Welcome to our dedicated page for Prologis SEC filings (Ticker: PLD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Prologis, Inc. filings document the REIT's logistics real estate operations, its role as general partner of Prologis, L.P., and the capital structure supporting its common stock and listed debt securities. Results filings and supplemental disclosures cover operating portfolio metrics, development activity, land, solar and energy storage portfolios, customer information, Strategic Capital co-investment ventures, balance sheet measures and funds from operations reconciliations.
Form 8-K filings report material agreements, credit facility amendments, debt obligations, financial results, Regulation FD disclosures, annual meeting voting results, and executive appointments or compensation arrangements. Proxy materials cover director elections, executive compensation votes, auditor ratification, board governance and annual meeting procedures.
Prologis, Inc. director Cristina G. Bita reported additional deferred equity-based awards tied to her board service and fee deferrals as of 12/31/2025. These are all classified as derivative securities that will ultimately settle in Prologis common stock rather than cash.
The report shows Dividend Equivalent Units (DEUs) under the Nonqualified Deferred Compensation Plan (NQDC Plan) earned on Deferred Stock Units for current board service, with 64.1649 underlying shares and a reported balance of 8,174.3583 derivative securities. It also includes DEUs earned on director fees deferred into phantom shares, covering 39.35 underlying shares and a balance of 5,559.0321 derivative securities. In addition, Bita deferred director fees into 234 phantom shares, with a reported balance of 5,793.0321 derivative securities.
All of these units and phantom shares carry a stated price of $0 and are designed to be paid in Prologis common stock on a one-for-one basis with the underlying units, generally in line with vesting schedules or the director’s deferral elections.
Prologis, Inc. director David P. O'Connor reported additional derivative equity units tied to his board compensation. On 12/31/2025 he acquired 204.9062 dividend equivalent units, or DEUs, at a price of $0 under the Prologis Nonqualified Deferred Compensation Plan. After this transaction, he beneficially owned 26,104.2459 derivative securities directly. The DEUs are earned on deferred stock units (DSUs) associated with current board service and accrue at the Prologis common stock dividend rate when dividends are paid. DEUs and the underlying DSUs vest 100% on the earlier of the first anniversary of the grant date or the first annual stockholders meeting, and are ultimately settled in Prologis common stock on a one-for-one basis.
Prologis, Inc. director reports additional deferred stock-based units
A Prologis, Inc. director filed a Form 4 reporting the crediting of 35.6748 Dividend Equivalent Units (DEUs) on 12/31/2025. These DEUs were earned on existing Deferred Stock Units (DSUs) associated with current board service and deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan.
DEUs accrue on outstanding DSUs at the Prologis common stock dividend rate when dividends are paid on Prologis common stock. Both DSUs and related DEUs vest 100% on the earlier of the first anniversary of the grant date or the first annual stockholders’ meeting after the grant date. They are paid in Prologis common stock at one common share per DSU or DEU. Following this transaction, the director beneficially owns 4,544.8273 DSUs and DEUs on a direct basis.
Prologis, Inc. director Lydia H. Kennard reported receipt of additional equity-linked compensation in the form of dividend equivalent units under the company’s Nonqualified Deferred Compensation Plan. On 12/31/2025, she acquired 51.1275 dividend equivalent units tied to Prologis common stock at a stated price of $0 per unit, reflecting reinvestment of dividends rather than a cash purchase. These derivative holdings, which include both deferred stock units and related dividend equivalents, totaled 6,513.4405 units held directly after the transaction. The units are paid in Prologis common stock on a one-for-one basis when distributed and vest in full on the earlier of one year from grant or the next annual stockholder meeting.
Prologis, Inc. director James B. Connor reported a sale of common stock and an update to his deferred equity units. On 10/24/2025, he sold 80,000 shares of Prologis common stock at a weighted average price of $126.5818 per share in multiple transactions, and his directly held non-derivative common stock position after the sale is reported as 0 shares.
Connor also reported the crediting of 51.1275 Dividend Equivalent Units (DEUs) on nonqualified deferred stock units tied to his board service, at an exercise price of $0 and a deemed date of 12/31/2025. After this transaction, he beneficially owns 6,513.4405 deferred units (including DSUs and DEUs), which are payable in Prologis common stock on a one-for-one basis under the company’s nonqualified deferred compensation plan.
Prologis, Inc. director Sarah A. Slusser reported a routine compensation-related transaction involving deferred stock units. On 12/31/2025, she acquired 18.3322 dividend equivalent units (DEUs) under the Prologis, Inc. Nonqualified Deferred Compensation Plan, at an exercise price of $0 per unit, linked to Prologis common stock dividends.
The DEUs were earned on outstanding deferred stock units (DSUs) tied to her current board service. DEUs accrue at the Prologis common stock dividend rate and, along with the underlying DSUs, vest 100% on the earlier of the first anniversary of the grant date or the first annual stockholders’ meeting after the grant date. DSUs and DEUs are ultimately paid in Prologis common stock at one share per unit. Following this transaction, Slusser beneficially owned 2,335.4476 derivative securities (DSUs and DEUs) on a direct basis.
Prologis, Inc. director Avid Modjtabai reported an equity-based compensation update tied to service on the company’s board. On 12/31/2025, the director acquired 51.1275 Dividend Equivalent Units (DEUs) under the Prologis Nonqualified Deferred Compensation Plan, at a stated conversion price of $0 per unit.
The DEUs were earned on existing Deferred Stock Units (DSUs) and accrue based on the Prologis common stock dividend rate when dividends are paid. Both DSUs and related DEUs vest 100% on the earlier of the first anniversary of the grant date or the first annual stockholder meeting after the grant date. They are settled in Prologis common stock at one share per DSU or DEU. After this transaction, the director beneficially owned 6,513.4405 DSUs and DEUs in total.
Prologis, Inc. director Sarah A. Slusser filed an amended initial ownership report to correct her holdings. The Form 3/A reflects ownership of 101 shares of common stock that were omitted from her original Form 3. This update does not reflect a new stock transaction, only a correction of previously reported holdings.
Prologis, Inc. director reports gifted shares in Form 4 filing
George L. Fotiades, a director of Prologis, Inc., reported a gift of 1,824 shares of common stock on 12/09/2025, coded as transaction type "G" for a gift at a reported price of $0.00 per share. Following this transaction, he no longer holds Prologis common stock directly and reports 8,000 shares held indirectly through a trust.
The filing explains that these 8,000 shares are held in a trust in which his spouse is the sole trustee, and he has no voting or investment power over the shares. The report is filed as a Form 4 for one reporting person in his capacity as a director of the company.
Prologis, Inc. and Prologis, L.P. reported compensation-related changes approved by the Talent and Compensation Committee. The company adopted a new Performance Stock Unit Agreement under its 2020 Long-Term Incentive Plan that allows dividend equivalents to accrue on Target PSUs during the performance period. These dividend equivalents will be paid in cash after the performance period, but only to the extent the underlying Target PSUs are earned based on the performance criteria.
The committee also approved an amendment to prior agreements with executives Daniel S. Letter, Timothy D. Arndt and Carter H. Andrus. For each of these executives, any equity-based awards granted on or after January 1, 2026 will no longer be covered by the existing retirement eligibility waiver, clarifying how future equity awards will vest in connection with retirement.