Terreno Realty (TRNO) CEO defers 29,890-share long-term stock award

Rhea-AI Filing Summary

Terreno Realty Corp reported that Chairman and CEO W. Blake Baird, through a Rabbi Trust, received an award of 29,890 shares of common stock on 01/07/2026. These shares were earned under the company’s Long-Term Incentive Plan for a performance period running from January 1, 2023 to December 31, 2025, and were credited at a price of $0 per share, reflecting equity compensation rather than a market purchase. Following this award, the Rabbi Trust held 204,830 shares indirectly for his benefit, while an additional 673,340 shares were reported as directly held. The reporting person elected to defer receipt of all earned shares under Terreno Realty’s Deferred Compensation Plan, meaning the award remains in deferred form rather than being currently delivered as unrestricted stock.

Insider Trade Summary

Net Buyer: 29,890 shares

Net Buy 2 txns

Insider BAIRD W BLAKE

Role CHAIRMAN AND CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $0.01 par value per share	29,890	$0.00	$0.00
holding	Common Stock, $0.01 par value per share	--	--	--

Holdings After Transaction: Common Stock, $0.01 par value per share — 204,830 shares (Indirect, Rabbi Trust); Common Stock, $0.01 par value per share — 673,340 shares (Direct)

Footnotes (1)

1. F1. A total of 29,890 shares of common stock of Terreno Realty Corporation (the "Company") were earned in respect of an award previously granted under the Company's Long-Term Incentive Plan for the performance period from January 1, 2023 to December 31, 2025. The reporting person elected to defer receipt of all such earned shares pursuant to the Terreno Realty Corporation Deferred Compensation Plan.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 01/09/2026 - 04:10 PM Learn about SEC filing dates

FAQ

What did Terreno Realty Corp (TRNO) disclose in this Form 4?

Terreno Realty Corp disclosed that Chairman and CEO W. Blake Baird had 29,890 shares of common stock credited to him as an earned equity award on 01/07/2026, tied to a prior long-term incentive grant.

How many Terreno Realty (TRNO) shares were involved in the CEOs latest transaction?

The Form 4 shows an acquisition of 29,890 shares of common stock at $0 per share, reflecting the vesting or earning of a long-term incentive award rather than an open-market trade.

How are the newly earned Terreno Realty (TRNO) shares held for the CEO?

The 29,890 earned shares are reported as indirectly owned through a Rabbi Trust, with total indirect holdings in the trust listed as 204,830 shares after the transaction.

Did the Terreno Realty CEO personally buy or sell shares in the market?

No market purchase or sale is shown. The Form 4 reports an acquisition at $0 per share from a long-term incentive plan, not an open-market buy or sell.

What is the performance period for the Terreno Realty (TRNO) stock award?

The 29,890-share award was earned under the companys Long-Term Incentive Plan for the performance period from January 1, 2023 to December 31, 2025.

How many Terreno Realty (TRNO) shares does the CEO hold after this transaction?

After the reported transaction, the Form 4 shows 204,830 shares held indirectly through a Rabbi Trust and 673,340 shares held directly.

What did the Terreno Realty CEO elect to do with the earned shares?

The CEO elected to defer receipt of all 29,890 earned shares under the Terreno Realty Corporation Deferred Compensation Plan, so they are not currently delivered as unrestricted stock.

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^*

BAIRD W BLAKE

(Last) (First) (Middle)

10500 NE 8TH STREET, SUITE 1910

(Street)

BELLEVUE WA 98004

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Terreno Realty Corp [ TRNO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHAIRMAN AND CEO

3. Date of Earliest Transaction (Month/Day/Year)
01/07/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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, $0.01 par value per share	01/07/2026		A		29,890(1)	A	$0	204,830	I	Rabbi Trust
Common Stock, $0.01 par value per share								673,340	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. A total of 29,890 shares of common stock of Terreno Realty Corporation (the "Company") were earned in respect of an award previously granted under the Company's Long-Term Incentive Plan for the performance period from January 1, 2023 to December 31, 2025. The reporting person elected to defer receipt of all such earned shares pursuant to the Terreno Realty Corporation Deferred Compensation Plan.

Remarks:

	/S/ W. Blake Baird	01/09/2026
	** 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.