Prologis (PLD) director awarded 1,695 deferred stock units vesting by 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BITA CRISTINA GABRIELA reported acquisition or exercise transactions in this Form 4 filing.
Prologis, Inc. director Cristina Gabriela Bita received a grant of 1,695 Deferred Stock Units (DSUs) tied to Prologis common stock. The DSUs were granted on April 28, 2026 and vest 100% on the earlier of the first anniversary of the grant date or the first annual stockholder meeting after that date.
The DSUs are deferred under the company’s Nonqualified Deferred Compensation Plan until April 28, 2029, earn dividend equivalent units when dividends are paid on Prologis common stock, and are convertible into Prologis common shares on a 1-for-1 basis. After this grant, Bita holds a total of 9,935.53 DSUs and related dividend equivalent units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BITA CRISTINA GABRIELA
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units-NQDC | 1,695 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units-NQDC — 9,935.53 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Deferred Stock Units granted: 1,695 units
Post-transaction DSU and DEU balance: 9,935.53 units
Grant price per unit: $0.0000
+3 more
6 metrics
Deferred Stock Units granted
1,695 units
Director DSU award granted April 28, 2026
Post-transaction DSU and DEU balance
9,935.53 units
Total Deferred Stock Units and dividend equivalent units after grant
Grant price per unit
$0.0000
Compensation grant, not open-market purchase
Deferral end date
April 28, 2029
DSUs generally deferred under Nonqualified Deferred Compensation Plan
Vesting schedule
100% cliff vesting
Earlier of first anniversary of grant or first annual meeting after grant
Conversion ratio
1-for-1
DSUs and DEUs convertible into Prologis common stock
Key Terms
Deferred Stock Units, Nonqualified Deferred Compensation Plan, dividend equivalent units, 1-for-1 basis
4 terms
Deferred Stock Units financial
"Deferred Stock Units (DSUs) granted April 28, 2026, which vest 100% on the earlier..."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Nonqualified Deferred Compensation Plan financial
"generally, are deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan until April 28, 2029."
dividend equivalent units financial
"DSUs earn dividend equivalent units (DEUs) when dividends are paid with respect to Prologis common stock..."
1-for-1 basis financial
"DSUs and accrued DEUs are convertible into Prologis common stock on a 1-for-1 basis."
FAQ
What insider transaction did Prologis (PLD) disclose for director Cristina Gabriela Bita?
Prologis disclosed that director Cristina Gabriela Bita received a grant of 1,695 Deferred Stock Units on April 28, 2026. These units represent compensation, not an open-market purchase, and are tied to Prologis common stock under the company’s nonqualified deferred compensation plan.
How and when do Cristina Bita’s new Prologis (PLD) Deferred Stock Units vest?
The 1,695 Deferred Stock Units granted to Cristina Bita vest 100% on the earlier of the first anniversary of the April 28, 2026 grant date or the first annual Prologis stockholders’ meeting after that date. Vesting must occur before the units can convert into common shares.
When will Cristina Bita’s Prologis (PLD) Deferred Stock Units be distributed?
The Deferred Stock Units are generally deferred until April 28, 2029 under the Prologis Nonqualified Deferred Compensation Plan. After that deferral date, the vested DSUs and related dividend equivalent units are convertible into Prologis common stock on a 1-for-1 basis, according to the filing.
Do Prologis (PLD) Deferred Stock Units earn dividends for Cristina Bita?
Yes. The filing states that Deferred Stock Units earn dividend equivalent units whenever Prologis pays dividends on its common stock. These dividend equivalent units accumulate alongside the DSUs and are included in the reported post-transaction balance for Cristina Bita.
How many Prologis (PLD) Deferred Stock and dividend equivalent units does Cristina Bita hold after this grant?
After receiving 1,695 Deferred Stock Units, Cristina Bita holds a total of 9,935.53 units. This balance includes both Deferred Stock Units and the associated dividend equivalent units, all of which are convertible into Prologis common stock on a 1-for-1 basis.
What is the economic cost or price for Cristina Bita’s new Prologis (PLD) Deferred Stock Units?
The transaction lists a price per unit of $0.0000, indicating the 1,695 Deferred Stock Units were granted as compensation rather than purchased in the market. They represent a non-cash equity award under Prologis’ Nonqualified Deferred Compensation Plan for directors.