STAG Industrial director receives stock-for-fees grant

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

Rhea-AI Filing Summary

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

STAG Industrial, Inc. director Jeffrey D. Furber reported receiving a grant of 546 shares of Common Stock on July 15, 2026. The award was issued under STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly director fees of $21,250.

The shares were valued at an average closing price of $38.89 for the 10-day period ended July 10, 2026. Following this stock-for-fees grant, Furber directly holds 55,544 shares of STAG Industrial, Inc. common stock.

Insider Trade Summary

Grant/Award: 546 shares

Grant/Award 1 txn

Insider Furber Jeffrey D.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	546	$38.89	$21K

Holdings After Transaction: Common Stock — 55,544 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 $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 July 10, 2026, which was $38.89.

Key Figures

Shares granted: 546 shares Implied share value: $38.89 per share Quarterly fees converted to stock: $21,250 +1 more

4 metrics

Shares granted 546 shares Common Stock grant to director on July 15, 2026

Implied share value $38.89 per share Average closing price for 10-day period ended July 10, 2026 used to value grant

Quarterly fees converted to stock $21,250 Director fees replaced with shares under 2011 Equity Incentive Plan

Shares held after transaction 55,544 shares Total Common Stock directly owned by director after grant

Key Terms

Equity Incentive Plan, in lieu of quarterly fees, average closing price

3 terms

Equity Incentive Plan financial

"The shares were issued to the reporting person 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.

in lieu of 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"

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.

FAQ

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

What insider transaction did STAG (STAG) director Jeffrey D. Furber report?

Jeffrey D. Furber reported acquiring 546 shares of Common Stock of STAG Industrial, Inc. on July 15, 2026. The shares were granted as director compensation under the 2011 Equity Incentive Plan, rather than purchased in the open market.

How many STAG (STAG) shares does Jeffrey D. Furber hold after this Form 4 transaction?

After the reported grant, Jeffrey D. Furber directly holds 55,544 shares of STAG Industrial, Inc. common stock. This total reflects the addition of 546 shares received as a stock award in lieu of his quarterly director fees.

What was the value of director fees paid in stock to the STAG (STAG) director?

The director received shares in lieu of $21,250 in quarterly fees for his services on the board. That cash fee amount was converted into 546 shares of STAG Industrial, Inc. common stock under the company’s equity incentive plan.

At what price were the STAG (STAG) shares valued for the director’s stock grant?

The 546 shares granted to the director were valued at $38.89 per share. This value represents the average closing price of STAG Industrial, Inc. common stock for the 10-day period ended July 10, 2026.

Was the STAG (STAG) director’s Form 4 transaction an open-market purchase or a compensation award?

The transaction was a compensation award, not an open-market purchase. Shares were issued to the director under the 2011 Equity Incentive Plan in lieu of cash quarterly fees, classified as a grant/award acquisition.

Under what plan were the STAG (STAG) shares granted to the director in this Form 4?

The 546 shares were issued pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended. This plan allows the company to grant stock-based compensation, including issuing shares instead of cash fees to directors.

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

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Accepted by SEC EDGAR 07/16/2026 - 04:50 PM Learn about SEC filing dates

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)
07/15/2026

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	07/15/2026		A		546	A	$38.89(1)	55,544	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 July 10, 2026, which was $38.89.

	/s/ Jeffrey M. Sullivan, Attorney-in-Fact	07/16/2026
	** 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)