Every Form 4 that Prologis Inc. (PLD) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow PLD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PLD filings page.
Prologis, Inc. director Hamid Moghadam reported an indirect sale by a trust for his children of 50,000 shares of common stock on July 16, 2026 at a weighted average price of $149.91 per share, with trades ranging from $149.91 to $149.94. The sale was effected under a Rule 10b5-1 trading plan adopted on March 31, 2026. He also reports indirect holdings of 925,407 shares held through a rabbi trust under nonqualified deferred compensation plans and additional shares held in a separate trust where he serves as trustee.
Prologis, Inc. Chief Operating Officer Andrus Carter received a compensation grant of 10,119 LTIP Units of Prologis, L.P. on 7/14/2026 at $0.01 per unit. The award vests 25% on each of 7/14/2027, 7/14/2028, 7/14/2029 and 7/14/2030, subject to continued employment, bringing his holdings to 158,320 LTIP Units. Conditioned on certain tax allocations, each vested LTIP Unit may be converted into a partnership Common Unit and then redeemed for cash equal to the fair market value of one Prologis common share, or, at the company’s election, settled in one share of common stock, with no expiration on these rights.
Prologis, Inc. Chief Executive Officer Daniel Letter reported a grant of 21,671 LTIP Units of Prologis, L.P. at $0.01 per unit under the Prologis, Inc. 2020 Long-Term Incentive Plan. These LTIP Units vest 25% on each of July 14, 2027, 2028, 2029 and 2030, subject to continued employment, bringing his holdings in this LTIP award type to 341,735 LTIP Units.
Each vested LTIP Unit may be converted into a Common Unit of Prologis, L.P., which can then be redeemed for cash equal to the fair market value of one share of Prologis common stock, or, at the company’s election, for one share of common stock instead; these conversion and redemption rights have no expiration dates.
Prologis, Inc. reported that Chief Legal Officer and General Counsel Deborah K. Briones received a grant of 6,498 LTIP Units of Prologis, L.P. on July 14, 2026 at $0.01 per unit. These LTIP Units vest 25% each on July 14, 2027, 2028, 2029 and 2030, subject to continued employment under the Prologis, Inc. 2020 Long-Term Incentive Plan. Once vested and subject to tax capital account conditions, each LTIP Unit can be converted into a partnership Common Unit, which the holder may redeem for cash equal to the then fair market value of a Prologis common share or, at the company’s election, one share of common stock; these conversion and redemption rights have no expiration. Following this award, Briones directly holds 136,029 LTIP Units.
Prologis, Inc. reported that Chief Development Officer Austin Damon received a grant of 10,708 LTIP Units of Prologis, L.P. on July 14, 2026 at $0.01 per unit. The award vests 25% annually from July 14, 2027 through July 14, 2030, subject to continued employment, increasing his directly held LTIP Units to 164,262. Vested LTIP Units may be converted into Common Units and then redeemed for cash equal to the fair market value of a share of Common Stock, or, at the company’s election, settled in one share of Common Stock per unit, with no expiration on these rights.
Prologis, Inc. disclosed that Chief Accounting Officer Trisha Burns received a compensation grant of 694 LTIP Units of Prologis, L.P. at $0.01 per unit under the 2020 Long-Term Incentive Plan. The units vest 25% each on July 14 of 2027, 2028, 2029 and 2030, subject to continued employment, increasing her direct holdings to 11,429 LTIP Units. Once vested and after specified tax capital account conditions, each LTIP Unit can be converted into a Common Unit and then redeemed for cash equal to, or at the company’s election one share of, Prologis common stock, with no expiration dates on these rights.
Arndt Timothy D reported acquisition or exercise transactions in this Form 4 filing.
Prologis, Inc. Chief Financial Officer Timothy D. Arndt received a grant of 10,779 LTIP Units of Prologis, L.P. on July 14, 2026 at $0.0100 per unit. The LTIP Units vest in four 25% annual installments from July 14, 2027 through July 14, 2030, subject to continued employment. Each vested LTIP Unit is convertible into a Common Unit, which may be redeemed for cash equal to the fair market value of a share of Common Stock, or, at the company’s election, one share of Common Stock. Following the award, Arndt directly holds 301,021 LTIP Units.
