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Prologis (PLD) awards 6,498 LTIP Units to Chief Legal Officer Briones

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Prologis, Inc. reported that Chief Legal Officer and General Counsel Deborah K. Briones received a grant of 6,498 LTIP Units of Prologis, L.P. on July 14, 2026 at $0.01 per unit. These LTIP Units vest 25% each on July 14, 2027, 2028, 2029 and 2030, subject to continued employment under the Prologis, Inc. 2020 Long-Term Incentive Plan. Once vested and subject to tax capital account conditions, each LTIP Unit can be converted into a partnership Common Unit, which the holder may redeem for cash equal to the then fair market value of a Prologis common share or, at the company’s election, one share of common stock; these conversion and redemption rights have no expiration. Following this award, Briones directly holds 136,029 LTIP Units.

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Insider Briones Deborah K
Role Chief Legal Officer/GC
Type Security Shares Price Value
Grant/Award LTIP Units 6,498 $0.01 $64.98
Holdings After Transaction: LTIP Units — 136,029 shares (Direct)
Footnotes (1)
  1. 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"). 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.
LTIP Units granted 6,498 LTIP Units Award to Chief Legal Officer on July 14, 2026
Grant price per LTIP Unit $0.01 Price per LTIP Unit for the July 14, 2026 award
LTIP Units after transaction 136,029 LTIP Units Total LTIP Units directly held by Deborah K. Briones after the grant
Vesting percentage per tranche 25% Each of four vesting dates: 7/14/2027, 7/14/2028, 7/14/2029, 7/14/2030
Conversion price of LTIP Units $0.00 Conversion or exercise price stated for LTIP Units
LTIP Units financial
"Represents LTIP Units of Prologis, L.P. (the "LTIP Units") which vest 25% on each"
LTIP units are awards given to executives and employees as part of a long-term incentive plan; they act like deferred bonuses that convert into company shares or cash only if the business meets set performance or time requirements. Investors care because LTIP units tie management pay to future results, can increase the number of outstanding shares (dilution) when they vest, and create ongoing compensation expense that can affect earnings and shareholder value.
Prologis, L.P. financial
"Represents LTIP Units of Prologis, L.P. (the "LTIP Units") which vest 25%"
Common Unit financial
"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")"
A common unit is a single piece of ownership in a company, fund, or trust—similar to an ordinary share but often used for pooled vehicles or listings where securities are packaged or governed differently. It matters to investors because each unit represents a claim on profits and, commonly, voting power; like holding a seat at a table, the number of units you own affects your share of returns and influence, and unit structures can also affect liquidity and tax treatment.
capital accounts financial
"Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes"
2020 Long-Term Incentive Plan financial
"The LTIP Units were issued to the reporting person pursuant to the Prologis, Inc. 2020 Long-Term Incentive Plan (the "2020 LTIP")."

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FAQ

What insider transaction did Prologis (PLD) report for Deborah K. Briones?

Prologis reported that Chief Legal Officer Deborah K. Briones received a grant of 6,498 LTIP Units of Prologis, L.P. on July 14, 2026. The award is part of the company’s 2020 Long-Term Incentive Plan and represents compensation, not an open-market stock purchase.

What is the vesting schedule for Deborah K. Briones’s new LTIP Units at Prologis (PLD)?

The 6,498 LTIP Units granted to Deborah K. Briones vest in four equal installments of 25% each. Vesting occurs on July 14, 2027, 2028, 2029 and 2030, and is conditioned on her continued employment with Prologis over that period.

How many LTIP Units does Deborah K. Briones hold after this Prologis (PLD) Form 4 transaction?

After the July 14, 2026 grant, Deborah K. Briones directly holds a total of 136,029 LTIP Units of Prologis, L.P. This figure includes the newly awarded 6,498 LTIP Units and reflects her post-transaction derivative equity position reported in the filing.

What can Prologis (PLD) LTIP Units granted to Deborah K. Briones be converted into?

Once vested and subject to tax capital account conditions, each LTIP Unit may be converted into a Common Unit of Prologis, L.P. Each Common Unit can then be redeemed for cash equal to the fair market value of one Prologis common share, or, at the company’s election, one share of common stock.

Do Deborah K. Briones’s Prologis (PLD) LTIP Units have an expiration date on conversion or redemption rights?

The rights to convert vested LTIP Units into Common Units and to redeem those Common Units have no expiration dates. This means the conversion and redemption features remain available to the holder indefinitely, subject to the stated conditions in the plan terms.

Under which plan were the new LTIP Units granted to Deborah K. Briones at Prologis (PLD)?

The 6,498 LTIP Units awarded to Deborah K. Briones were issued pursuant to the Prologis, Inc. 2020 Long-Term Incentive Plan. This plan governs the vesting, conversion, and other terms of the LTIP Units granted to eligible participants, including senior executives.
SEC Form 4
FORM 4UNITED 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*
Briones Deborah K

(Last)(First)(Middle)
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer/GC
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
LTIP Units(1)$007/14/2026A6,498 (2) (2)Common Stock6,498$0.01136,029D
Explanation of Responses:
1. 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").
2. 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.
/s/ Tammy Colvocoresses Attorney-In-Fact for Deborah K. Briones07/16/2026
** Signature of Reporting PersonDate
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)