Director at STAG Industrial (NYSE: STAG) takes $16,250 quarterly fee in stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jacoby Francis X III reported acquisition or exercise transactions in this Form 4 filing.
STAG Industrial, Inc. director Francis X. Jacoby III received an award of 440 shares of common stock on April 15, 2026. These shares were issued as compensation under the company’s 2011 Equity Incentive Plan instead of a cash quarterly director fee of $16,250.
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 grant, Jacoby directly holds 33,808 shares of STAG Industrial common stock, reflecting routine, compensation-related equity rather than an open‑market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jacoby Francis X III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 440 | $36.86 | $16K |
Holdings After Transaction:
Common Stock — 33,808 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 440 shares
Implied fee amount: $16,250
Valuation price: $36.86 per share
+2 more
5 metrics
Shares granted
440 shares
Common stock award on April 15, 2026
Implied fee amount
$16,250
Quarterly director fee paid in stock
Valuation price
$36.86 per share
10-day average closing price ended April 10, 2026
Post-grant holdings
33,808 shares
Director’s direct STAG common stock after award
Equity plan year
2011
STAG Industrial Equity Incentive Plan reference
Key Terms
Equity Incentive Plan, Grant, award, or other acquisition, quarterly fees, average closing price
4 terms
Equity Incentive Plan financial
"pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended"
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
quarterly fees financial
"in lieu of quarterly fees of $16,250 for the reporting person's services as a director"
average closing price financial
"valued at the average closing price of the shares for the 10-day period ended April 10, 2026"
FAQ
What did STAG (STAG) director Francis X. Jacoby III report on this Form 4?
Francis X. Jacoby III reported receiving 440 STAG Industrial common shares as a stock award. The grant was made in lieu of $16,250 in quarterly director fees, under the company’s 2011 Equity Incentive Plan, and is a routine compensation-related acquisition rather than a market trade.
Was the STAG (STAG) Form 4 transaction a stock purchase or compensation grant?
The Form 4 shows a compensation grant, not an open-market purchase. Jacoby received 440 shares as a director fee converted into stock under the 2011 Equity Incentive Plan, reflecting routine equity-based compensation instead of cash, with no separate market trading decision disclosed here.
What plan governed the STAG (STAG) equity grant to director Jacoby?
The grant was issued under STAG Industrial, Inc.’s 2011 Equity Incentive Plan, as amended. This plan allows the company to pay certain director compensation in stock rather than cash, aligning director interests with shareholders through ongoing equity-based awards in the company’s common stock.