Prologis (PLD) board member granted 1,695 deferred stock units
Rhea-AI Filing Summary
Slusser Sarah A reported acquisition or exercise transactions in this Form 4 filing.
Prologis, Inc. director Sarah A. Slusser received a grant of 1,695 Deferred Stock Units (DSUs) as compensation. The DSUs were granted on April 28, 2026 and vest 100% on the earlier of the first anniversary of the grant date or the first annual stockholder meeting after that date.
The DSUs are generally deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan until April 28, 2029. They earn dividend equivalent units (DEUs) when dividends are paid on Prologis common stock, and DSUs plus DEUs are convertible into Prologis common stock on a 1-for-1 basis. After this award, Slusser holds a total of 4,049.3531 DSUs and DEUs.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Slusser Sarah A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units-NQDC | 1,695 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units-NQDC — 4,049.3531 shares (Direct)
Footnotes (1)
- F1. Deferred Stock Units (DSUs) granted April 28, 2026, which vest 100% on the earlier of the first anniversary of the grant date, or the first annual meeting of the stockholders of Prologis that occurs after the grant date, and generally, are deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan until April 28, 2029. DSUs earn dividend equivalent units (DEUs) when dividends are paid with respect to Prologis common stock and have no exercisable or expiration date. DSUs and accrued DEUs are convertible into Prologis common stock on a 1-for-1 basis. Balance in column 9 includes DSUs and DEUs.
Key Figures
DSUs granted: 1,695 units
Holdings after transaction: 4,049.3531 units
Deferral end date: April 28, 2029
+1 more
4 metrics
DSUs granted
1,695 units
Deferred Stock Units granted April 28, 2026
Holdings after transaction
4,049.3531 units
Total DSUs and DEUs following award
Deferral end date
April 28, 2029
DSUs generally deferred under Nonqualified Deferred Compensation Plan
Conversion ratio
1-for-1
DSUs and DEUs to Prologis common stock
Key Terms
Deferred Stock Units, Nonqualified Deferred Compensation Plan, dividend equivalent units, DSUs, +1 more
5 terms
Deferred Stock Units financial
"Deferred Stock Units (DSUs) granted April 28, 2026, which vest 100% on the earlier of the first anniversary"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Nonqualified Deferred Compensation Plan financial
"and generally, are deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan until April 28, 2029."
A nonqualified deferred compensation plan is an arrangement where an employer lets select employees postpone receiving part of their pay or bonuses until a future date, often at retirement, so taxes are paid later. It matters to investors because these payouts are typically unsecured promises by the company—like an internal IOU—so they create future cash obligations and expose the company to extra liability risk if the business falters, and they also reveal how executives are being paid and motivated.
dividend equivalent units financial
"DSUs earn dividend equivalent units (DEUs) when dividends are paid with respect to Prologis common stock"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
DSUs financial
"DSUs and accrued DEUs are convertible into Prologis common stock on a 1-for-1 basis."
DSUs, or Deferred Share Units, are a form of long-term pay where employees or directors receive a promise of company shares or cash at a later date instead of immediate salary. Think of them as an IOU for future stock that vests over time and converts into actual shares or cash, so they matter to investors because they can increase the number of outstanding shares (dilution) and reveal how management’s pay is tied to company performance.
DEUs financial
"Balance in column 9 includes DSUs and DEUs."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Prologis (PLD) director Sarah A. Slusser receive in this Form 4 filing?
Sarah A. Slusser received 1,695 Deferred Stock Units (DSUs) as a compensation award. These DSUs represent the right to receive Prologis common stock in the future, subject to vesting and deferral terms under the company’s nonqualified deferred compensation plan.
When do Sarah A. Slusser’s newly granted Prologis DSUs vest?
The 1,695 Prologis DSUs vest 100% on the earlier of the first anniversary of the April 28, 2026 grant date or the first annual Prologis stockholders’ meeting after that date. Full vesting is required before the DSUs can be settled into common shares.
How long are Prologis (PLD) director DSUs deferred under this award?
The DSUs granted to Sarah A. Slusser are generally deferred until April 28, 2029 under the Prologis, Inc. Nonqualified Deferred Compensation Plan. This means settlement into common stock is delayed, aligning director compensation with longer-term company performance and shareholder outcomes.
How are Prologis DSUs converted into common stock for this Form 4 award?
The DSUs and any accrued dividend equivalent units (DEUs) are convertible into Prologis common stock on a 1-for-1 basis. Each vested DSU, plus related DEUs, results in one share of common stock when ultimately settled, providing equity-based compensation to the director.
Do Prologis DSUs granted to Sarah A. Slusser earn dividends?
The DSUs earn dividend equivalent units (DEUs) whenever Prologis pays dividends on its common stock. These DEUs accumulate alongside the DSUs and are included in the balance, increasing the number of units ultimately convertible into common shares on a 1-for-1 basis.
What is Sarah A. Slusser’s total Prologis DSU and DEU balance after this transaction?
After receiving the 1,695 DSU award, Sarah A. Slusser’s total balance is 4,049.3531 units. This figure includes both previously granted DSUs and accrued dividend equivalent units, all of which are ultimately convertible into Prologis common stock on a 1-for-1 basis.