Prologis, Inc. director David P. O'Connor reported an acquisition of 221.2394 Dividend Equivalent Units (DEUs) tied to Deferred Stock Units (DSUs) under the company's Nonqualified Deferred Compensation Plan. These DEUs accrue at the Prologis common stock dividend rate and are deferred along with the underlying DSUs.
The DEUs and related DSUs vest 100% on the earlier of the first anniversary of the grant date or the first annual meeting of stockholders after the grant date. They are ultimately paid in Prologis common stock on a one-for-one basis. After this award, O'Connor held a total of 28,231.7997 DSUs and DEUs.
Modjtabai Avid reported acquisition or exercise transactions in this Form 4 filing.
Prologis, Inc. director Avid Modjtabai received a grant of 49.5754 Dividend Equivalent Units (DEUs) tied to her existing Deferred Stock Units (DSUs) for current board service under the company’s Nonqualified Deferred Compensation Plan. These DEUs were credited at no cash cost and bring her total DSUs and DEUs to 6,326.1932 units, each ultimately payable in one share of Prologis common stock after vesting and deferral conditions are met.
Prologis director George L. Fotiades reported routine compensation-related acquisitions of dividend equivalent units and phantom units tied to Prologis common stock. On June 30, 2026, he received several awards that accrue based on the Prologis dividend rate rather than through open-market transactions.
The awards included 230.7999 dividend equivalent units on pre-merger deferred stock units, 121.8500 dividend equivalent units on current deferred stock units under the Nonqualified Deferred Compensation Plan, 362.8551 dividend equivalent units on nonqualified deferred compensation phantom shares, and 184.9921 dividend equivalent units on pre-merger phantom shares.
These units vest as described in the plan footnotes and are ultimately paid in Prologis common stock at one share per unit, generally deferred while he serves as a director or according to his deferral elections. The filing shows no open-market buying or selling, only grant and accrual activity.
Prologis, Inc. director James B. Connor reported routine compensation-related equity activity tied to his board service. He was credited 49.5754 Dividend Equivalent Units (DEUs) under the company’s nonqualified deferred compensation plan, which accrue at the Prologis common stock dividend rate.
After this grant, his deferred balance tied to this award type totals 6,326.1932 DEUs and Deferred Stock Units (DSUs). He also holds Units linked to 323,782 shares of Prologis common stock, with no exercise price or expiration date. The filing does not show any open-market buying or selling of Prologis shares.
Prologis, Inc. director Cristina Gabriela Bita reported awards of additional deferred equity units tied to company common stock. On June 30, 2026, she acquired 221 phantom shares, 47.9657 dividend equivalent units on phantom shares, and 78.4750 dividend equivalent units on deferred stock units under the Nonqualified Deferred Compensation Plan. These awards are compensation-related, accrue at the Prologis dividend rate, and are ultimately payable in common stock, with no open-market share purchases or sales disclosed.
Piani Olivier reported acquisition or exercise transactions in this Form 4 filing.
Prologis, Inc. director Olivier Piani received a routine compensation-related grant of dividend equivalent units under the company’s nonqualified deferred compensation plan. The award covers 49.5754 dividend equivalent units tied to Prologis common stock, bringing his total deferred stock and dividend equivalent units to 6,326.1932.
These units accrue based on the Prologis common stock dividend rate and are deferred together with previously granted deferred stock units, to be settled in Prologis common shares according to the plan’s terms.
Prologis, Inc. director Lydia H. Kennard received a grant of dividend equivalent units in connection with her board compensation. On the transaction date, she acquired 49.5754 Dividend Equivalent Units tied to Prologis common stock under the company’s Nonqualified Deferred Compensation Plan.
These units were credited at no cash cost to her and are linked to existing deferred stock units, accruing based on the Prologis common stock dividend rate. After this grant, she directly holds a total of 6,326.1932 deferred and dividend equivalent units, which are eventually payable in Prologis common shares on a one-for-one basis.
