---
schema_version: "secwatch.filing_event.v1"
accession: "0001479094-22-000011"
form_type: "8-K"
ticker: "STAG"
cik: "0001479094"
company_name: "STAG Industrial, Inc."
filed_at: "2022-05-03T23:59:59+00:00"
generated_at: "2026-06-26T01:24:33.832278+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# STAG Industrial Q1 net income $0.30/share; Core FFO $0.53 (+8.2% YoY); CEO succession set for July

## Summary
- Net income per share $0.30 vs $0.13 YoY; Core FFO per diluted share $0.53 (+8.2% YoY).
- Cash NOI $122.9M (+18.6%); Same Store Cash NOI $103.6M (+4.8%).
- Acquired 8 buildings for $166.4M at 5.0% cash cap rate; sold one for $36.1M, gain $24.0M.
- Occupancy 96.9%; commenced 3.1M sq ft leases with cash rent change +15.2%.
- CEO Ben Butcher to become Executive Chair July 1; President Bill Crooker to succeed as CEO.

## SEC filing metadata
- accession: 0001479094-22-000011
- form_type: 8-K
- ticker: STAG
- cik: 0001479094
- company_name: STAG Industrial, Inc.
- filed_at: 2022-05-03T23:59:59+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/1479094/000147909422000011/0001479094-22-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1479094/000147909422000011/stag-20220503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001479094-22-000011
- JSON: https://secwatch.observer/filing/0001479094-22-000011.json
- Plain text: https://secwatch.observer/filing/0001479094-22-000011.txt

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