Highest-materiality recent filing
STAG Industrial Q2 2026 Core FFO $0.65 (+3.2% YoY); acquires $287M in properties
Net income $52.9M ($0.28/share) vs $50.0M ($0.27) YoY; Core FFO $0.65/share (+3.2%).
STAG Industrial amends $350M term loan, extends maturity to 2032, reduces spread by 5 bps
Combined $150M and $200M unsecured term loans into a single $350M Amended Unsecured Term Loan A.
STAG Industrial stockholders approve all proposals at 2026 annual meeting
All 11 director nominees elected; lowest votes for 154,098,909 (Dilley), highest 164,134,836 (Wilbon).
STAG Industrial Q1 net income $62M ($0.32/sh) down 32% YoY; Core FFO up 6.6% to $0.65
Net income attributable to common stockholders fell to $62.0M ($0.32/sh) from $91.3M ($0.49) YoY.
STAG Industrial adds Huntington Securities as ATM sales agent under $750M program
Equity distribution agreement with Huntington Securities executed Feb 12, 2026.
STAG Industrial Q4 net income $0.44/share; Core FFO $0.66 (+8.2% YoY); Same Store NOI +5.4%
Net income per diluted share $0.44 (Q4 2025) vs $0.28 (Q4 2024); net income $83.4M vs $50.9M.
STAG Industrial Q3 net income $0.26/shr, Core FFO $0.65 (+8.3% YoY), Same Store NOI +3.9%
Net income $48.6M ($0.26/diluted) vs $41.8M ($0.23) YoY; Core FFO $0.65/shr, up 8.3% YoY.
Extended $300M unsecured term loan G maturity from Feb 6, 2026 to March 15, 2030, with one-year extension option.
STAG Industrial Q2 Core FFO $0.63 (+3.3% YoY), Cash NOI up 8.9% to $161.7M
Net income $0.27 per share (vs $0.33 YoY); Core FFO per diluted share $0.63, up 3.3%.
STAG Industrial shareholders approve all proposals at 2025 annual meeting
All 11 director nominees elected; votes for ranged from 146.6M (Dilley) to 155.4M (Kee Chin/Wilbon).
STAG Industrial Q1 net income jumps to $0.49/share; Core FFO up 3.4% YoY
Net income per diluted share $0.49 vs $0.20 YoY; net income attributable to common stockholders $91.3M vs $36.6M.
STAG Industrial enters $550M note purchase agreement for senior unsecured notes
$350M Series A notes at 5.50% due June 25, 2030; $100M Series B at 5.82% due 2033; $100M Series C at 5.99% due 2035.
STAG Industrial files new S-3ASR shelf, continues $750M ATM program with $510.5M remaining
Filed new automatic shelf registration statement on Form S-3ASR replacing prior shelf (No. 333-262791).
STAG Industrial Q4 Core FFO $0.61 (+5.2% YoY); acquired 15 buildings for $293.7M
Q4 net income $50.9M ($0.28 per diluted share) vs $41.7M ($0.23) in Q4 2023.
STAG Industrial Q3 Core FFO $0.60 (+1.7% YoY); net income $0.23 vs $0.28 YoY
Net income attributable to common stockholders $41.8M ($0.23 per share) vs $50.0M ($0.28) in Q3 2023.
STAG Industrial extends $1.0B unsecured credit facility maturity to Sep 2028, adjusts interest rate
Second Amended and Restated Credit Agreement extends maturity of $1.0B unsecured facility from Oct 2025 to Sep 8, 2028.
STAG Industrial Q2 2024: Core FFO $0.61 (+8.9%), Cash NOI +10.3%, occupancy 97.1%
Net income attributable to common stockholders $59.7M ($0.33/sh) vs $51.6M ($0.29/sh) YoY.
STAG Industrial appoints Vicki Lundy Wilbon to Board effective July 1, 2024
Board size increased from 10 to 11; Wilbon appointed effective July 1, 2024, subject to re-election at 2025 annual meeting.
STAG Industrial Q1 Core FFO $0.59 (+7.3% YoY); Cash NOI up 9.7%
Net income $36.6M ($0.20 EPS) vs $49.4M ($0.28) YoY; Core FFO $0.59 per diluted share.
Annual meeting results: all director nominees elected, auditor ratified, say-on-pay approved
10 director nominees elected with majority support; Christopher P. Marr received the most against votes (32M).
STAG Industrial extends $200M unsecured term loan maturity to 2027 with improved pricing
Extended maturity of $200M unsecured term loan to March 25, 2027, with two one-year extension options.
STAG Industrial closes $450M private placement of senior notes; rates 6.05%-6.30%
$450M total: $175M 6.05% Series A due 2029, $125M 6.17% Series B due 2031, $150M 6.30% Series C due 2034.
STAG Industrial Q4 2023: Net income $0.23/shr, Core FFO $0.58/shr (+5.5% YoY), Cash NOI +10%
Net income $41.7M ($0.23/shr) vs $29.7M ($0.17/shr) in Q4 2022, up 40%.
STAG Industrial Q3 Core FFO $0.59 per share, up 3.5% YoY; Cash NOI $140.7M up 6.7%
Net income $50.0M ($0.28/diluted share) vs $63.3M ($0.35) YoY; Core FFO $0.59/diluted share, up 3.5%.
STAG Industrial Q2 net income $0.29/sh, up from $0.18; record 28% cash rent change
Net income $51.6M ($0.29/sh) vs $32.3M ($0.18/sh) in Q2 2022; Core FFO $0.56/sh flat.
