Prologis director receives dividend equivalent units
Slusser Sarah A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Slusser Sarah A reported acquisition or exercise transactions in this Form 4 filing.
Prologis, Inc. director Sarah A. Slusser reported an award of 31.9835 Dividend Equivalent Units (DEUs) tied to her deferred board compensation. These units were credited on nonqualified deferred compensation and are linked to existing Deferred Stock Units (DSUs) that track Prologis common stock dividends.
Following this grant, Slusser holds a total of 4,081.3366 DSUs and DEUs directly. Both DSUs and DEUs vest fully on the earlier of the first anniversary of the grant date or the first annual stockholders’ meeting after the grant, and are ultimately settled in Prologis common stock on a one-for-one basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 31.9835 shares
Grant/Award
1 txn
Insider
Slusser Sarah A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Units-NQDC | 31.9835 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Units-NQDC — 4,081.3366 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: 31.9835 units
Total DSUs and DEUs after transaction: 4,081.3366 units
Transaction price per unit: $0.0000 per unit
3 metrics
Dividend Equivalent Units granted
31.9835 units
Award of DEUs on deferred board compensation
Total DSUs and DEUs after transaction
4,081.3366 units
Holdings following reported Form 4 transaction
Transaction price per unit
$0.0000 per unit
Grant of non-cash Dividend Equivalent Units
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
"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 insider transaction did Prologis (PLD) director Sarah A. Slusser report?
Sarah A. Slusser reported receiving 31.9835 Dividend Equivalent Units (DEUs) as part of her deferred board compensation. These units accrue based on Prologis common stock dividends and are linked to existing Deferred Stock Units that will be paid out in Prologis common shares.
How many deferred units does Sarah A. Slusser hold after this Prologis (PLD) Form 4?
After this transaction, Sarah A. Slusser holds 4,081.3366 Deferred Stock Units and Dividend Equivalent Units in total. These units are part of her nonqualified deferred compensation and will eventually be settled in Prologis common stock on a one-for-one basis.
What are Dividend Equivalent Units (DEUs) in the Prologis (PLD) Nonqualified Deferred Compensation Plan?
Dividend Equivalent Units, or DEUs, are credits earned on outstanding Deferred Stock Units under Prologis’ Nonqualified Deferred Compensation Plan. They accrue at the Prologis common stock dividend rate, mirror dividends paid on the stock, and are later settled in Prologis common shares, one share per unit.
When do Sarah A. Slusser’s Prologis (PLD) DSUs and DEUs vest?
Her Deferred Stock Units and related Dividend Equivalent Units vest 100% on the earlier of the first anniversary of the grant date or the first annual Prologis stockholders’ meeting after the grant date. This schedule generally results in full vesting around the following May each year.
How are Prologis (PLD) DSUs and DEUs ultimately paid to Sarah A. Slusser?
Deferred Stock Units and Dividend Equivalent Units are paid in Prologis common stock. Each DSU or DEU converts into one share of Prologis common stock upon distribution, aligning the director’s deferred board compensation with long-term shareholder value in the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
