Prologis director converts 2,817 deferred units
Prologis, Inc. (PLD) director Cristina Gabriela Bita reported the conversion of previously deferred equity awards into common stock on September 17, 2026 under the company’s Nonqualified Deferred Compensation Plan.
Rhea-AI Filing Summary
Prologis, Inc. (PLD) director Cristina Gabriela Bita reported the conversion of previously deferred equity awards into common stock on September 17, 2026 under the company’s Nonqualified Deferred Compensation Plan.
The filing shows Deferred Stock Units, Dividend Equivalent Units, and phantom shares converting into Prologis common stock on a 1-for-1 basis with no exercise price or expiration date, consistent with the director’s prior deferral elections, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,816.9576 shares exercised/converted
Exercise
4 txns
Insider
BITA CRISTINA GABRIELA
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Stock Units - NQDC F1 | 1,687.5878 | $0.00 | $0.00 |
| Exercise | Phantom Shares - NQDC F2 | 1,129.3698 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,687 | $0.00 | $0.00 |
| Exercise | Common Stock F2 | 1,128 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units - NQDC — 8,326.4172 contracts (Direct);
Phantom Shares - NQDC — 5,212.4312 contracts (Direct);
Common Stock — 11,023 shares (Direct)
Footnotes (2)
- F1. Conversion of Deferred Stock Units (DSUs) and Dividend Equivalent Units (DEUs) on September 17, 2026 that were deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (the NQDC Plan). Original grant terms provided for release of shares on the earlier of (a) the first anniversary of the Grant Date (May 4, 2023) or (b) the first annual meeting of the stockholders of Prologis following the grant date. DSUs and DEUs convert into Prologis common stock upon release on a 1-for-1 basis and have no exercise price or expiration date.
- F2. Conversion of phantom shares under the Nonqualified Deferred Compensation Plan (the NQDC Plan). Phantom shares and DEUs are paid in the form of Prologis common stock at the rate of one common share per phantom share or DEU in accordance with the deferral election made by the reporting person and have no exercise price or expiration date.
Key Figures
Deferred Stock Units converted: 1,687.5878 units
Phantom shares converted: 1,129.3698 shares
Common Stock received (DSU conversion): 1,687 shares
+5 more
8 metrics
Deferred Stock Units converted
1,687.5878 units
Converted into an equal number of Prologis common shares on September 17, 2026
Phantom shares converted
1,129.3698 shares
Converted into Prologis common stock on September 17, 2026
Common Stock received (DSU conversion)
1,687 shares
Common stock acquired from DSU and DEU conversion on September 17, 2026
Common Stock received (phantom conversion)
1,128 shares
Common stock acquired from phantom share and DEU conversion on September 17, 2026
DSU balance after transaction
8,326.4172 units
Deferred Stock Units remaining under the NQDC Plan after conversions
Phantom share balance after transaction
5,212.4312 shares
Phantom shares remaining under the NQDC Plan after conversions
Total derivative shares exercised
2,816.9576 units
Aggregate derivative exercises reported in the transaction summary
Exercise price
$0.00 per share
Conversions of DSUs, DEUs, phantom shares and DEUs into common stock
Key Terms
Nonqualified Deferred Compensation Plan, Deferred Stock Units (DSUs), Dividend Equivalent Units (DEUs), phantom shares
4 terms
Nonqualified Deferred Compensation Plan financial
"deferred under the Prologis, Inc. Nonqualified Deferred Compensation 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.
Deferred Stock Units (DSUs) financial
"Conversion of Deferred Stock Units (DSUs) and Dividend Equivalent Units"
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.
Dividend Equivalent Units (DEUs) financial
"DSUs and DEUs convert into Prologis common stock upon release"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Prologis (PLD) director Cristina Gabriela Bita report in this Form 4?
She reported conversions of deferred equity awards—Deferred Stock Units, Dividend Equivalent Units, and phantom shares—into Prologis common stock on September 17, 2026 under the Nonqualified Deferred Compensation Plan, with no exercise price or expiration date.
How many Deferred Stock Units did the Prologis (PLD) director convert?
The director converted 1,687.5878 Deferred Stock Units (plus related Dividend Equivalent Units) into an equal number of underlying Prologis common shares on September 17, 2026, as disclosed in the Form 4 footnotes.
Were these Prologis (PLD) transactions open-market purchases or sales?
No. The Form 4 describes exercises/conversions of derivative securities (Deferred Stock Units and phantom shares) into common stock at $0.00 per share, with no stated open-market purchases or sales and no exercise price or expiration date.
Did the Prologis (PLD) director use a Rule 10b5-1 plan for these transactions?
The filing indicates no Rule 10b5-1 trading plan for these conversions. The document-level box for such a plan is unchecked, and the footnotes describe the conversions as occurring under the Nonqualified Deferred Compensation Plan and prior deferral elections.
AI-generated analysis. How Rhea-AI works. Not financial advice.
