secwatch.observer — SEC 8-K summary
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Issuer:     Prologis, Inc. (PLD)
CIK:        0001045609
Form:       8-K/A
Filed at:   2023-01-05T23:59:59+00:00
Accession:  0001193125-23-002375
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prologis finalizes leadership changes: Letter President, Reilly Vice Chairman, new comp for CFO
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- Daniel Letter appointed President effective Jan 1, 2023; base salary $600,000, bonus target 130%, LTI target $2,250,000.
- Eugene Reilly appointed Vice Chairman effective same date; compensation not disclosed.
- CFO Timothy Arndt's base salary raised to $600,000, bonus target 120%, LTI target $1,750,000.
- Letter entered amended change-in-control/noncompetition agreement and executed retirement waiver.
- Performance-based awards may vary from targets; determined by compensation committee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1045609/000119312523002375/0001193125-23-002375-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1045609/000119312523002375/d408228d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-002375

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