STAG Industrial (NYSE: STAG) director receives 440-share equity grant in lieu of fees

Rhea-AI Filing Summary

Wilbon Vicki Lundy reported acquisition or exercise transactions in this Form 4 filing.

STAG Industrial, Inc. director Vicki Lundy Wilbon received a grant of common stock as board compensation. She was awarded 440 shares of common stock on April 15, 2026, valued at $36.86 per share, in lieu of $16,250 in quarterly director fees.

Following this equity award, she directly holds 3,164 shares of STAG Industrial common stock. The grant was made under STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, and the value per share was based on the average closing price over the 10-day period ended April 10, 2026.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Wilbon Vicki Lundy

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	440	$36.86	$16K

Holdings After Transaction: Common Stock — 3,164 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 440 shares Grant value per share: $36.86 per share Quarterly fees replaced: $16,250 +1 more

4 metrics

Shares granted 440 shares Director equity award on April 15, 2026

Grant value per share $36.86 per share Average closing price over 10 days ended April 10, 2026

Quarterly fees replaced $16,250 Director fees paid in stock instead of cash

Shares held after grant 3,164 shares Director’s direct holdings following the award

Key Terms

2011 Equity Incentive Plan, quarterly fees, average closing price

3 terms

2011 Equity Incentive Plan financial

"The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended"

quarterly fees financial

"in lieu of quarterly fees of $16,250 for the reporting person's services as a director"

average closing price financial

"The shares were valued at the average closing price of the shares for the 10-day period ended April 10, 2026"

Form 4 Insider Transactions: What Each Field Means →

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^*

Wilbon Vicki Lundy

(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)
04/15/2026

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	04/15/2026		A		440	A	$36.86(1)	3,164	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 April 10, 2026, which was $36.86.

	/s/ Jeffrey M. Sullivan, Attorney-in-Fact	04/17/2026
	** 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)

FAQ

What insider transaction did STAG (STAG) report for director Vicki Lundy Wilbon?

STAG reported that director Vicki Lundy Wilbon received a grant of 440 shares of common stock. The award was compensation for her director services, issued instead of a cash quarterly fee of $16,250 under the company’s equity incentive plan.

At what value were the new STAG (STAG) shares granted to the director?

The 440 STAG shares were valued at $36.86 per share. This value was based on the average closing price of the stock over the 10-day period ended April 10, 2026, as specified in the company’s 2011 Equity Incentive Plan.

How many STAG (STAG) shares does the director hold after this Form 4 transaction?

After the stock grant, director Vicki Lundy Wilbon directly holds 3,164 STAG common shares. This updated holding reflects the addition of 440 shares issued as equity compensation in lieu of her $16,250 quarterly director fees under the incentive plan.

Was the STAG (STAG) director’s Form 4 transaction a market purchase or a grant?

The transaction was a grant, not a market purchase. The 440 STAG shares were issued as an equity award in lieu of cash fees, categorized as a grant or award acquisition under transaction code “A” in the Form 4 filing.

What plan governed the STAG (STAG) director’s stock grant reported on Form 4?

The stock grant was made under STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended. This plan allows directors to receive company common stock instead of cash fees, with share value based on a specified average closing price period.