Prologis grants 10,779 LTIP Units to CFO Arndt
Arndt Timothy D reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Arndt Timothy D reported acquisition or exercise transactions in this Form 4 filing.
Prologis, Inc. Chief Financial Officer Timothy D. Arndt received a grant of 10,779 LTIP Units of Prologis, L.P. on July 14, 2026 at $0.0100 per unit. The LTIP Units vest in four 25% annual installments from July 14, 2027 through July 14, 2030, subject to continued employment. Each vested LTIP Unit is convertible into a Common Unit, which may be redeemed for cash equal to the fair market value of a share of Common Stock, or, at the company’s election, one share of Common Stock. Following the award, Arndt directly holds 301,021 LTIP Units.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | LTIP Units F1, F2 | 10,779 | $0.01 | $107.79 |
Footnotes (2)
- F1. Represents LTIP Units of Prologis, L.P. (the "LTIP Units") which vest 25% on each of 7/14/2027, 7/14/2028, 7/14/2029 and 7/14/2030 subject to continued employment. The LTIP Units were issued to the reporting person pursuant to the Prologis, Inc. 2020 Long-Term Incentive Plan (the "2020 LTIP").
- F2. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each vested LTIP Unit may be converted, at the election of the holder, into a common unit of limited partnership interest in Prologis, L.P. (a "Common Unit"). Each Common Unit acquired upon conversion of a vested LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of a share of Common Stock of the Company (the "Common Stock"), except that the Company may, at its election, acquire each Common Unit so presented for one share of Common Stock. The rights to convert vested LTIP Units into Common Units and redeem Common Units have no expiration dates.
Key Figures
Key Terms
LTIP Units financial
Prologis, L.P. financial
Common Unit financial
2020 Long-Term Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Prologis (PLD) report for CFO Timothy D. Arndt?
What is the vesting schedule for the 10,779 LTIP Units granted to the Prologis (PLD) CFO?
How can the LTIP Units reported for Prologis (PLD) CFO ultimately translate into Common Stock?
Do the conversion and redemption rights on the Prologis (PLD) LTIP Units have an expiration date?
What is the total LTIP Unit holding of the Prologis (PLD) CFO after this Form 4 transaction?
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