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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider FOTIADES GEORGE L

Role null

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units-NQDC	1,695	$0.00	--

Holdings After Transaction: Deferred Stock Units-NQDC — 47,614.52 shares (Direct, null)

Footnotes (1)

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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"

dividend equivalent units financial

"DSUs earn dividend equivalent units (DEUs) when dividends are paid"

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"

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^*

FOTIADES GEORGE L

(Last) (First) (Middle)

C/O PROLOGIS, INC., PIER 1, BAY 1

(Street)

SAN FRANCISCO CALIFORNIA 94111

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

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

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

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

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
Deferred Stock Units-NQDC	$0	04/28/2026	04/28/2026	A		1,695		(1)	(1)	Common Stock	1,695	$0.00	47,614.5195	D

Explanation of Responses:

1. 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.

	/s/ Tammy Colvocoresses, Attorney-in-Fact for George L Fotiades	04/30/2026
	** 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.
* Form 4: SEC 1474 (03-26)

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.

What is the Prologis (PLD) director’s total deferred stock and related units after this grant?

Following the April 28, 2026 grant, George L. Fotiades holds a total of 47,614.5195 Deferred Stock Units and dividend equivalent units. This figure reflects his entire direct balance of DSUs and related accruals as reported in the Form 4 filing’s post-transaction holdings column.