STAG insider files Form 144 to sell 25,000 shares via Raymond James

Rhea-AI Filing Summary

Form 144 notice for STAG Industrial, Inc. (STAG) reports a proposed sale of 25,000 shares of common stock through Raymond James on the NYSE on 09/04/2025. The filer states these 25,000 shares were acquired on 09/04/2025 via an OP unit redemption from the issuer and were paid for on the same date. The filing shows 186,696,691 shares outstanding and gives an aggregate market value of $912,250 for the proposed sale. The document also discloses a prior sale by Benjamin S. Butcher of 28,843 shares on 06/06/2025 for gross proceeds of $1,064,327. The notice includes the standard signature representation that the seller is unaware of undisclosed material adverse information.

Positive

• Filing complies with Rule 144 disclosure requirements by providing acquisition, sale, broker, and outstanding shares data
• Broker and exchange clearly identified (Raymond James; NYSE), supporting transparent execution

Negative

• No disclosure of a trading plan or 10b5-1 adoption date in the filing, which might be relevant for timing context
• Sells occurred shortly after acquisition (acquired and to be sold on 09/04/2025), though the filing states facts only

Insights

Securities Analyst

TL;DR: Routine insider resale notice showing modest-sized proposed sale and a recent related sale; appears procedural, not transformative.

The filing documents a proposed sale of 25,000 common shares with an aggregate market value of $912,250 and discloses a prior sale of 28,843 shares yielding $1,064,327. The shares to be sold were acquired the same day by OP unit redemption, indicating these are newly-issued or converted holdings being monetized. Given the company's total outstanding share count of 186,696,691, the proposed sale represents a de minimis portion of the float. The filing contains required attestations and identifies Raymond James as the broker and the NYSE as the venue.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 procedural requirements; attestation provided, no unusual governance signals present.

The notice properly lists acquisition details (OP unit redemption), broker, sale date, and past sales within three months. The filer signs the standard certification about absence of undisclosed material adverse information. There is no information in the form about any trading plan or 10b5-1 adoption date. From a governance perspective, the document is a standard compliance disclosure without additional governance commentary.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Raymond James 880 Carillon Parkway St. Petersburg FL 33716	25000	912250	186696691	09/04/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	09/04/2025	OP unit redemption	Issuer			25000	09/04/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Benjamin S. Butcher c/o STAG Industrial, Inc. One Federal Street, 23rd Floor Boston MA 02110	Common Stock	06/06/2025	28843	1064327

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for STAG (STAG) report?

The form reports a proposed sale of 25,000 shares of STAG common stock through Raymond James on the NYSE on 09/04/2025 with an aggregate market value of $912,250.

How were the 25,000 STAG shares acquired according to the filing?

The shares were acquired on 09/04/2025 via an OP unit redemption from the issuer and paid for on the same date.

Has the filer recently sold other STAG shares?

Yes: Benjamin S. Butcher sold 28,843 shares on 06/06/2025 for gross proceeds of $1,064,327, as disclosed in the filing.

How many STAG shares are outstanding per the filing?

The filing reports 186,696,691 shares outstanding for calculating the relative size of the proposed sale.

Who is the broker and where will the sale occur?

Raymond James (880 Carillon Parkway, St. Petersburg, FL) is named as the broker and the sale is listed to occur on the NYSE.