STAG Industrial shareholders approve 3.5M share increase to equity plan, extend to 2033
Amendment increased share reserve by 3.5M shares to 10,142,461 total under 2011 Equity Incentive Plan.
STAG Industrial Q1 net income $49.4M ($0.28/sh); Core FFO $0.55, up 3.8% YoY
Net income $49.4M ($0.28/sh) vs $52.8M ($0.30/sh) YoY; Core FFO $0.55/sh (+3.8%).
Benjamin Butcher's role as Executive Chairman ends June 30, 2023; expected to continue as non-management director if re-elected.
STAG Industrial Q4 Core FFO $0.55 (+7.8% YoY); Cash NOI $130.1M (+13.7%)
Net income $29.7M ($0.17/diluted share) vs $86.2M ($0.50) in Q4 2021; drop due to lower gains.
STAG Industrial Q3 2022 Core FFO $0.57 (+7.5% YoY); net income $63.3M
Reported net income $63.3M ($0.35 diluted EPS) vs $48.4M ($0.30) in Q3 2021.
STAG Industrial amends $650M in term loans to SOFR-based pricing
Third amended $150M term loan A matures March 2027; interest now SOFR + 0.10% adj. + 0.85% spread.
STAG Industrial upsizes credit facility to $1.0B and closes $375M in term loans
Unsecured credit facility increased from $750M to $1.0B; LIBOR replaced with SOFR plus 0.10% adjustment.
STAG Industrial Q2 Core FFO per share $0.56 (+7.7% YoY); acquires $165.4M in assets
Net income attributable to common stockholders $32.3M ($0.18 per share) vs $32.6M a year ago.
STAG Industrial appoints Crooker CEO, Butcher Executive Chair, as part of succession plan
William R. Crooker appointed CEO and President effective July 1, 2022; base salary $600,000.
STAG Industrial Q1 net income $0.30/share; Core FFO $0.53 (+8.2% YoY); CEO succession set for July
Net income per share $0.30 vs $0.13 YoY; Core FFO per diluted share $0.53 (+8.2% YoY).
STAG Industrial enters into $750M at-the-market equity distribution agreements
Up to $750M of common stock may be sold through 14 sales agents in ATM offerings.
STAG Industrial Q4 Core FFO rises 4.1% to $0.51; CEO transition announced
Net income $86.2M ($0.50/sh) vs $94.6M ($0.63/sh) in Q4 2020; Core FFO $0.51 (+4.1% YoY).
Benjamin Butcher to become Executive Chairman on July 1, 2022; William Crooker succeeds him as CEO and joins the Board.
Underwriters exercised option in full for additional 1.2M shares of common stock on December 1, 2021.
STAG Industrial sells 8M shares of common stock in combined offering at $41.99/share
Company directly sold 5.25M shares at $41.99/share, raising approximately $220M.
STAG Industrial Q3 Core FFO per share $0.53 (+15.2% YoY); net income $0.30 per share
Net income attributable to common stockholders $48.4M vs $22.4M YoY; EPS $0.30 vs $0.15.
STAG Industrial EVP David G. King to depart Sept 17; severance expense ~$2.2M
David G. King, EVP and Director of Real Estate Operations, will leave the company effective September 17, 2021.
STAG Industrial Q2 net income $0.20/share; Core FFO $0.52 (+10.6% YoY); raises 2021 outlook
Net income $32.6M ($0.20 diluted) vs $17.6M ($0.12) in Q2 2020.
STAG Industrial raises $325M in private placement of senior unsecured notes
$275M notes at 2.80% fixed interest, maturing September 29, 2031.
On June 28, 2024, the Board of Directors (the “Board”) of STAG Industrial, Inc. (the “Company”) increased the size of the Board from 10 members to 11 members and appointed Vicki Lundy Wilbon to the Board, effective as of July 1, 2024, and subject to re-election at the next annual meeting of stockholders to be held in 2025.
On March 16, 2023, in connection with the successful completion of the Company’s management succession plan, the Board provided a notice of non-renewal to Mr. Butcher, whose role as Executive Chairman will end on June 30, 2023.
On March 16, 2023, the Company announced that the Board appointed Steven T. Kimball as Executive Vice President – Real Estate Operations of the Company, effective when he commences employment (expected this spring).
the Board expects that (i) Mr. Butcher will continue to serve on the Board as a non-management director, effective as of July 1, 2023 and (ii) Larry T. Guillemette, the Company’s current Lead Independent Director, will become the Chairman of the Board.
the Board appointed William R. Crooker to the role of Chief Executive Officer of the Company, in addition to his role as President, effective as of July 1, 2022.
the Board increased the size of the Board from nine to ten members and appointed Mr. Crooker to the Board and the Investment Committee of the Board, effective as of July 1, 2022
the Board appointed Benjamin S. Butcher as the Executive Chair of the Board, effective as of July 1, 2022.
Stephen C. Mecke, the Company’s Executive Vice President and Chief Operating Officer, gave the Company written notice of his intention to retire from his positions with the Company on December 31,
the Board promoted Michael C. Chase to Executive Vice President of the Company, in addition to his current role as Chief Investment Officer, effective as of July 1, 2022.
the Board appointed Matts S. Pinard as the Company’s Executive Vice President, Chief Financial Officer and Treasurer, effective immediately.
William R. Crooker, the Company’s current President, will be appointed Chief Executive Officer and join the Board of Directors.
Mr. Crooker, the Company’s Chief Financial Officer and Treasurer until Mr. Pinard’s appointment, will no longer be the Company’s principal financial officer
Max materiality 0.80 · Median 0.65 · Most common event earnings