Prologis director awarded dividend equivalent units
Piani Olivier reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Piani Olivier reported acquisition or exercise transactions in this Form 4 filing.
Prologis, Inc. director Olivier Piani received a routine compensation-related grant of dividend equivalent units under the company’s nonqualified deferred compensation plan. The award covers 49.5754 dividend equivalent units tied to Prologis common stock, bringing his total deferred stock and dividend equivalent units to 6,326.1932.
These units accrue based on the Prologis common stock dividend rate and are deferred together with previously granted deferred stock units, to be settled in Prologis common shares according to the plan’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 49.5754 shares
Grant/Award
1 txn
Insider
Piani Olivier
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Units - NQDC | 49.5754 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Units - NQDC — 6,326.1932 contracts (Direct)
Footnotes (1)
- F1. Represents Dividend Equivalent Units (DEUs) earned on Deferred Stock Units (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.
Key Figures
Dividend equivalent units granted: 49.5754 units
Grant price per unit: $0.0000
Total units after transaction: 6,326.1932 units
+1 more
4 metrics
Dividend equivalent units granted
49.5754 units
Grant of DEUs on 2026-06-30
Grant price per unit
$0.0000
DEU award under NQDC plan
Total units after transaction
6,326.1932 units
Deferred stock and dividend equivalent units held
Underlying common stock
49.5754 shares
Common stock underlying this DEU grant
Key Terms
Dividend Equivalent Units (DEUs), Deferred Stock Units (DSUs), Nonqualified Deferred Compensation Plan, Prologis common stock dividend rate
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
"that are 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.
Prologis common stock dividend rate financial
"DEUs accrue on outstanding DSUs at the Prologis common stock dividend rate at the time dividends are paid"
FAQ
What did Prologis (PLD) director Olivier Piani report in this Form 4?
Director Olivier Piani reported receiving 49.5754 dividend equivalent units as compensation. These units accrue on existing deferred stock units and are payable in Prologis common stock under the company’s nonqualified deferred compensation plan at a later settlement date.
How many deferred and dividend equivalent units does Olivier Piani now hold in Prologis (PLD)?
After this transaction, Olivier Piani holds a total of 6,326.1932 deferred stock units and dividend equivalent units. These awards represent deferred compensation that will ultimately be settled in shares of Prologis common stock according to the plan’s vesting and payment terms.
What are Dividend Equivalent Units (DEUs) in the Prologis (PLD) plan?
Dividend Equivalent Units are bookkeeping units that mirror dividends on Prologis common stock for deferred stock units. They accrue at the common stock dividend rate and are ultimately paid in Prologis shares, at one common share for each deferred stock unit or dividend equivalent unit under the plan.
How do DEUs for Prologis (PLD) directors vest and pay out?
DEUs and their underlying deferred stock units vest 100% on the earlier of the first anniversary of the grant date or the first annual shareholder meeting after the grant date. Once vested, they are paid in Prologis common stock, one share for each vested unit, at distribution.
Is this Prologis (PLD) Form 4 transaction an open-market stock purchase or sale?
The filing shows a grant of 49.5754 dividend equivalent units at a price of $0.0000 per unit. It is a compensation-related award under a nonqualified deferred compensation plan, not an open-market purchase or sale of Prologis common stock on an exchange.
AI-generated analysis. How Rhea-AI works. Not financial advice.