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.
Prologis, Inc. director Guy A. Metcalfe reported compensation-related awards of phantom and dividend-equivalent units linked to company common stock. On June 30, 2026, he acquired 221 phantom shares under the Nonqualified Deferred Compensation Plan and additional Dividend Equivalent Units (DEUs) tied to deferred director fees and Deferred Stock Units (DSUs).
One transaction added 1.785 DEUs on DSUs associated with current board service, and another added 49.5754 DEUs on fees deferred into phantom shares. These phantom shares, DSUs and DEUs are settled in Prologis common stock on a one-for-one basis under the deferral terms or upon termination of service.
Prologis, Inc. Chief Financial Officer Timothy D. Arndt reported an open-market sale of 3,597 shares of common stock. The shares were sold on June 15, 2026 at a weighted average price of $150.00 per share, in multiple transactions within a narrow price range. The filing states that this sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 26, 2025, indicating it was scheduled in advance. Following the transaction, the filing shows that Arndt held 0 shares directly of Prologis common stock.
Prologis, Inc. Chief Executive Officer Daniel Letter reported an exercise and conversion of derivative securities tied to the company’s equity. He converted 50,000 LTIP Units at an exercise price of $0.01 per unit into an equivalent number of common-stock-linked units.
After this transaction, Letter directly holds 320,064 shares associated with Prologis common stock. A footnote explains that the LTIP Units of Prologis, L.P. were converted into common units and then redeemed for cash, and that these units have no exercisable or expiration date.
Slusser Sarah A reported acquisition or exercise transactions in this Form 4 filing.
Prologis, Inc. director Sarah A. Slusser received a grant of 1,695 Deferred Stock Units (DSUs) as compensation. 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 generally deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan until April 28, 2029. They earn dividend equivalent units (DEUs) when dividends are paid on Prologis common stock, and DSUs plus DEUs are convertible into Prologis common stock on a 1-for-1 basis. After this award, Slusser holds a total of 4,049.3531 DSUs and DEUs.
FOTIADES GEORGE L reported acquisition or exercise transactions in this Form 4 filing.
Prologis, Inc. director George L. Fotiades received a grant of 1,695 Deferred Stock Units (DSUs) on April 28, 2026 at $0.00 per unit. These DSUs 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 generally deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan until April 28, 2029. DSUs earn dividend equivalent units when dividends are paid on Prologis common stock and, together with accrued units, are convertible into common stock on a 1-for-1 basis. After this grant, Fotiades directly holds 47,614.5195 DSUs and related units.
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.
Prologis, Inc. director Irving F. Lyons III reported a compensation-related conversion of deferred awards rather than an open-market trade. On April 28, 2026, he converted 43,830.3114 Deferred Stock Units and Dividend Equivalent Units into 43,825 shares of common stock on a 1-for-1 basis under the company’s Nonqualified Deferred Compensation Plan. The filing lists a transaction price of $141.53 per share for the common stock. Following the conversion, he directly holds 43,825 common shares and indirectly holds 1,000 shares in the Katherine Ashley Lyons Trust and 22,431 shares in The Lyons Family Trust (CP). Fractional units were settled in cash.
Prologis director Avid Modjtabai increased her equity-based holdings through compensation-related awards and conversions. She acquired 1,984 shares of common stock on April 28, 2026 by converting deferred stock units and dividend equivalent units that had been deferred under the Prologis Nonqualified Deferred Compensation Plan.
On the same date, she received a new grant of 1,695 Deferred Stock Units, which will generally remain deferred until April 28, 2029 and earn dividend equivalent units. After these transactions, she directly holds 22,645 shares of common stock and 6,276.6178 deferred stock units and related dividend equivalent units, all convertible into common stock on a 1-for-1 basis.
Prologis, Inc. director David P. O’Connor received a grant of 1,695 Deferred Stock Units (DSUs). The DSUs were granted as compensation on April 28, 2026 and vest 100% on the earlier of the first anniversary of the grant or the first stockholder meeting after that date. They are generally deferred until April 28, 2029 and convert into common stock on a 1-for-1 basis, with dividend equivalent units added over time. Following this award, his direct DSU and DEU balance is 28,010.5603 units.
