Prologis director acquires dividend-linked stock units
The dividend equivalent units accrue at Prologis’ common-stock dividend rate and are paid in common stock at one share per unit.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Prologis, Inc. director George L. Fotiades acquired four types of dividend equivalent units on September 30, 2026: 194.5380 tied to pre-merger deferred stock units, 381.5790 tied to deferred stock units under the Nonqualified Deferred Compensation Plan, 128.1377 tied to phantom shares under that plan, and 242.7095 tied to pre-merger phantom shares. Reported balances after these entries were 23,800.9165 and 46,684.5906 units for the deferred-stock-unit entries, including deferred stock units and dividend equivalent units, and 15,677.1093 and 29,694.4800 units for the phantom-share entries, including phantom shares and dividend equivalent units.
Insider Trade Summary
Grant/Award: 946.9642 shares
Grant/Award
4 txns
Insider
FOTIADES GEORGE L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Units (Pre-Merger) F1 | 194.538 | -- | -- |
| Grant/Award | Dividend Equivalent Units - NQDC F2 | 381.579 | -- | -- |
| Grant/Award | Dividend Equivalent Units (Phantom) - NQDC F3 | 128.1377 | -- | -- |
| Grant/Award | Dividend Equivalent Units (Pre-Merger Phantom) F4 | 242.7095 | -- | -- |
Holdings After Transaction:
Dividend Equivalent Units (Pre-Merger) — 23,800.9165 contracts (Direct);
Dividend Equivalent Units - NQDC — 46,684.5906 contracts (Direct);
Dividend Equivalent Units (Phantom) - NQDC — 15,677.1093 contracts (Direct);
Dividend Equivalent Units (Pre-Merger Phantom) — 29,694.48 contracts (Direct)
Footnotes (4)
- F1. Represents Dividend Equivalent Units (DEUs) earned on Deferred Stock Units (DSUs) associated with previous service on the board of ProLogis, our merger partner, and assumed by us in June 2011. DEUs accrue on outstanding DSUs at the Prologis common stock dividend rate at the time dividends are paid on Prologis common stock. DEUs vest upon issuance and the receipt of such DEUs is deferred, as are the underlying DSUs, during the period the reporting person serves as a director. DSUs and DEUs are paid in the form of Prologis common stock at the rate of one common share per DSU or DEU. Balance in column 9 includes DSUs and DEUs.
- F2. Represents DEUs earned on DSUs associated with current service on our board that are deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (the NQDC Plan). DEUs accrue on outstanding DSUs at the Prologis common stock dividend rate at the time dividends are paid on Prologis common stock. DEUs and the underlying DSUs vest 100% on the earlier of the first anniversary of the grant date or the first annual meeting of the stockholders of Prologis after the grant date (generally in May each year). The receipt of such DEUs is deferred along with the underlying DSUs. DSUs and DEUs are paid in the form of Prologis common stock at the rate of one common share per DSU or DEU. Balance in column 9 includes DSUs and DEUs.
- F3. Represents DEUs earned on director fees that the reporting person has elected to defer into phantom shares under the NQDC Plan. These phantom shares are vested upon issuance and accrue DEUs at the Prologis common stock dividend rate at the time dividends are paid on Prologis common stock. Phantom shares and DEUs are paid in the form of Prologis common stock at the rate of one common share per phantom share or DEU in accordance with the deferral election made by the reporting person, or upon termination of service. Balance in column 9 includes phantom shares and DEUs.
- F4. Represents DEUs earned on phantom shares associated with previous service on the board of ProLogis, our merger partner, and assumed by us in June 2011. DEUs accrue on outstanding phantom shares at the Prologis common stock dividend rate at the time dividends are paid on Prologis common stock. DEUs vest upon issuance and the receipt of such DEUs is deferred in accordance with the deferral election made by the reporting person applicable to the underlying phantom shares. Phantom shares and DEUs are paid in the form of Prologis common stock at the rate of one common share per Phantom share or DEU. Balance in column 9 includes phantom shares and DEUs.
Key Figures
Dividend equivalent units tied to pre-merger deferred stock units acquired: 194.5380 units
Reported balance including deferred stock units and dividend equivalent units: 23,800.9165 units
Dividend equivalent units tied to NQDC Plan deferred stock units acquired: 381.5790 units
+5 more
8 metrics
Dividend equivalent units tied to pre-merger deferred stock units acquired
194.5380 units
September 30, 2026
Reported balance including deferred stock units and dividend equivalent units
23,800.9165 units
After the pre-merger deferred-stock-unit entry
Dividend equivalent units tied to NQDC Plan deferred stock units acquired
381.5790 units
September 30, 2026
Reported balance including deferred stock units and dividend equivalent units
46,684.5906 units
After the NQDC Plan deferred-stock-unit entry
Dividend equivalent units tied to NQDC Plan phantom shares acquired
128.1377 units
September 30, 2026
Reported balance including phantom shares and dividend equivalent units
15,677.1093 units
After the NQDC Plan phantom-share entry
Dividend equivalent units tied to pre-merger phantom shares acquired
242.7095 units
September 30, 2026
Reported balance including phantom shares and dividend equivalent units
29,694.4800 units
After the pre-merger phantom-share entry
Key Terms
Dividend Equivalent Units (DEUs), Deferred Stock Units (DSUs), Nonqualified Deferred Compensation Plan (NQDC Plan), phantom shares
4 terms
Dividend Equivalent Units (DEUs) financial
"Dividend Equivalent Units (DEUs) earned on Deferred Stock Units"
Deferred Stock Units (DSUs) financial
"earned on Deferred Stock Units (DSUs)"
Deferred stock units (DSUs) are a form of long-term pay that promises an employee or director future company shares or cash equal to the share value at a later date, usually after leaving the company or at a set vesting time. Think of them as a delayed paycheck tied to the stock: they align recipients’ interests with long-term share performance and matter to investors because they create potential future dilution and signal how management is rewarded and incentivized.
Nonqualified Deferred Compensation Plan (NQDC Plan) financial
"under the Prologis, Inc. Nonqualified Deferred Compensation Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PLD director George L. Fotiades acquire?
George L. Fotiades acquired 194.5380 dividend equivalent units tied to pre-merger deferred stock units, 381.5790 tied to deferred stock units under the Nonqualified Deferred Compensation Plan, 128.1377 tied to phantom shares under that plan, and 242.7095 tied to pre-merger phantom shares on September 30, 2026.
When do PLD deferred stock units under the NQDC Plan vest?
The deferred stock units and dividend equivalent units vest 100% on the earlier of the first anniversary of the grant date or the first annual meeting of Prologis stockholders after the grant date, generally in May each year. Receipt of the dividend equivalent units is deferred along with the underlying deferred stock units.
How are PLD dividend equivalent units paid?
Dividend equivalent units are paid in Prologis common stock at the rate of one common share per unit. They accrue on outstanding deferred stock units at the Prologis common-stock dividend rate when dividends are paid.
AI-generated analysis. How Rhea-AI works. Not financial advice.
