---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-309628"
form_type: "8-K"
ticker: "PLD"
cik: "0001045609"
company_name: "Prologis, Inc."
filed_at: "2025-12-05T23:59:59+00:00"
generated_at: "2026-05-16T14:11:04.450146+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Prologis modifies equity award terms for CEO and two executives, adds dividend equivalents

## Summary
- Compensation Committee approved new PSU agreement with cash-settled dividend equivalents on Target PSUs for 2020 plan.
- Amendment removes retirement eligibility waiver for equity awards granted on or after Jan 1, 2026 for Daniel Letter, Timothy Arndt, and Carter Andrus.
- Updated PSU agreement covers performance period from Jan 1, 2026 to Dec 31, 2028 with cash dividend equivalents accrued during period.
- Executives affected: Daniel S. Letter (CEO), Timothy D. Arndt (CFO), and Carter H. Andrus (COO).
- Change applies to all equity-based awards granted on or after January 1, 2026.

## SEC filing metadata
- accession: 0001193125-25-309628
- form_type: 8-K
- ticker: PLD
- cik: 0001045609
- company_name: Prologis, Inc.
- filed_at: 2025-12-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045609/000119312525309628/0001193125-25-309628-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045609/000119312525309628/d28351d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-309628
- JSON: https://secwatch.observer/filing/0001193125-25-309628.json
- Plain text: https://secwatch.observer/filing/0001193125-25-309628.txt

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