Director at Prologis (NYSE: PLD) receives 1,695 deferred stock units award
Rhea-AI Filing Summary
FOTIADES GEORGE L reported acquisition or exercise transactions in this Form 4 filing.
Prologis, Inc. director George L. Fotiades received a grant of 1,695 Deferred Stock Units (DSUs) on April 28, 2026 at $0.00 per unit. These DSUs 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. DSUs earn dividend equivalent units when dividends are paid on Prologis common stock and, together with accrued units, are convertible into common stock on a 1-for-1 basis. After this grant, Fotiades directly holds 47,614.5195 DSUs and related units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FOTIADES GEORGE L
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 — 47,614.5195 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
Deferred stock units granted: 1,695 units
Grant price per unit: $0.00 per unit
Post-grant DSU and DEU balance: 47,614.5195 units
+2 more
5 metrics
Deferred stock units granted
1,695 units
Grant to director on April 28, 2026
Grant price per unit
$0.00 per unit
Compensation award, not market purchase
Post-grant DSU and DEU balance
47,614.5195 units
Director’s direct holdings after transaction
Deferral date
April 28, 2029
General settlement date under NQDC 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, DEUs, +1 more
5 terms
Deferred Stock Units financial
"Deferred Stock Units (DSUs) granted April 28, 2026, which vest 100%"
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
"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"
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.
DEUs financial
"DSUs earn dividend equivalent units (DEUs) when dividends are paid"
1-for-1 basis financial
"DSUs and accrued DEUs are convertible into Prologis common stock on a 1-for-1 basis"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Prologis (PLD) disclose about George L. Fotiades in this Form 4?
Prologis disclosed that director George L. Fotiades received 1,695 Deferred Stock Units on April 28, 2026. These units were granted at no cost, vest fully after one year or the next annual meeting, and are deferred under the company’s Nonqualified Deferred Compensation Plan until April 28, 2029.
How many deferred stock units did the Prologis (PLD) director receive and at what price?
George L. Fotiades received 1,695 Deferred Stock Units at a grant price of $0.00 per unit. These units represent a stock-based compensation award, not a market purchase, and will convert into Prologis common shares on a 1-for-1 basis once settlement conditions are met.
When do the granted deferred stock units for the Prologis (PLD) director vest?
The 1,695 Deferred Stock Units granted to George L. Fotiades vest 100% on the earlier of the first anniversary of the April 28, 2026 grant date or the first annual meeting of Prologis stockholders that occurs after that grant date, creating a clear, time-based vesting trigger.
When will the Prologis (PLD) director’s deferred stock units generally be settled?
The Deferred Stock Units granted to George L. Fotiades are generally deferred until April 28, 2029. At settlement, the DSUs and any dividend equivalent units convert into Prologis common stock on a 1-for-1 basis, delivering actual shares instead of cash to the director.
Do Prologis (PLD) deferred stock units earn dividends for the director?
Yes. The Deferred Stock Units earn dividend equivalent units when Prologis pays dividends on its common stock. These dividend equivalent units accumulate alongside the original DSUs and, together, are convertible into Prologis common shares on a 1-for-1 basis at the time of settlement.