STAG Industrial director Butcher receives 451 shares

The award replaced $16,250 in quarterly director fees and used a 10-day average closing price for its valuation.

Available on EDGAR 10/16/2026 - 04:12 PM EDT Accepted by SEC EDGAR 10/16/2026 - 04:11 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

STAG Industrial, Inc. director Benjamin S. Butcher acquired 451 shares of common stock on October 15, 2026, under the company's 2011 Equity Incentive Plan in lieu of quarterly director fees of $16,250. The shares were valued at the average closing price over the 10-day period ended October 12, 2026, of $36.03 per share. His direct holdings following the award were 9,756 shares.

Insider Trade Summary

Grant/Award: 451 shares

Grant/Award 1 txn

Insider Butcher Benjamin S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	451	$36.03	$16K

Holdings After Transaction: Common Stock — 9,756 shares (Direct)

Holdings Before and After: Common Stock, 9,305 to 9,756 shares (Direct)

Footnotes (1)

1. F1. The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $16,250 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended October 12, 2026, which was $36.03.

Key Figures

Shares awarded: 451 shares Valuation per share: $36.03 per share Quarterly director fees: $16,250 +1 more

4 metrics

Shares awarded 451 shares Awarded October 15, 2026

Valuation per share $36.03 per share Average closing price for the 10-day period ended October 12, 2026

Quarterly director fees $16,250 Fees in lieu of which the shares were issued

Direct holdings after award 9,756 shares Following the October 15, 2026 award

Key Terms

Equity Incentive Plan, average closing price, quarterly fees

3 terms

Equity Incentive Plan financial

"pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan"

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

average closing price financial

"valued at the average closing price of the shares"

The average closing price is the arithmetic mean of a security’s end-of-day prices over a chosen period, found by adding each day’s closing price and dividing by the number of days. It smooths out daily ups and downs to show a typical market value—like averaging daily temperatures to understand a month’s climate—and helps investors spot trends, judge whether a stock is generally rising or falling, and make clearer buy or sell decisions.

quarterly fees financial

"in lieu of quarterly fees of $16,250"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many STAG shares did Benjamin S. Butcher receive?

Benjamin S. Butcher received 451 shares of STAG common stock on October 15, 2026, under the 2011 Equity Incentive Plan in lieu of quarterly director fees. His direct holdings after the award were 9,756 shares.

How was Benjamin S. Butcher's STAG share award valued?

The 451 shares were valued at $36.03 per share, based on the average closing price for the 10-day period ended October 12, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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
Estimated average burden
hours per response:			0.5

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^*

Butcher Benjamin S

(Last) (First) (Middle)

C/O STAG INDUSTRIAL, INC.

ONE FEDERAL STREET, 23RD FLOOR

(Street)

BOSTON MASSACHUSETTS 02110

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
STAG Industrial, Inc. [ STAG ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026

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

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

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

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	10/15/2026		A		451	A	$36.03(1)	9,756	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. The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $16,250 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended October 12, 2026, which was $36.03.

	/s/ Jeffrey M. Sullivan, Attorney-in-Fact	10/16/2026
	** 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.
* Form 4: SEC 1474 (03-26)