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Prologis Inc. 8-K Filings

PLD NYSE

Every 8-K that Prologis Inc. (PLD) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow PLD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PLD filings page.

Rhea-AI Summary

Prologis, Inc. reports that underwriters J.P. Morgan Securities LLC and BofA Securities, Inc. have exercised their option to purchase an additional 2,250,000 shares of Prologis common stock in connection with the recently completed underwritten offering of 15,000,000 shares, which closed on August 5, 2026. The company expects to receive aggregate net proceeds of approximately $312.2 million from the additional shares, after underwriting discounts but before transaction expenses. The issuance and sale of these additional shares are scheduled to close on August 7, 2026, subject to customary closing conditions, and are being made under Prologis’ effective shelf registration statement and a final prospectus supplement dated August 4, 2026.

Rhea-AI Summary

Prologis, Inc. entered into an underwriting agreement with J.P. Morgan Securities LLC and BofA Securities, Inc. for an underwritten public offering of 15,000,000 shares of common stock. The transaction is expected to provide net proceeds of approximately $2.1 billion, or approximately $2.4 billion if the underwriters fully exercise a 30‑day option to purchase an additional 2,250,000 shares to cover over‑allotments. The offering is expected to close on August 5, 2026.

The offering is being made under an effective shelf registration statement using a base prospectus and an August 4, 2026 prospectus supplement. Prologis has agreed not to sell additional common stock or related convertible or exercisable securities for 30 days after August 4, 2026 without consent from the underwriters, subject to exceptions. The company intends to contribute the cash proceeds to Prologis, L.P. in exchange for operating partnership units, and the operating partnership intends to use the proceeds for general corporate purposes, including funding potential acquisitions such as SEGRO plc, although there is no assurance that the SEGRO plc combination will be completed.

Rhea-AI Summary

Prologis, Inc. and Prologis, L.P. have agreed a recommended all-share and partial cash combination with SEGRO plc under the UK Takeover Code. SEGRO shareholders will receive 0.0920 Prologis common shares per SEGRO share, with an option to elect cash in lieu of some or all shares via a partial cash alternative capped at approximately £3.5 billion. Based on a fixed price of 1,031.7 pence per SEGRO share, a shareholder taking only the basic cash entitlement would receive 258 pence in cash plus 0.0690 Prologis shares per SEGRO share. Assuming full take-up of the partial cash option, the deal values SEGRO’s issued and to be issued share capital at about £14.0 billion.

SEGRO shareholders are expected to hold about 8.9% of the combined company if the partial cash alternative is fully taken up, or 11.5% if no cash elections are made; existing Prologis holders would own the balance. Prologis will seek a secondary listing on the London Stock Exchange and will issue the new shares in reliance on Section 3(a)(10) of the Securities Act. To fund the cash portion, Prologis, L.P. has arranged a term loan facility of up to £3,575,000,000, initially maturing one year after first borrowing and currently priced at a 70 basis point spread over the benchmark rate. Completion, targeted for the first half of 2027, is subject to SEGRO shareholder approvals, UK court sanction, regulatory clearances, and listing approvals, and Prologis highlights risks around timing, integration, and reduced proportional ownership for its existing stockholders.

Rhea-AI Summary

Prologis reported stronger second quarter 2026 results. Total revenues were $2.43 billion versus $2.18 billion a year earlier, and net earnings attributable to common stockholders increased to $1.06 billion (diluted EPS $1.13) from $569.7 million (EPS $0.61).

Core FFO attributable to common stockholders/unitholders was $1.56 billion, or $1.63 per diluted share, up from $1.40 billion ($1.46 per share), while AFFO rose to $1.32 billion from $1.04 billion. As of June 30, 2026, Prologis owned or invested in about 1.3 billion square feet across 5,476 operating buildings, with its total operating portfolio 95.4% occupied on a Prologis Share basis.

For full‑year 2026, the company forecasts diluted net earnings per share of $4.40–$4.55 and Core FFO per share of $6.22–$6.30, and expects same‑store cash NOI growth of 6.75–7.25% on a Prologis Share basis.

Rhea-AI Summary

Prologis has appointed Alfred F. Kelly, Jr. to its board of directors, effective June 29, 2026. The board determined he is independent under New York Stock Exchange and SEC rules, and he will serve on the Board Governance and Nomination Committee.

Kelly will receive compensation under Prologis’ existing non-employee director compensation program as described in its 2026 proxy statement. He brings extensive leadership experience from roles at Visa, American Express and the New York–New Jersey Super Bowl Host Committee, and currently serves on the boards of Berkshire Partners and General Motors.

Rhea-AI Summary

Prologis, Inc. and Prologis, L.P. disclosed that Prologis has made an indicative all-share proposal to acquire SEGRO plc in an all-stock Combination. The June 16, 2026 proposal to buy SEGRO’s entire issued and to be issued share capital was unanimously rejected by SEGRO’s board on June 23, 2026.

