Prologis, Inc. 4

Trisha L. Burns, Chief Accounting Officer of Prologis, Inc., was awarded 694 LTIP Units (equity-based awards convertible into common stock equivalents) on July 14, 2026 under the company’s long-term incentive plan.

On July 14, 2026, Prologis, Inc. Chief Accounting Officer Trisha L. Burns received an equity-based long-term incentive award of 694 LTIP Units of Prologis, L.P., which are structured to vest in four equal 25% installments on July 14 of 2027, 2028, 2029, and 2030, contingent upon continued employment. These LTIP Units are issued under the Prologis, Inc. 2020 Long-Term Incentive Plan and are economically linked to Prologis common stock: once vested and subject to tax capital account conditions, each LTIP Unit can be converted into a common partnership unit, which in turn may be redeemed for cash equal to the market value of one share of Prologis common stock or, at the company’s election, one share of common stock. The Form 4 reflects this as an acquisition transaction at a nominal price of $0.01 per unit, increasing Burns’s derivative interest and resulting in post-transaction direct ownership of 11,429 shares (or share-equivalent units), representing a routine compensation-related grant rather than an open-market purchase or sale.

Filing Facts

CIK

1045609

Ticker

PLD

Form

4

Source Type

sec

Accession

0001193125-26-306400

Alert Tier

5