Prologis (PLD) Form 4: 25,000-Share Sale by Chief Accounting Officer

Rhea-AI Filing Summary

Prologis insider transaction: Lori A. Palazzolo, listed as Chief Accounting Officer/MD, sold 25,000 shares of Prologis, Inc. (PLD) on 08/26/2025 at a weighted-average price of $111.3286 per share. After the sale the filing reports 414 shares held directly and 235.77 shares held indirectly through the company 401(k) plan (as of June 30, 2025). The sale was executed in multiple transactions at prices ranging from $111.04 to $111.66; the filing is signed by an attorney-in-fact on 08/27/2025.

Positive

• Full disclosure of transaction details including weighted-average price and price range for the multiple trades
• Post-sale beneficial ownership reported for both direct and indirect holdings (401(k))
• Form signed by authorized attorney-in-fact, indicating an executed filing process

Negative

• Officer sold 25,000 shares, reducing direct holdings to 414 shares
• Indirect holdings are small and fractional (235.77 shares) as reported from the 401(k) plan

Insights

Financial Analyst

TL;DR: Insider sold 25,000 PLD shares at a weighted average ~$111.33; filing discloses prices and post-sale holdings.

The Form 4 shows a disclosed sale of 25,000 common shares by Lori A. Palazzolo on 08/26/2025 at a weighted-average price of $111.3286, with execution prices between $111.04 and $111.66. Post-transaction beneficial ownership is reported as 414 shares direct and 235.77 shares indirect via the 401(k) plan. The filing includes an explanation of the weighted-average price and indicates recordkeeping transparency. From a trading-impact perspective the form provides requisite details but does not indicate any derivative activity or additional transfers.

Corporate Governance Expert

TL;DR: Disclosure is complete for the reported sale; signature by attorney-in-fact is noted.

The submission identifies the reporting person, relationship to the issuer (Chief Accounting Officer/MD), transaction date, amounts sold, and the weighted-average sale price range. It also documents the portion of holdings held indirectly in the company 401(k) plan as of June 30, 2025. The Form 4 is signed by an attorney-in-fact, consistent with authorized filing practice. The filing does not include any indication of a Rule 10b5-1 plan or other planned trading arrangement.

SEC Form 4

FORM 4

UNITED 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^*

Palazzolo Lori A

(Last) (First) (Middle)

C/O PROLOGIS, INC., PIER 1, BAY 1

(Street)

SAN FRANCISCO CA 94111

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Prologis, Inc. [ PLD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer/MD

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/26/2025	08/26/2025	S		25,000	D	$111.3286(1)	414	D
Common Stock								235.77(2)	I	By 401(k) Plan

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.04 to $111.66. The reporting person undertakes to provide to Prologis, Inc., any security holder of Prologis, Inc., or the staff of the Securities and Exchange Commssion, upon request, full information regardnig the number of shares sold at each price.

2. Represents shares held in the company's 401(k) Plan as of June 30, 2025.

	/s/ Tammy Colvocoresses Attorney-In-Fact for Lori A. Palazzolo	08/27/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did Lori A. Palazzolo (PLD) do on 08/26/2025?

She sold 25,000 shares of Prologis common stock on 08/26/2025 at a weighted-average price of $111.3286 per share.

How many Prologis shares does the reporting person own after the sale?

414 shares directly and 235.77 shares indirectly via the company 401(k) plan are reported as beneficially owned following the transaction.

What price range were the shares sold at?

Execution prices ranged from $111.04 to $111.66; the filing reports a weighted-average price of $111.3286.

Does the Form 4 show any derivative transactions or 10b5-1 plan indication?

No derivative securities are reported in Table II, and the filing does not indicate that the sale was pursuant to a Rule 10b5-1 trading plan.

Who signed the Form 4 filing?

The form was signed by Tammy Colvocoresses as Attorney-In-Fact for Lori A. Palazzolo on 08/27/2025.