STAG (NYSE: STAG) director receives 610-share equity grant in lieu of $22,500 fee
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 director Chin Jit Kee received 610 shares of Common Stock as an equity award. The shares were issued under STAG Industrial, Inc.'s 2011 Equity Incentive Plan in lieu of quarterly director fees of $22,500, and were valued at an average closing price of $36.86 per share over the 10-day period ended April 10, 2026. Following this grant, the director holds 11,055 shares of STAG Industrial common stock directly, reflecting routine stock-based compensation rather than an open-market purchase or sale.
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 | 610 | $36.86 | $22K |
Holdings After Transaction:
Common Stock — 11,055 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 610 shares
Per-share valuation: $36.86 per share
Quarterly fees value: $22,500
+2 more
5 metrics
Shares granted
610 shares
Equity award in lieu of quarterly director fees
Per-share valuation
$36.86 per share
Average closing price over 10-day period ended April 10, 2026
Quarterly fees value
$22,500
Director fees replaced by stock issuance
Post-transaction holdings
11,055 shares
Director’s direct ownership after the grant
Form type
Form 4
Insider equity award reporting
Key Terms
2011 Equity Incentive Plan, quarterly fees, Common Stock
3 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 $22,500 for the reporting person's services as a director"
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did STAG (STAG) director Chin Jit Kee report?
Director Chin Jit Kee reported receiving 610 shares of STAG Industrial Common Stock as an equity grant. The shares were issued as compensation under the company’s 2011 Equity Incentive Plan instead of a cash quarterly director fee payment.
Was the STAG (STAG) Form 4 transaction a stock market purchase or sale?
The Form 4 transaction was not an open-market trade; it was a grant of 610 shares. These shares were issued as compensation in lieu of a $22,500 cash director fee, based on an average share price of $36.86.
What are Chin Jit Kee’s STAG (STAG) holdings after this Form 4 grant?
After receiving the 610-share equity award, director Chin Jit Kee directly holds 11,055 shares of STAG Industrial Common Stock. This reflects updated direct ownership following the compensation grant reported in the Form 4 filing.