Prologis, Inc. director James B. Connor reported compensation-related equity activity centered on deferred stock units. On April 28, 2026 he received 1,695 Deferred Stock Units under the company’s Nonqualified Deferred Compensation Plan, which vest 100% on the earlier of the first anniversary of the grant or the first annual stockholder meeting and are generally deferred until April 28, 2029.
On the same date, 1,984.5492 previously deferred Deferred Stock Units and related Dividend Equivalent Units converted into 1,984 shares of Prologis common stock on a 1‑for‑1 basis. Following these transactions he holds 1,984 common shares directly, 4,234 common shares indirectly through the Linda P. Connor Declaration of Trust, 8,261.1700 deferred stock units (including dividend equivalents), and Units representing 323,782 underlying common shares with no exercise or expiration date.
Prologis, Inc. director Olivier Piani reported routine equity compensation and related tax withholding. On April 28, 2026, he received 1,984 shares of common stock at no cost and 1,695 Deferred Stock Units (DSUs) under the company’s Nonqualified Deferred Compensation Plan.
Existing DSUs and Dividend Equivalent Units totaling 1,984.5492 units were converted on a 1-for-1 basis into common shares, and 595 shares were withheld to cover tax liabilities. After these transactions, Piani directly holds 11,729 shares of common stock and 6,276.6178 DSUs and dividend equivalent units.
Prologis, Inc. director Lydia H. Kennard reported compensation-related equity activity. She acquired 1,984 shares of Prologis common stock through the conversion of deferred stock units and dividend equivalent units under the company’s nonqualified deferred compensation plan, bringing her direct common stock holdings to 34,413 shares.
She also received a grant of 1,695 new deferred stock units on April 28, 2026. After these transactions, she holds 6,276.6178 deferred stock units and related dividend equivalent units, which are convertible into Prologis common stock on a 1-for-1 basis under the plan’s terms.
Prologis, Inc. director Guy A. Metcalfe received a grant of 1,695 Deferred Stock Units (DSUs) on April 28, 2026, as a compensation award. The DSUs vest 100% on the earlier of the first anniversary of the grant date or the first Prologis annual stockholder meeting after that date.
The units are generally deferred under the Prologis Nonqualified Deferred Compensation Plan until April 28, 2029 and convert into Prologis common stock on a 1-for-1 basis. DSUs also earn dividend equivalent units when dividends are paid. Following this grant, Metcalfe holds 6,276.6178 DSUs and DEUs in total.
Slusser Sarah A reported acquisition or exercise transactions in this Form 4 filing.
Prologis, Inc. director Sarah A. Slusser received 18.9055 Dividend Equivalent Units (DEUs) tied to Deferred Stock Units under the company’s Nonqualified Deferred Compensation Plan. These awards mirror Prologis common stock dividends and are paid later in common shares, bringing her total deferred DEUs/DSUs position to 2,354.3531 units.
Prologis, Inc. director Olivier Piani reported an acquisition of 52.7265 Dividend Equivalent Units (DEUs) tied to his deferred board compensation under the company’s Nonqualified Deferred Compensation Plan. These DEUs accrue on outstanding Deferred Stock Units (DSUs) at the Prologis common stock dividend rate when dividends are paid.
The DEUs and related DSUs vest 100% on the earlier of the first anniversary of the grant date or the first annual stockholders’ meeting after the grant date, and are settled in Prologis common stock at one share per DSU or DEU. Following this grant, Piani’s balance of DSUs and DEUs is 6,566.1670 units, all held directly.
OCONNOR DAVID P reported acquisition or exercise transactions in this Form 4 filing.
Prologis, Inc. director David P. O'Connor received 211.3144 Dividend Equivalent Units (DEUs) linked to Deferred Stock Units (DSUs) under the company’s Nonqualified Deferred Compensation Plan. These DEUs accrue at the Prologis common stock dividend rate and represent deferred stock-based compensation, not a cash purchase or sale.
