Director at STAG Industrial (STAG) paid fees with 576-share grant

Rhea-AI Filing Summary

Furber Jeffrey D. reported acquisition or exercise transactions in this Form 4 filing.

STAG Industrial, Inc. director Jeffrey D. Furber received a grant of 576 shares of common stock as compensation for his board service. The shares were issued in lieu of quarterly director fees of $21,250 under the company’s 2011 Equity Incentive Plan.

The stock was valued at an average closing price of $36.86 per share, based on the 10-day period ended April 10, 2026. Following this award, Furber directly holds 54,998 shares of STAG Industrial common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Furber Jeffrey D.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	576	$36.86	$21K

Holdings After Transaction: Common Stock — 54,998 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 576 shares Implied fee amount: $21,250 Valuation price: $36.86 per share +1 more

4 metrics

Shares granted 576 shares Common stock award in lieu of quarterly director fees

Implied fee amount $21,250 Quarterly director fees replaced by stock grant

Valuation price $36.86 per share Average closing price over 10-day period ended April 10, 2026

Shares owned after grant 54,998 shares Director’s direct holdings following the transaction

Key Terms

2011 Equity Incentive Plan, quarterly fees, average closing price, Form 4

4 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 $21,250 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 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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^*

Furber Jeffrey D.

(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		576	A	$36.86(1)	54,998	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 $21,250 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 did STAG (STAG) director Jeffrey D. Furber report in this Form 4?

Jeffrey D. Furber reported receiving 576 shares of STAG Industrial common stock. The shares were granted as compensation for his quarterly board fees, issued under the 2011 Equity Incentive Plan instead of a cash payment of $21,250.

How were the STAG (STAG) shares granted to the director valued?

The 576 shares granted to the director were valued at $36.86 per share. This value reflects the average closing price of STAG Industrial common stock over the 10-day period that ended on April 10, 2026, as specified in the filing.

What director fees did the STAG (STAG) stock award replace?

The stock award replaced quarterly director fees totaling $21,250. Instead of receiving cash, Jeffrey D. Furber accepted 576 shares of common stock, issued pursuant to STAG Industrial’s 2011 Equity Incentive Plan, as amended, for his services as a director.

How many STAG (STAG) shares does the director hold after this grant?

After the grant, Jeffrey D. Furber directly holds 54,998 shares of STAG Industrial common stock. This post-transaction figure reflects his total direct ownership as reported in the Form 4, incorporating the newly awarded 576-share compensation grant.

Was this STAG (STAG) Form 4 an open-market purchase or compensation grant?

This Form 4 reflects a compensation grant, not an open-market purchase. The 576 shares were issued to the director under the company’s 2011 Equity Incentive Plan in lieu of a $21,250 cash fee for quarterly board services.