Prologis publicly urged SEGRO shareholders to press the SEGRO board to engage so a binding offer can be put to them. Under Rule 2.6(a) of the UK Takeover Code, Prologis must by 5:00 pm (London time) on July 22, 2026 either announce a firm intention to make an offer under Rule 2.7 or state that it does not intend to make an offer.

Rhea-AI Summary

Prologis Yen Finance LLC, guaranteed by Prologis, L.P., has priced a multi-tranche yen debt offering. The issuer will sell ¥32.6 billion of 2.527% Notes due December 13, 2030, ¥3.5 billion of 3.389% Notes due December 13, 2035, and ¥8.9 billion of 3.905% Notes due December 13, 2041.

Net proceeds are estimated at approximately ¥44.7 billion, or $280.6 million based on a May 22, 2026 exchange rate, and are earmarked to repay borrowings under Prologis, L.P.’s Japanese yen revolving credit agreement and for general corporate purposes. The notes are senior unsecured obligations of the issuer and are fully and unconditionally guaranteed by Prologis, L.P.

Each series can be redeemed at par plus accrued interest shortly before maturity, and may also be redeemed at par in specified U.S. tax law change scenarios. The governing indenture limits the operating partnership’s ability to incur additional debt and undertake major structural transactions.

Rhea-AI Summary

Prologis, Inc. and Prologis, L.P. reported the results of the April 28, 2026 annual stockholder meeting. Stockholders voted on the election of the director nominees listed, with each nominee receiving substantially more votes "for" than "against," plus a significant number of broker non-votes.

Stockholders also voted on additional proposals described in the March 19, 2026 definitive proxy statement, including one that received 480,405,454 votes for and another that received 802,687,705 votes for. The report is administrative and includes an Inline XBRL cover page exhibit.

Rhea-AI Summary

Prologis, L.P., the operating partnership of Prologis, Inc., has priced an offering of C$850,000,000 aggregate principal amount of 4.250% senior unsecured notes due May 15, 2034. Net proceeds are estimated at approximately C$839.9 million after underwriters’ discounts and expenses.

The partnership expects to close the issuance and sale of the notes on April 27, 2026. It plans to use the proceeds for general corporate purposes, which may include repaying borrowings under global lines of credit, a Canadian dollar term loan and possibly other debt.

The notes are issued under an existing indenture and related supplemental indentures, and may be redeemed before maturity at specified make-whole or par prices, including a par call available on or after February 15, 2034.

Rhea-AI Summary

Prologis, L.P., the operating partnership of Prologis, Inc., has priced an offering of $500,000,000 of 4.250% Notes due 2031 and $750,000,000 of 4.900% Notes due 2036 as senior unsecured obligations. The notes are expected to close on April 23, 2026.

The 2031 Notes mature on June 15, 2031 and the 2036 Notes mature on June 15, 2036, with estimated net proceeds of approximately $1.2 billion. Prologis, L.P. plans to use the proceeds for general corporate purposes, including repayment of borrowings under its commercial paper program and possibly other debt.

Both series are redeemable at the issuer’s option, with a make-whole premium before their respective par call dates and at 100% of principal on or after those dates. The indenture governing the Notes limits the operating partnership’s and its subsidiaries’ ability to incur additional indebtedness and to merge, consolidate, or dispose of substantially all assets.

Rhea-AI Summary

Prologis, Inc. and Prologis, L.P. reported significantly stronger results for the first quarter of 2026. Total revenues rose to $2,297.7M, driven mainly by higher rental and strategic capital revenues.

Net earnings attributable to common stockholders increased to $980.5M, with diluted EPS of $1.05 compared with $0.63 a year earlier. Core FFO attributable to common stockholders/unitholders reached $1,440.5M or $1.50 per diluted share, while AFFO was $1,471.9M, reflecting robust cash generation.

The company highlighted approximately $6.9B in annual NOI and Adjusted EBITDA of $2,178.0M for the quarter. Management issued 2026 guidance for net earnings per share of $3.80–$4.05 and Core FFO per share of $6.07–$6.23, assuming average occupancy of about 95–96% and positive same-store NOI growth.

Rhea-AI 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.

Rhea-AI Summary

Prologis, L.P. entered into an amended and restated global senior credit facility that permits the borrowers to obtain revolving loans and letters of credit up to the U.S. Dollar equivalent of approximately $3,000,000,000, with an accordion feature allowing up to an additional U.S. Dollar equivalent of $1,000,000,000.

As of the closing date, the facility has a $2,000,000,000 U.S. Dollar Tranche and a €864,229,539.33 Euro Tranche. It is scheduled to mature on June 28, 2030, with two optional six‑month extensions available, and currently carries a spread of 65 basis points over the applicable benchmark rate.

