Prologis appoints Trisha Burns as Chief Accounting Officer effective Apr 1, 2026

Rhea-AI Filing Summary

Prologis, Inc. announced that Lori Palazzolo will retire as Chief Accounting Officer effective April 1, 2026 and will serve thereafter as a senior advisor to help with the transition. The company named Trisha Burns, age 44, as Chief Accounting Officer effective the same date. Ms. Burns has served as Senior Vice President, Global Accounting and Financial Reporting since January 1, 2025 and previously held roles at Prologis since 2010, including Senior Vice President, Corporate Accounting and Reporting from July 2018 to January 2025. The filing is an 8-K disclosing these officer changes and includes customary signatures from the company’s Chief Legal Officer.

Positive

• Internal succession promotes continuity with a leader who joined Prologis in 2010
• Clear effective date of April 1, 2026 provides an orderly transition timeline
• Outgoing CAO will serve as senior advisor to support the handover

Negative

• Chief Accounting Officer change introduces short-term operational transition risk

Insights

Corporate Governance Analyst

Leadership change announced with an orderly transition plan.

The filing shows an internal succession: Trisha Burns is promoted to Chief Accounting Officer effective April 1, 2026, while the incumbent Lori Palazzolo moves to a senior advisor role. This indicates continuity in accounting leadership because Ms. Burns has held senior accounting roles at Prologis since 2010.

The clear effective date and advisory role reduce near-term operational uncertainty; investors can view this as a planned handover rather than a sudden departure.

Financial Reporting Specialist

Experience-based promotion likely preserves reporting stability.

Ms. Burns’ recent role as Senior Vice President, Global Accounting and Financial Reporting since January 1, 2025 suggests familiarity with the company’s accounting practices and recent reporting processes. Her promotion should support continuity for external financial reporting and internal controls.

That said, transfers at the CAO level can temporarily affect closing and reporting workflows; the advisory period for Ms. Palazzolo may mitigate transition risk.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 16, 2025

PROLOGIS, INC.

PROLOGIS, L.P.

(Exact name of registrant as specified in charter)

Maryland (Prologis, Inc.)		001-13545 (Prologis, Inc.)		94-3281941 (Prologis, Inc.)
Delaware (Prologis, L.P.)		001-14245 (Prologis, L.P.)		94-3285362 (Prologis, L.P.)
(State or other jurisdiction of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

Pier 1, Bay 1, San Francisco, California		94111
(Address of Principal Executive Offices)		(Zip Code)

Registrants’ Telephone Number, including Area Code: (415) 394-9000

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

		Title of Each Class		Trading Symbol(s)		Name of Each Exchange on Which Registered
Prologis, Inc.		Common Stock, $0.01 par value		PLD		New York Stock Exchange
Prologis, L.P.		3.000% Notes due 2026		PLD/26		New York Stock Exchange
Prologis, L.P.		2.250% Notes due 2029		PLD/29		New York Stock Exchange
Prologis, L.P.		5.625% Notes due 2040		PLD/40		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 18, 2025, Prologis, Inc. (the “Company”) announced that Lori Palazzolo will retire as Chief Accounting Officer effective April 1, 2026, and thereafter will serve as a senior advisor to support a smooth transition. The Company also announced that Trisha Burns will become Chief Accounting Officer effective April 1, 2026.

Ms. Burns, age 44, has served as Senior Vice President, Global Accounting and Financial Reporting, since January 1, 2025, and prior thereto held various positions with the Company since joining in 2010, including Senior Vice President, Corporate Accounting and Reporting, from July 2018 to January 2025.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
104		Cover Page Interactive Data File – the cover page iXBRL tags are embedded within the Inline XBRL document.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

				PROLOGIS, INC.
Date: September 18, 2025				By:		/s/ Deborah K. Briones
				Name:		Deborah K. Briones
				Title:		Chief Legal Officer and General Counsel
				PROLOGIS, L.P.
				By: Prologis, Inc.,
				its General Partner
Date: September 18, 2025				By:		/s/ Deborah K. Briones
				Name:		Deborah K. Briones
				Title:		Chief Legal Officer and General Counsel

FAQ

What change did Prologis (PLDGP) disclose in this 8-K?

Prologis disclosed that Lori Palazzolo will retire as Chief Accounting Officer effective April 1, 2026 and that Trisha Burns will become Chief Accounting Officer on that date.

Who is the incoming Chief Accounting Officer at Prologis?

The incoming Chief Accounting Officer is Trisha Burns, age 44, promoted effective April 1, 2026.

What roles did Trisha Burns hold before becoming CAO?

Ms. Burns has been Senior Vice President, Global Accounting and Financial Reporting since January 1, 2025 and held various accounting roles at Prologis since 2010.

Will the outgoing CAO fully leave the company?

No. Lori Palazzolo will retire as CAO but will continue as a senior advisor after April 1, 2026 to support the transition.

Does the 8-K disclose any changes to financial results or controls?

No. The 8-K only discloses the officer retirement and appointment and does not state any changes to reported financial results or internal controls.