Trisha Burns becomes Prologis (NYSE: PLD) chief accounting officer
Filing Impact
Filing Sentiment
Form Type
8-K/A
Rhea-AI Filing Summary
Prologis, Inc. and Prologis, L.P. filed an amendment noting that, effective April 1, 2026, Trisha Burns became Chief Accounting Officer of Prologis, Inc. She is eligible for annual long-term incentive equity awards with a 2026 target value of $400,000, with actual payouts tied to performance objectives similar to those used for other company officers. Ms. Burns also entered into Prologis’s standard Change in Control and Noncompetition Agreement and Indemnification Agreement that are already on file as exhibits to a prior annual report.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
2026 LTI target: $400,000
1 metrics
2026 LTI target
$400,000
Annual long-term incentive equity awards target for Trisha Burns in 2026
Key Terms
long-term incentive, Change in Control and Noncompetition Agreement, Indemnification Agreement
3 terms
long-term incentive financial
"she is eligible for annual long-term incentive (“LTI”) equity awards with an aggregate target amount of $400,000 for 2026"
Long-term incentive is a form of pay awarded to executives and key employees that vests over several years and is tied to company performance, often paid in stock or stock-linked awards. It matters to investors because it shapes management’s motivation and risk-taking, can dilute existing shares, and affects future cash flow and company governance—think of it as a multi-year performance bonus that aligns leaders’ rewards with shareholder returns.
Change in Control and Noncompetition Agreement regulatory
"Ms. Burns entered into the Company’s standard forms of Change in Control and Noncompetition Agreement"
Indemnification Agreement regulatory
"and Indemnification Agreement, which forms have been filed as exhibits"
An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
(Amendment No. 1
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 18, 2025
(Exact name of registrant as specified in charter)
(State or other jurisdiction of Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
(Address of Principal Executive Offices) |
(Zip Code) |
Registrants’ Telephone Number, including Area Code: (415 394-9000
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the
Form8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR240.14a-12) |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR240.14d-2(b)) |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class |
Trading Symbol(s) |
Name of Each Exchange on Which Registered | ||||
| Prologis, Inc. | ||||||
| Prologis, L.P. | ||||||
| Prologis, L.P. |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or
Rule12b-2of
the Securities Exchange Act of 1934 (§240.12b-2
of this chapter). Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. |
Departure of Directors or Certain Officers; Election of Directors ; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Effective April 1, 2026, (as reported in our Form
8-K
filed on September 18, 2025) Trisha Burns became Chief Accounting Officer of Prologis, Inc. (the “Company”). In connection with Ms. Burns’ appointment as Chief Accounting Officer, she is eligible for annual long-term incentive (“LTI”) equity awards with an aggregate target amount of $400,000 for 2026. The actual amount payable under performance-based LTI awards to Ms. Burns may be less than, greater than, or equal to such target amount depending upon the achievement of performance objectives, which will be substantially the same as the objectives established for the Company’s other officers (such as those reported in our Proxy Statement filed on March 19, 2026). In addition, Ms. Burns entered into the Company’s standard forms of Change in Control and Noncompetition Agreement and Indemnification Agreement, which forms have been filed as exhibits to our Annual Report on Form
10-K,
filed on February 13, 2026. Item 9.01. |
Financial Statements and Exhibits. |
(d)
Exhibits
. Exhibit No. |
Description | |
| 104 | Cover Page Interactive Data File – the cover page iXBRL tags are embedded within the Inline XBRL document. | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.
| PROLOGIS, INC. | ||||||
| April 1, 2026 | By: | /s/ Deborah K. Briones | ||||
| Name: | Deborah K. Briones | |||||
| Title: | Chief Legal Officer and General Counsel | |||||
| PROLOGIS, L.P., | ||||||
| By: | Prologis, Inc., its general partner | |||||
| April 1, 2026 | By: | /s/ Deborah K. Briones | ||||
| Name: | Deborah K. Briones | |||||
| Title: | Chief Legal Officer and General Counsel | |||||
FAQ
What leadership change at Prologis (PLD) is described in this filing?
The filing confirms that Trisha Burns became Chief Accounting Officer of Prologis, Inc. effective April 1, 2026. This role oversees accounting functions and financial reporting, aligning her responsibilities with other senior officers within the Prologis organization.
How is Trisha Burns compensated in her new role at Prologis (PLD)?
Trisha Burns is eligible for annual long-term incentive equity awards with a 2026 target amount of $400,000. The actual value will vary based on performance against objectives that are substantially the same as those applied to other Prologis officers.
What performance conditions apply to Trisha Burns’s long-term incentives at Prologis (PLD)?
Her performance-based long-term incentive awards may pay less than, equal to, or more than the $400,000 target. Outcomes depend on achieving performance objectives that Prologis sets consistently across its officer group, as referenced in the company’s proxy materials.
What agreements did Trisha Burns enter into with Prologis (PLD)?
Trisha Burns entered into Prologis’s standard Change in Control and Noncompetition Agreement and its standard Indemnification Agreement. These agreement forms were previously filed as exhibits to the company’s Form 10-K, providing protection and obligations typical for senior executives.
Does this Prologis (PLD) filing change previously reported information?
This amendment references that her appointment as Chief Accounting Officer was previously reported and now adds details on her 2026 long-term incentive target and related executive agreements. It supplements earlier disclosures rather than announcing a new appointment event.