secwatch.observer — SEC 8-K summary
======================================

Issuer:     Prologis, Inc. (PLD)
CIK:        0001045609
Form:       8-K
Filed at:   2025-12-05T23:59:59+00:00
Accession:  0001193125-25-309628
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1045609/000119312525309628/0001193125-25-309628-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1045609/000119312525309628/d28351d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-309628

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer