Prologis Director Accrues Dividend Equivalent Units

Transaction Overview

On September 30, 2026, Prologis, Inc. ($PLD) director James B. Connor acquired 52.1336 Dividend Equivalent Units (DEUs) under the company's Nonqualified Deferred Compensation Plan (NQDC Plan). The units were granted at $0 per share pursuant to transaction code 'A' and converted/settled at a 1:1 ratio for common stock upon vesting and deferral terms.

Nature of Transaction & Compensation

As disclosed in the footnotes, these DEUs represent dividend accruals on previously granted Deferred Stock Units (DSUs) linked to board service. Whenever Prologis pays regular common stock dividends, equivalent units accrue on outstanding DSUs at the standard dividend rate. The receipt is deferred alongside the underlying DSUs.

Following this transaction, Mr. Connor holds a direct beneficial ownership of 6,378.3268 derivative units (inclusive of both DSUs and accumulated DEUs).

Market Significance

This transaction is categorized as Low trading significance. It is a standard, automated administrative accrual resulting from quarterly dividend distributions rather than an open-market purchase or sale reflecting directional sentiment.