Small Prologis (NYSE: PLD) director trades done in broker-run accounts

Rhea-AI Filing Summary

Prologis, Inc. director Sarah A. Slusser reported a series of small trades in Prologis common stock, mainly open-market sales. The filing shows five sales totaling 111 shares and one 13-share open-market purchase, resulting in a net reduction of 98 shares and 11 shares held directly.

According to a footnote, these trades were executed in broker-managed discretionary accounts without her knowledge, and the reports were filed late because she was unaware when the trades occurred. She has agreed to voluntarily disgorge to Prologis a de minimis amount representing all statutory Section 16(b) “profits” from these transactions.

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

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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^*

Slusser Sarah A

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2025

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	05/14/2025		P		13	A	$107.34	122	D
Common Stock(1)	07/10/2025		S		19	D	$108.58	103	D
Common Stock(1)	07/14/2025		S		22	D	$108.63	81	D
Common Stock(1)	10/08/2025		S		18	D	$115.87	63	D
Common Stock(1)	10/09/2025		S		42	D	$114.69	21	D
Common Stock(1)	01/28/2026		S		10	D	$127.57	11	D

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 transactions reported were executed in broker-managed discretionary accounts without the reporting person's knowledge. The reporting of these transactions was untimely because the reporting person did not become aware of the transactions at the time they occurred. The reporting person has agreed to voluntarily disgorge to Prologis, Inc. a de minimis amount, which represents all statutory "profits" pursuant to Section 16(b) of the Securities Exchange Act of 1934, as amended, that resulted from the transactions reported herein.

	/s/ Tammy Colvocoresses, Attorney-in-Fact for Sarah A. Slusser	03/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider trades did Prologis (PLD) director Sarah Slusser report?

Sarah Slusser reported six small Prologis (PLD) common stock trades, including five open-market sales totaling 111 shares and one 13-share open-market purchase. After these transactions, she directly held 11 shares, according to the Form 4 transaction data.

When did the reported Prologis (PLD) insider trades by Sarah Slusser occur?

The Form 4 shows trades dated May 14, 2025; July 10, 2025; July 14, 2025; October 8, 2025; October 9, 2025; and January 28, 2026. All involved Prologis (PLD) common stock in small share amounts.

Were the Prologis (PLD) insider trades made with Sarah Slusser’s knowledge?

A footnote states the trades occurred in broker-managed discretionary accounts without Sarah Slusser’s knowledge. She became aware only after execution, which caused the reports to be filed late according to the disclosure in the Form 4 filing.

How many Prologis (PLD) shares did Sarah Slusser hold after the reported trades?

Each transaction record lists her direct holdings after the trade. Following the most recent trade on January 28, 2026, the Form 4 reports that Sarah Slusser directly held 11 shares of Prologis (PLD) common stock.

Did Sarah Slusser realize statutory profits from her Prologis (PLD) trades?

The footnote explains she agreed to voluntarily disgorge to Prologis, Inc. a de minimis amount. This amount represents all statutory “profits” under Section 16(b) of the Securities Exchange Act of 1934 resulting from the trades reported in this Form 4.

Were the Prologis (PLD) insider trades primarily buys or sells?

The summarized data shows one open-market purchase of 13 shares and five open-market sales totaling 111 shares. Overall, this created a net-sell position of 98 shares in Prologis (PLD) common stock for director Sarah Slusser over the reported period.