The DEUs and underlying DSUs vest 100% on the earlier of the first anniversary of the grant date or the first annual stockholders meeting, generally in May each year. Payment occurs in Prologis common stock on a one-for-one basis per DSU or DEU, and the reported balance of 26,315.5603 units includes both DSUs and DEUs.
Prologis, Inc. director Avid Modjtabai received a grant of 52.7265 Dividend Equivalent Units (DEUs) linked to Deferred Stock Units (DSUs) under the company’s Nonqualified Deferred Compensation Plan. These DEUs accrue at the Prologis common stock dividend rate and convert into common shares on a one-for-one basis with the underlying DSUs.
Following this routine compensation-related acquisition, Modjtabai’s reported balance of DSUs and DEUs increased to 6,566.1670 units. The DEUs and DSUs vest 100% on the earlier of the first anniversary of the grant date or the first annual stockholder meeting after the grant date, with receipt deferred until payout in Prologis common stock.
Prologis, Inc. director Guy A. Metcalfe reported compensation-related awards rather than market trades. He acquired 36.7905 Dividend Equivalent Units tied to deferred stock units and 226 phantom shares under the company’s Nonqualified Deferred Compensation Plan. These awards track Prologis common stock and are settled in shares according to his deferral elections or upon service termination.
Prologis, Inc. director Irving F. Lyons III reported acquiring additional Dividend Equivalent Units (DEUs) tied to previously granted Deferred Stock Units (DSUs). On March 31, 2026, he was credited with 86.6702 DEUs from prior board service and 265.2880 DEUs from current board service under the Nonqualified Deferred Compensation Plan. These DEUs vest under the applicable DSU terms and are deferred while he serves as a director, ultimately payable in Prologis common stock on a one-for-one basis with the DSUs and DEUs. Following these accruals, related DSU/DEU account balances reported in column 9 total 10,793.2776 units in one account and 33,037.0338 units in another.
KENNARD LYDIA H reported acquisition or exercise transactions in this Form 4 filing.
Prologis, Inc. director Lydia H. Kennard received a grant of dividend equivalent units tied to deferred stock compensation. On the transaction date, she was credited with 52.7265 Dividend Equivalent Units (DEUs) on Deferred Stock Units (DSUs) under the Prologis Nonqualified Deferred Compensation Plan.
These DEUs accrue at the Prologis common stock dividend rate when dividends are paid and vest 100% on the earlier of the first anniversary of the grant date or the first annual stockholders meeting after the grant date, with receipt deferred along with the related DSUs. After this grant, her combined DSU and DEU balance was 6,566.1670 units, which will be paid in Prologis common stock at one share per DSU or DEU.
Prologis, Inc. director George L. Fotiades reported routine compensation-related awards of dividend equivalent units rather than any open-market trading. On March 31, 2026, he acquired several small blocks of dividend equivalent units tied to existing deferred stock units and phantom share balances.
According to the footnotes, these dividend equivalent units accrue at the Prologis common stock dividend rate on previously granted deferred stock units and phantom shares, vest upon issuance or on standard board vesting schedules, and are deferred while he serves as a director or under his deferral elections. When paid, each deferred stock unit, phantom share, and related dividend equivalent unit converts into one share of Prologis common stock.
Prologis, Inc. director James B. Connor received a grant of 52.7265 Dividend Equivalent Units (DEUs) under the company’s Nonqualified Deferred Compensation Plan. These DEUs were earned on Deferred Stock Units (DSUs) tied to his current board service and accrue at the Prologis common stock dividend rate.
The DEUs and underlying DSUs vest 100% on the earlier of the first anniversary of the grant date or the first annual meeting of stockholders, and settlement is deferred. When paid, each DSU or DEU converts into one share of Prologis common stock. After this grant, Connor directly holds a total of 6,566.1670 DSUs and DEUs combined.
