[Form 4/A] Prologis, Inc. Amended Insider Trading Activity

Rhea-AI Filing Summary

Prologis, Inc. Chief Operating Officer Andrus Carter amended a prior insider report to correct the transaction code on a recent equity award event. The filing now classifies the 25,106 LTIP Units transaction as an exercise or conversion of a derivative security rather than an award.

The LTIP Units of Prologis, L.P. were converted into common units and then redeemed for cash, with no exercisable or expiration date on the units. Following this transaction, Carter holds 148,201 LTIP Units directly, indicating this is primarily a technical correction and a routine compensation-related adjustment rather than an open‑market trade.

Insights

Insider transactions analyst

Routine correction to a prior Form 4, reclassifying a compensation-related conversion with no open-market trading.

The amendment re-labels the COO’s transaction from an "A" (award) to an "M" (exercise or conversion), aligning it with the actual mechanics of converting LTIP Units into common units and redeeming them for cash. No economic terms were changed.

The transaction covers 25,106 LTIP Units, leaving the officer with 148,201 LTIP Units afterward, so the filing mainly improves classification accuracy. Because there is no open-market buying or selling, the signal for outside investors is limited and largely administrative.

Insider Trade Summary

25,106 shares exercised/converted

Mixed 1 txn

Insider Andrus Carter

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Exercise	LTIP Units	25,106	$0.01	$251.06

Holdings After Transaction: LTIP Units — 148,201 shares (Direct)

Footnotes (1)

1. This Form 4 is being amended to correct the transaction code reported in Table II from 'A' to 'M' to properly reflect the transaction. No other changes have been made to the original filing. Conversion of LTIP Units (the "LTIP Units") of Prologis, L.P. into common units of Prologis, L.P. (the "Common Units") and redemption of Common Units for cash. The units have no exercisable date or expiration date.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Andrus Carter

(Last) (First) (Middle)

PIER 1, BAY 1

(Street)

SAN FRANCISCO CA 94111

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Prologis, Inc. [ PLD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
LTIP Units	$0.00	03/09/2026	03/09/2026	M(1)			25,106	(2)	(2)	Common Stock	25,106	$0.01	148,201	D

Explanation of Responses:

1. This Form 4 is being amended to correct the transaction code reported in Table II from 'A' to 'M' to properly reflect the transaction. No other changes have been made to the original filing.

2. Conversion of LTIP Units (the "LTIP Units") of Prologis, L.P. into common units of Prologis, L.P. (the "Common Units") and redemption of Common Units for cash. The units have no exercisable date or expiration date.

	/s/ Tammy Colvocoresses Attorney-In-Fact for Carter Andrus	03/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.