---
schema_version: "secwatch.filing_event.v1"
accession: "0001479094-22-000005"
form_type: "8-K"
ticker: "STAG"
cik: "0001479094"
company_name: "STAG Industrial, Inc."
filed_at: "2022-02-16T23:59:59+00:00"
generated_at: "2026-06-27T07:28:44.542866+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# STAG Industrial Q4 Core FFO rises 4.1% to $0.51; CEO transition announced

## Summary
- Net income $86.2M ($0.50/sh) vs $94.6M ($0.63/sh) in Q4 2020; Core FFO $0.51 (+4.1% YoY).
- Full year 2021 Core FFO $2.06 per diluted share, up 9.0% from $1.89 in 2020.
- Acquired 35 buildings for $689.5M at 5.0% cash cap rate in Q4; occupancy 96.9% as of Dec 31.
- CEO Ben Butcher to become Executive Chair; President William R. Crooker expected to succeed as CEO; Matts S. Pinard promoted to CFO (effective Jan 10, 2022).
- Raised $386.3M net equity via follow-on offering in Q4 2021; Cash NOI $114.5M (+14.0% YoY).

## SEC filing metadata
- accession: 0001479094-22-000005
- form_type: 8-K
- ticker: STAG
- cik: 0001479094
- company_name: STAG Industrial, Inc.
- filed_at: 2022-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1479094/000147909422000005/0001479094-22-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1479094/000147909422000005/stag-20220216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001479094-22-000005
- JSON: https://secwatch.observer/filing/0001479094-22-000005.json
- Plain text: https://secwatch.observer/filing/0001479094-22-000005.txt

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