Prologis, Inc. director Cristina Gabriela Bita reported compensation-related equity awards, not open-market trades. She acquired 66.1717 and 40.5806 Dividend Equivalent Units and 226 phantom shares under the company’s Nonqualified Deferred Compensation Plan.
The footnotes explain these units arise from deferred board fees and deferred stock units, accrue additional equivalents at the Prologis common stock dividend rate, and are ultimately paid in Prologis common shares on a one-for-one basis according to her deferral elections or upon ending board service.
Prologis, Inc. director Hamid Moghadam reported bona fide gifts involving 4,001,784 LTIP Units and shares of common stock. The transactions are coded as gifts, not market purchases or sales.
LTIP Units tied to common stock were transferred between Moghadam, a limited liability company he manages, and family trusts, including a 2021 trust for his children. Common stock was also moved from the LLC to a trust, leaving 1,019,089 shares held indirectly in that trust, while 925,407 shares are held in a rabbi trust under nonqualified deferred compensation plans and 131,775 shares in another trust. Following these moves, he continues to hold LTIP Units indirectly convertible into 18,233 underlying shares of common stock.
Prologis, Inc. Chief Executive Officer Daniel Letter exercised 16,000 LTIP Units into common stock. The derivative exercise on this Form 4 converted LTIP Units into 16,000 shares of Prologis common stock at $0.01 per unit.
Following the transaction, Letter directly holds 370,064 shares of Prologis common stock. The LTIP Units had no exercisable date or expiration date and were converted into common units of Prologis, L.P. and then redeemed for cash.
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.
Prologis, Inc. Chief Operating Officer Andrus Carter amended a prior insider report to correct the transaction code on a recent equity award event. The filing now classifies the 25,106 LTIP Units transaction as an exercise or conversion of a derivative security rather than an award.
The LTIP Units of Prologis, L.P. were converted into common units and then redeemed for cash, with no exercisable or expiration date on the units. Following this transaction, Carter holds 148,201 LTIP Units directly, indicating this is primarily a technical correction and a routine compensation-related adjustment rather than an open‑market trade.
Prologis, Inc. Chief Operating Officer Andrus Carter received a grant of 25,106 LTIP Units on March 9, 2026 as equity compensation. The units were awarded at a nominal price of $0.01 per unit and are tied to 25,106 shares of common stock on an as-converted basis.
Following this grant, Carter directly holds 148,201 LTIP Units. According to the disclosure, these LTIP Units can be converted into common units of Prologis, L.P. and then redeemed for cash, and they have no exercisable date or expiration date, making them a long-term incentive vehicle rather than an open-market purchase.
Prologis, Inc. director Hamid Moghadam reported awards of long-term incentive partnership (LTIP) units in Prologis, L.P. on January 20, 2026. The filing shows three LTIP grants at an exercise price of $0.01 per unit, all reported as directly owned.
The awards include 12,365 LTIP Units issued in exchange for his cash bonus that vest 100% on the grant date, 7,644 LTIP Units granted in lieu of salary that vest 25% each on January 20, 2027, 2028, 2029 and 2030, and 220,000 LTIP Units that vest in full on January 20, 2029, subject to continued service.
The LTIP Units are issued under the Prologis, Inc. 2020 Long-Term Incentive Plan and can, once vested and subject to tax capital account conditions, be converted into common units of Prologis, L.P., which may then be redeemed for cash or shares of Prologis common stock at the company’s election. The filing also reports 18,233 LTIP Units held indirectly in a trust and 1,706,985 LTIP Units held indirectly through an LLC associated with Moghadam.
Prologis, Inc. chief accounting officer Lori A. Palazzolo reported new equity awards in the form of LTIP Units. On January 20, 2026, she was granted 1,528 LTIP Units at $0.01 per unit, which vest 25% each year over four years, subject to continued employment under the company’s 2020 Long-Term Incentive Plan.
On the same date she received an additional 3,822 LTIP Units at $0.01 per unit, which vest 80% on January 20, 2027 and 10% on each of January 20, 2028 and January 20, 2029, also subject to continued employment. Each vested LTIP Unit can be converted into a partnership Common Unit and then redeemed for either cash equal to the fair market value of a Prologis common share or, at the company’s election, one share of common stock, with no stated expiration. The filing also notes 239.698 shares of common stock held indirectly through the company’s 401(k) plan as of December 31, 2025.
