James B. Connor - 23 Oct 2025 Form 4 Insider Report for Prologis, Inc. (PLD)

Role: Director
Signature: /s/ Tammy Colvocoresses, Attorney-In-Fact for James B. Connor
Issuer symbol: PLD
Transactions as of: 23 Oct 2025
Net transactions value: $0
Form type: 4
Filing time: 24 Oct 2025, 15:21:25 UTC
Previous filing: 02 Oct 2025
Next filing: 05 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Connor James B.	Director	C/O PROLOGIS, INC., PIER 1, BAY 1, SAN FRANCISCO	/s/ Tammy Colvocoresses, Attorney-In-Fact for James B. Connor	24 Oct 2025	0001507648

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLD	Common Stock	Other	$0	+80,000		$0.000000	80,000	23 Oct 2025	Direct
holding	PLD	Common Stock						4,234	23 Oct 2025	By the Linda P. Connor Declaration of Trust, dated 6/30/05

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PLD	Units	Conversion of derivative security	$0	-80,000	-20%	$0.000000	323,782	23 Oct 2025	Common Stock	80,000	$0.000000	Direct	F1
holding	PLD	Dividend Equivalent Units-NQDC						6,462	23 Oct 2025	Common Stock	6,462	$0.000000	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Conversion of Prologis limited partnership units (the "Common Units") and redemption of Common Units for common stock. The units have no exercisable date or expiration date.
F2	Represents Dividend Equivalent Units (DEUs) earned on Deferred Stock Units (DSUs) associated with current service on our board that are deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (the NQDC Plan). DEUs accrue on outstanding DSUs at the Prologis common stock dividend rate at the time dividends are paid on Prologis common stock. DEUs and the underlying DSUs vest 100% on the earlier of the first anniversary of the grant date or the first annual meeting of the stockholders of Prologis after the grant date (generally in May each year). The receipt of such DEUs is deferred along with the underlying DSUs. DSUs and DEUs are paid in the form of Prologis common stock at the rate of one common share per DSU or DEU. Balance in column 9 includes DSUs and DEUs.

Content

Conversion of Prologis limited partnership units (the "Common Units") and redemption of Common Units for common stock. The units have no exercisable date or expiration date.

Represents Dividend Equivalent Units (DEUs) earned on Deferred Stock Units (DSUs) associated with current service on our board that are deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (the NQDC Plan). DEUs accrue on outstanding DSUs at the Prologis common stock dividend rate at the time dividends are paid on Prologis common stock. DEUs and the underlying DSUs vest 100% on the earlier of the first anniversary of the grant date or the first annual meeting of the stockholders of Prologis after the grant date (generally in May each year). The receipt of such DEUs is deferred along with the underlying DSUs. DSUs and DEUs are paid in the form of Prologis common stock at the rate of one common share per DSU or DEU. Balance in column 9 includes DSUs and DEUs.