secwatch.observer — SEC 8-K summary
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Issuer:     Prologis, Inc. (PLD)
CIK:        0001045609
Form:       8-K/A
Filed at:   2026-01-22T23:59:59+00:00
Accession:  0001193125-26-019620
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Letter gets $1M salary, $15.75M LTI target; Moghadam gets $13.75M PSU target + 220k LTIP units
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- Daniel Letter promoted to CEO effective Jan 1 2026; base salary $1M, bonus target 200% of base, LTI target $15.75M.
- Hamid Moghadam becomes Executive Chairman; 2026 PSU target value $13.75M.
- Moghadam receives one-time grant of 220,000 LTIP units cliff-vesting on third anniversary.
- Compensation packages approved by Talent and Compensation Committee on Jan 20, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1045609/000119312526019620/0001193125-26-019620-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1045609/000119312526019620/d53082d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-019620

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