Prologis, Inc. has announced the appointment of Trisha Burns as the new Chief Accounting Officer, effective April 1, 2026. This decision was disclosed in an amended Form 8-K/A filed with the SEC on April 1, 2026. Ms. Burns will be eligible for annual long-term incentive (LTI) equity awards with a target amount of $400,000 for the year 2026. The actual payout under these performance-based LTI awards will depend on the achievement of performance objectives, which are expected to align with those set for other officers of the company. Additionally, Ms. Burns has entered into standard agreements related to Change in Control and Noncompetition, as well as an Indemnification Agreement, which are customary for executives in her position. This appointment is part of Prologis's ongoing efforts to strengthen its leadership team and ensure robust financial oversight as the company continues to navigate the complexities of the real estate investment landscape. The company has also indicated that the performance objectives for the LTI awards will be similar to those reported in the Proxy Statement filed on March 19, 2026. This leadership change is seen as a strategic move to enhance the company's financial governance and operational execution, although it is not expected to have an immediate impact on stock prices.

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