STAG Industrial (NYSE: STAG) director takes fees in 578 stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chin Jit Kee reported acquisition or exercise transactions in this Form 4 filing.
STAG Industrial, Inc. director Chin Jit Kee received a grant of 578 shares of Common Stock on July 15, 2026, as equity compensation. The shares were issued under the 2011 Equity Incentive Plan in lieu of $22,500 in quarterly director fees, valued at $38.89 per share, bringing direct holdings to 11,633 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chin Jit Kee
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 578 | $38.89 | $22K |
Holdings After Transaction:
Common Stock — 11,633 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 578 shares
Quarterly director fees satisfied: $22,500
Grant valuation price: $38.89 per share
+1 more
4 metrics
Shares granted
578 shares
Common Stock grant on July 15, 2026 to director Chin Jit Kee
Quarterly director fees satisfied
$22,500
Fees paid in stock under 2011 Equity Incentive Plan
Grant valuation price
$38.89 per share
Average closing price for 10-day period ended July 10, 2026
Shares owned after grant
11,633 shares
Director's direct Common Stock holdings following the award
Key Terms
2011 Equity Incentive Plan, in lieu of quarterly fees, average closing price
3 terms
2011 Equity Incentive Plan financial
"issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan"
in lieu of quarterly fees financial
"in lieu of quarterly fees of $22,500 for the reporting person's services"
average closing price financial
"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
What insider transaction did Chin Jit Kee report for STAG on this Form 4?
Director Chin Jit Kee reported receiving 578 shares of STAG Industrial, Inc. Common Stock as a stock grant. The award was issued under the 2011 Equity Incentive Plan as compensation for board service, specifically in lieu of a quarterly director fee payment of $22,500.
How were director fees for STAG (STAG) satisfied in this transaction?
The transaction satisfied $22,500 of quarterly director fees using STAG Industrial stock instead of cash. Shares were issued under the company’s 2011 Equity Incentive Plan, with the grant size based on the 10-day average closing price ending July 10, 2026.
Was the STAG (STAG) director transaction an open-market stock purchase?
No, this was not an open-market purchase; it was a grant of 578 shares as compensation. The shares were issued under STAG Industrial’s 2011 Equity Incentive Plan in lieu of $22,500 in cash quarterly fees for the director’s board service.