Director Colbert Virgis receives 434 STAG (NYSE: STAG) shares in fee compensation
Rhea-AI Filing Summary
STAG Industrial, Inc. director reports stock compensation grant. Director Colbert Virgis received 434 shares of STAG Industrial common stock on January 15, 2026, reported as an acquisition. The shares were issued under the company’s 2011 Equity Incentive Plan in lieu of quarterly director fees of $16,250, using an average closing share price of $37.36 over the 10-day period ended January 12, 2026. After this grant, the director beneficially owned 22,171 shares, held in a trust for his benefit, for which he serves as trustee.
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FAQ
What did STAG (STAG) insider Colbert Virgis report in this Form 4?
Director Colbert Virgis reported receiving 434 shares of STAG Industrial, Inc. common stock on January 15, 2026, classified as an acquisition of non-derivative securities.
Why did Colbert Virgis receive 434 STAG Industrial shares?
The 434 shares were issued under STAG Industrial, Inc.'s 2011 Equity Incentive Plan in lieu of $16,250 in quarterly director fees for his services as a director.
At what price were the STAG Industrial shares valued for this Form 4 grant?
The shares were valued at an average closing price of $37.36 per share, based on the 10-day period that ended on January 12, 2026.
How many STAG Industrial shares does Colbert Virgis own after this transaction?
Following the reported transaction, Colbert Virgis beneficially owned 22,171 shares of STAG Industrial, Inc. common stock.
How are the STAG Industrial shares held for Colbert Virgis?
The securities are held in a trust for the benefit of Colbert Virgis, and he serves as the trustee of that trust.
Is this STAG Industrial Form 4 transaction a purchase on the open market?
No. The filing explains that the shares were issued as equity compensation in lieu of cash fees, not bought in an open-market transaction.