Prologis, Inc. reported a new equity compensation award for its president, Daniel Letter. On 01/20/2025, he received two grants of LTIP Units of Prologis, L.P. as derivative securities: one for 16,573 LTIP Units and another for 14,295 LTIP Units, both at a stated price of $0.01 per unit.
The first LTIP Unit grant vests in four equal annual installments of 25% each year, subject to continued employment, under the company’s 2020 Long-Term Incentive Plan. The second grant was issued in lieu of a cash bonus at the same value as the cash bonus and vests 100% on the issuance date. Following these awards, Letter directly holds 386,064 LTIP Units.
Prologis, Inc. reported that Chief Legal Officer Deborah K. Briones received new long-term incentive awards and updated how some existing shares are held. On January 20, 2026, she was granted 6,306 LTIP Units that vest 25% per year over four years under the 2020 Long-Term Incentive Plan, and an additional 5,781 LTIP Units issued in exchange for her cash bonus that vest fully on the grant date. These LTIP Units can later be converted into partnership units and ultimately redeemed for cash equal to the fair market value of Prologis common stock or, at the company’s election, for shares of common stock.
The filing also clarifies that 3,103 shares of Prologis common stock are held indirectly for her benefit in a rabbi trust under nonqualified deferred compensation plans, after previously being reported in error as directly held, while 13 shares are shown as held directly.
Prologis, Inc. (PLD) Chief Development Officer Damon Austin reported grants of long-term incentive partnership units in Prologis, L.P. on 01/20/2026. He received 9,555 LTIP Units and a separate grant of 10,320 LTIP Units, each recorded at a price of $0.01 per unit, bringing his directly held derivative LTIP Units to 153,554 after the transactions.
The first LTIP Unit grant vests 25% each year over four years, subject to continued employment. The second grant vests 80% on 01/20/2027 and 10% on each of 01/20/2028 and 01/20/2029, also subject to continued employment. Once vested and subject to tax allocation conditions, each LTIP Unit can be converted into a common unit of Prologis, L.P., which may then be redeemed for cash equal to the fair market value of a Prologis common share, or, at the company’s election, for one share of common stock, with no stated expiration on these conversion and redemption rights.
Prologis, Inc. reported new long-term incentive awards for its Chief Financial Officer, Timothy D. Arndt. On 01/20/2026, he received 8,133 LTIP Units of Prologis, L.P. at a price of $0.01 per unit, which vest 25% each year over four years, subject to continued employment, under the 2020 Long-Term Incentive Plan.
On the same date, he was also granted 10,301 LTIP Units issued in exchange for his cash bonus at the same value as the cash bonus, vesting 100% on the issuance date under the same plan. Following these grants, he beneficially owned 290,242 LTIP Units on a direct basis. Once vested and subject to tax allocation conditions, each LTIP Unit can be converted into a Common Unit of Prologis, L.P., which may then be redeemed for cash equal to the fair market value of one share of Prologis common stock, or, at the company’s election, for one share of common stock, with no stated expiration.
Prologis, Inc. (PLD) reported that its Chief Operating Officer, Andrus Carter, received new long-term incentive awards in the form of LTIP Units of Prologis, L.P. On January 20, 2026, Carter was granted 5,803 LTIP Units that vest 25% per year over four years, subject to continued employment, under the company’s 2020 Long-Term Incentive Plan.
On the same date, Carter received an additional 7,883 LTIP Units issued in exchange for his cash bonus at the same value as the bonus, which vest 100% on the issuance date. After these awards, he beneficially owns 173,307 LTIP Units directly. Once vested and subject to tax allocation conditions, each LTIP Unit can be converted into a partnership Common Unit, which may then be redeemed for cash equal to the fair market value of one share of Prologis common stock or, at the company’s election, for one share of common stock, with no stated expiration on these conversion and redemption rights.