Prologis (PLD) director receives 221.2394 deferred dividend units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Prologis, Inc. director David P. O'Connor reported an acquisition of 221.2394 Dividend Equivalent Units (DEUs) tied to Deferred Stock Units (DSUs) under the company's Nonqualified Deferred Compensation Plan. These DEUs accrue at the Prologis common stock dividend rate and are deferred along with the underlying DSUs.
The DEUs and related DSUs vest 100% on the earlier of the first anniversary of the grant date or the first annual meeting of stockholders after the grant date. They are ultimately paid in Prologis common stock on a one-for-one basis. After this award, O'Connor held a total of 28,231.7997 DSUs and DEUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
OCONNOR DAVID P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Units - NQDC | 221.239 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Units - NQDC — 28,231.8 shares (Direct, null)
Footnotes (1)
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Key Figures
Dividend Equivalent Units granted: 221.2394 units
Total DSUs and DEUs after transaction: 28,231.7997 units
Transaction price per unit: $0.0000 per unit
+1 more
4 metrics
Dividend Equivalent Units granted
221.2394 units
Grant of DEUs on DSUs for board service on 2026-06-30
Total DSUs and DEUs after transaction
28,231.7997 units
Holdings following reported acquisition
Transaction price per unit
$0.0000 per unit
Grant, award, or other acquisition of DEUs
Underlying security
221.2394 common shares
Each DEU payable in one Prologis common share
Key Terms
Dividend Equivalent Units (DEUs), Deferred Stock Units (DSUs), Nonqualified Deferred Compensation Plan, annual meeting of the stockholders
4 terms
Dividend Equivalent Units (DEUs) financial
"Represents Dividend Equivalent Units (DEUs) earned on Deferred Stock Units (DSUs) associated with current service on our board"
Deferred Stock Units (DSUs) financial
"Represents Dividend Equivalent Units (DEUs) earned on Deferred Stock Units (DSUs) associated with current service on our board"
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 financial
"deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (the NQDC Plan)"
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.
annual meeting of the stockholders financial
"vest 100% on the earlier of the first anniversary of the grant date or the first annual meeting of the stockholders of Prologis"
FAQ
What insider transaction did Prologis (PLD) director David P. O'Connor report?
David P. O'Connor reported receiving 221.2394 Dividend Equivalent Units (DEUs) linked to Deferred Stock Units under Prologis’ Nonqualified Deferred Compensation Plan. This was a compensation-related grant at a price of $0.0000 per unit, not an open-market stock purchase or sale.
How many Prologis units does David P. O'Connor hold after this Form 4?
Following the reported grant, David P. O'Connor held a total of 28,231.7997 Deferred Stock Units and Dividend Equivalent Units. This balance reflects his accumulated board-related deferred compensation, which will ultimately be settled in Prologis common stock on a one-for-one basis.
What are Dividend Equivalent Units (DEUs) in the Prologis (PLD) Form 4 filing?
Dividend Equivalent Units are credits that accrue on outstanding Deferred Stock Units at the Prologis common stock dividend rate when dividends are paid. In this filing, 221.2394 DEUs were earned on DSUs associated with current board service and are deferred under the Nonqualified Deferred Compensation Plan.
How and when do Prologis Deferred Stock Units (DSUs) and DEUs vest?
The DSUs and related DEUs vest 100% on the earlier of the first anniversary of the grant date or the first annual meeting of stockholders after the grant date. This schedule generally results in vesting around the company’s annual meeting, typically held in May each year.
How are Prologis DSUs and DEUs ultimately paid to the director?
DSUs and DEUs are paid in the form of Prologis common stock at a rate of one common share per DSU or DEU. The receipt of these DEUs is deferred along with the underlying DSUs, so payment occurs in stock at a future distribution event specified by the plan.
Was the Prologis (PLD) Form 4 transaction a market buy or sell of common stock?
The reported transaction was a grant of 221.2394 Dividend Equivalent Units with a transaction price of $0.0000 per unit. It is described as a grant, award, or other acquisition related to deferred compensation, not an open-market purchase or sale of Prologis common shares.