Plymouth REIT Board Compensation Revealed in Latest Stock Award Filing

Rhea-AI Filing Summary

Plymouth Industrial REIT director Robert O. Stephenson received a grant of 6,269 shares of restricted stock on June 20, 2025, as reported in this Form 4 filing. The shares were acquired at $0 cost under the company's Third Amended and Restated 2014 Incentive Award Plan.

Key details of the stock grant:

• Vesting occurs at the earlier of: (1) first anniversary of grant date or (2) next annual stockholder meeting
• Transaction reported as a direct ownership
• Filing was completed by Anne A. Hayward as attorney-in-fact

This equity compensation grant aligns with standard director compensation practices and demonstrates continued commitment to aligning director interests with shareholders. The filing indicates no derivative securities transactions or indirect ownership positions were involved in this grant.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

STEPHENSON ROBERT O

(Last) (First) (Middle)

20 CUSTOM HOUSE STREET, 11TH FLOOR

(Street)

BOSTON MA 02110

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Plymouth Industrial REIT, Inc. [ PLYM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/20/2025		A		6,269(1)	A	$0	6,269	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of restricted stock granted to the reporting person under the Plymouth Industrial REIT, Inc. Third Amended and Restated 2014 Incentive Award Plan, which vest on the earlier to occur of (i) the first anniversary of the grant date and (ii) the date of the annual meeting of stockholders immediately following the grant date.

Remarks:

	Anne A. Hayward, as attorney-in-fact for Robert O. Stephenson	06/23/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many shares of PLYM stock did Director Robert Stephenson acquire on June 20, 2025?

Director Robert Stephenson acquired 6,269 shares of restricted common stock on June 20, 2025 as part of a stock grant under Plymouth Industrial REIT's Third Amended and Restated 2014 Incentive Award Plan.

What is the vesting schedule for PLYM's restricted stock grant to Robert Stephenson?

The restricted stock grant vests on the earlier of: (i) the first anniversary of the grant date (June 20, 2026) or (ii) the date of the annual meeting of stockholders immediately following the grant date.

What was the purchase price for PLYM Director Stephenson's stock acquisition?

The restricted stock was granted at $0 cost to Director Stephenson as part of the company's incentive award plan, as indicated by the $0 price in the transaction details.

How many PLYM shares does Robert Stephenson own directly after this transaction?

Following this transaction, Robert Stephenson directly owns 6,269 shares of Plymouth Industrial REIT (PLYM) stock, held in Direct (D) ownership form.

Who filed this Form 4 for PLYM Director Robert Stephenson?

The Form 4 was filed by Anne A. Hayward, acting as attorney-in-fact for Robert O. Stephenson, and was signed on June 23, 2025.