Benjamin S. Butcher - Jan 15, 2025 Form 4 Insider Report for STAG Industrial, Inc. (STAG)

Role
Director
Signature
/s/ Jeffrey M. Sullivan, Attorney-in-Fact
Stock symbol
STAG
Transactions as of
Jan 15, 2025
Transactions value $
$16,219
Form type
4
Date filed
1/16/2025, 04:21 PM
Previous filing
Jan 10, 2025
Next filing
Feb 19, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STAG Common Stock Award $16.2K +483 +5.28% $33.58 9.63K Jan 15, 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $16,250.00 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended January 8, 2025, which was $33.58.
F2 Due to an inadvertent administrative error in a Form 4 filed on November 27, 2023, the number of shares beneficially owned reported was 7,522 shares, rather than the correct number of 7,488. The result of the error in subsequent filings was to over report direct holdings by the reporting person by 34 shares. This filing properly reflects the correct number of shares as of January 15, 2025.