---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-107018"
form_type: "8-K"
ticker: "STAG"
cik: "0001479094"
company_name: "STAG Industrial, Inc."
filed_at: "2021-08-17T23:59:59+00:00"
generated_at: "2026-06-29T09:31:14.450534+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# STAG Industrial EVP David G. King to depart Sept 17; severance expense ~$2.2M

## Summary
- David G. King, EVP and Director of Real Estate Operations, will leave the company effective September 17, 2021.
- Severance includes lump-sum cash, insurance continuation, immediate vesting of LTIP units, and pro-rated performance award.
- Estimated total accounting expense of $2.2 million, of which $0.5 million is non-cash.
- Severance is contingent on meeting conditions in Mr. King's employment and award agreements.

## SEC filing metadata
- accession: 0001104659-21-107018
- form_type: 8-K
- ticker: STAG
- cik: 0001479094
- company_name: STAG Industrial, Inc.
- filed_at: 2021-08-17T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1479094/000110465921107018/0001104659-21-107018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1479094/000110465921107018/tm2125323d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-107018
- JSON: https://secwatch.observer/filing/0001104659-21-107018.json
- Plain text: https://secwatch.observer/filing/0001104659-21-107018.txt

## Key facts
- Executive change
  David G. King departed as Executive Vice President and Director of Real Estate Operations at STAG Industrial, Inc..
  - Action: agreed to terminate
  - Role: Executive Vice President and Director of Real Estate Operations
  source text: On August 17, 2021, STAG Industrial, Inc., a Maryland corporation (the “Company”), and David G. King, the Company’s Executive Vice President and Director of Real Estate Operations, agreed that Mr. King’s employment with the Company would terminate effective September 17, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1479094/000110465921107018/0001104659-21-107018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.