Rhea-AI Summary

Prologis, Inc. updated investors on the compensation packages for its new Chief Executive Officer, Daniel S. Letter, and Executive Chairman, Hamid R. Moghadam, following their previously reported leadership transition effective January 1, 2026. The Talent and Compensation Committee approved Mr. Letter’s compensation with an annual base salary of $1,000,000, an annual bonus opportunity targeted at 200% of base salary, and a 2026 long-term incentive equity award target of $15,750,000, all tied to performance goals similar to those for other executive officers. Mr. Letter remains eligible for additional awards under the Prologis Promote Plan at the committee’s discretion.

As Executive Chairman, Mr. Moghadam is expected to receive annual compensation in performance-based equity. For 2026, he was granted Performance Stock Units with a target value of $13,750,000, with actual payouts depending on performance. To support retention after his transition, he also received a one-time grant of 220,000 LTIP Units under the 2020 Long-Term Incentive Plan that cliff vests on the third anniversary of the grant date.

Rhea-AI Summary

Prologis, Inc., as general partner of Prologis, L.P., furnished an update announcing its fourth quarter 2025 financial results. The company did this through a press release and related supplemental information dated January 21, 2026, which are included as Exhibits 99.2 and 99.1. These materials are provided for informational purposes under Items 2.02 and 7.01 of the Exchange Act and are designated as furnished rather than filed, meaning they are not automatically part of other securities law filings unless specifically incorporated by reference.

Rhea-AI Summary

Prologis, Inc. and Prologis, L.P. reported compensation-related changes approved by the Talent and Compensation Committee. The company adopted a new Performance Stock Unit Agreement under its 2020 Long-Term Incentive Plan that allows dividend equivalents to accrue on Target PSUs during the performance period. These dividend equivalents will be paid in cash after the performance period, but only to the extent the underlying Target PSUs are earned based on the performance criteria.

The committee also approved an amendment to prior agreements with executives Daniel S. Letter, Timothy D. Arndt and Carter H. Andrus. For each of these executives, any equity-based awards granted on or after January 1, 2026 will no longer be covered by the existing retirement eligibility waiver, clarifying how future equity awards will vest in connection with retirement.

Rhea-AI Summary

Prologis, Inc. (PLD) reported a leadership change, announcing that Damon Austin will become Chief Development Officer effective January 1, 2026. This role focuses on overseeing development activities across the company’s global logistics real estate portfolio.

Mr. Austin, age 47, has been with Prologis since 2015. He has served as Managing Director, Global Head of Customer Led Development since January 1, 2023, after previously leading Customer Led Development of the Americas from 2021 to 2023 and Capital Deployment for the West Region from 2018 to 2021. The update is a governance and management disclosure and does not include financial performance information.

Rhea-AI Summary

Prologis, L.P. priced an offering of C$700,000,000 aggregate principal amount of 3.600% senior unsecured notes due February 15, 2032. Closing is expected on October 27, 2025. The notes were sold to underwriters Scotia Capital Inc. and TD Securities Inc. under an effective shelf registration.

Net proceeds are estimated at approximately C$693.6 million, which the company intends to use for general corporate purposes, including repayment of borrowings under global lines of credit, a Canadian dollar secured mortgage loan and possibly other debt. The notes are redeemable at the issuer’s option at the greater of par or a make-whole amount before December 15, 2031, and at par on or after that date. The indenture includes customary limitations on additional indebtedness and certain mergers or asset sales.

Rhea-AI Summary

Prologis, Inc. (PLD) and Prologis, L.P. furnished an update on October 15, 2025, announcing that Prologis issued a press release detailing third quarter 2025 financial results. The materials were provided under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure).

The information is furnished, not filed, and is not incorporated by reference unless specifically stated. The filing includes Exhibit 99.1 (supplemental information) and Exhibit 99.2 (press release) dated October 15, 2025.

Rhea-AI Summary

Prologis, Inc. filed an 8-K dated September 22, 2025, that furnishes forms and related documents for two series of senior notes and related legal opinions and consents. The filing includes the form of 3.250% Notes due 2032, the form of 3.875% Notes due 2037 and a form of Officers' Certificate related to the 2037 notes. It also attaches an opinion of Mayer Brown LLP regarding the notes and Mayer Brown's consent. The filing is signed by David Malinger, Senior Vice President and Assistant Secretary, on behalf of Prologis, Inc. and Prologis, L.P.

Rhea-AI Summary

Prologis, Inc. announced that Lori Palazzolo will retire as Chief Accounting Officer effective April 1, 2026 and will serve thereafter as a senior advisor to help with the transition. The company named Trisha Burns, age 44, as Chief Accounting Officer effective the same date. Ms. Burns has served as Senior Vice President, Global Accounting and Financial Reporting since January 1, 2025 and previously held roles at Prologis since 2010, including Senior Vice President, Corporate Accounting and Reporting from July 2018 to January 2025. The filing is an 8-K disclosing these officer changes and includes customary signatures from the company’s Chief Legal Officer.