
Issuer
STAG Industrial, Inc.
CIK 0001479094
Entity typeother
Related Parties
1- filerCIK 0001937046
Filing Metadata
- Form type
- 4
- Filed
- Nov 5, 7:00 PM ET
- Accepted
- Nov 6, 4:43 PM ET
- Size
- 14.8 KB