Prologis, Inc. 4

Prologis Chief Development Officer Austin Damon received an award of 10,708 LTIP Units that may ultimately be settled into Prologis common stock, bringing his direct holdings to 10,708 LTIP Units and 107,708 common shares.

On July 14, 2026, Prologis, Inc. Chief Development Officer Austin Damon received an equity-based compensation grant of 10,708 LTIP Units of Prologis, L.P., at a stated value of approximately $0.01 per unit, under the company’s 2020 Long-Term Incentive Plan. These LTIP Units vest in four equal annual installments of 25% each on July 14 of 2027, 2028, 2029, and 2030, contingent on continued employment. Once vested and subject to certain tax-related capital account thresholds, each LTIP Unit can be converted into a common partnership unit, which may then be redeemed for either cash equal to the fair market value of one Prologis common share or, at the company’s election, one share of Prologis common stock, with no expiration on the conversion or redemption rights. Following this award, Damon directly holds 10,708 LTIP Units and 107,708 shares of common stock, with the common stock holdings alone worth roughly $15.98 million at the referenced market price.

Filing Facts

CIK

1045609

Ticker

PLD

Form

4

Source Type

sec

Accession

0001193125-26-306401

Alert Tier

5