Prologis (PLD)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-09-17 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Prologis, Inc. (PLD) CIK: 0001045609 --- Reporting Owner --- Name: BITA CRISTINA GABRIELA CIK: 0001734804 Role: Director --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-09-17 | Code: M (Exercise of derivative) Shares: +1,687 | Price: $0.00 Shares Owned After: 9,895 | Ownership: D (Direct) Footnotes: [F1] Conversion of Deferred Stock Units (DSUs) and Dividend Equivalent Units (DEUs) on September 17, 2026 that were deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (the NQDC Plan). Original grant terms provided for release of shares on the earlier of (a) the first anniversary of the Grant Date (May 4, 2023) or (b) the first annual meeting of the stockholders of Prologis following the grant date. DSUs and DEUs convert into Prologis common stock upon release on a 1-for-1 basis and have no exercise price or expiration date. [Transaction #2] Security: Common Stock Date: 2026-09-17 | Code: M (Exercise of derivative) Shares: +1,128 | Price: $0.00 Shares Owned After: 11,023 | Ownership: D (Direct) Footnotes: [F2] Conversion of phantom shares under the Nonqualified Deferred Compensation Plan (the NQDC Plan). Phantom shares and DEUs are paid in the form of Prologis common stock at the rate of one common share per phantom share or DEU in accordance with the deferral election made by the reporting person and have no exercise price or expiration date. --- Derivative Transactions --- [Transaction #1] Security: Deferred Stock Units - NQDC Date: 2026-09-17 | Code: M (Exercise of derivative) Shares: -1,687.5878 | Price: $0.00 Exercise Price: $0.00 Shares Owned After: 8,326.4172 | Ownership: D (Direct) Footnotes: [F1] Conversion of Deferred Stock Units (DSUs) and Dividend Equivalent Units (DEUs) on September 17, 2026 that were deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (the NQDC Plan). Original grant terms provided for release of shares on the earlier of (a) the first anniversary of the Grant Date (May 4, 2023) or (b) the first annual meeting of the stockholders of Prologis following the grant date. DSUs and DEUs convert into Prologis common stock upon release on a 1-for-1 basis and have no exercise price or expiration date. [F1] Conversion of Deferred Stock Units (DSUs) and Dividend Equivalent Units (DEUs) on September 17, 2026 that were deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (the NQDC Plan). Original grant terms provided for release of shares on the earlier of (a) the first anniversary of the Grant Date (May 4, 2023) or (b) the first annual meeting of the stockholders of Prologis following the grant date. DSUs and DEUs convert into Prologis common stock upon release on a 1-for-1 basis and have no exercise price or expiration date. [F1] Conversion of Deferred Stock Units (DSUs) and Dividend Equivalent Units (DEUs) on September 17, 2026 that were deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (the NQDC Plan). Original grant terms provided for release of shares on the earlier of (a) the first anniversary of the Grant Date (May 4, 2023) or (b) the first annual meeting of the stockholders of Prologis following the grant date. DSUs and DEUs convert into Prologis common stock upon release on a 1-for-1 basis and have no exercise price or expiration date. [F1] Conversion of Deferred Stock Units (DSUs) and Dividend Equivalent Units (DEUs) on September 17, 2026 that were deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (the NQDC Plan). Original grant terms provided for release of shares on the earlier of (a) the first anniversary of the Grant Date (May 4, 2023) or (b) the first annual meeting of the stockholders of Prologis following the grant date. DSUs and DEUs convert into Prologis common stock upon release on a 1-for-1 basis and have no exercise price or expiration date. [Transaction #2] Security: Phantom Shares - NQDC Date: 2026-09-17 | Code: M (Exercise of derivative) Shares: -1,129.3698 | Price: $0.00 Exercise Price: $0.00 Shares Owned After: 5,212.4312 | Ownership: D (Direct) Footnotes: [F2] Conversion of phantom shares under the Nonqualified Deferred Compensation Plan (the NQDC Plan). Phantom shares and DEUs are paid in the form of Prologis common stock at the rate of one common share per phantom share or DEU in accordance with the deferral election made by the reporting person and have no exercise price or expiration date. [F2] Conversion of phantom shares under the Nonqualified Deferred Compensation Plan (the NQDC Plan). Phantom shares and DEUs are paid in the form of Prologis common stock at the rate of one common share per phantom share or DEU in accordance with the deferral election made by the reporting person and have no exercise price or expiration date. [F2] Conversion of phantom shares under the Nonqualified Deferred Compensation Plan (the NQDC Plan). Phantom shares and DEUs are paid in the form of Prologis common stock at the rate of one common share per phantom share or DEU in accordance with the deferral election made by the reporting person and have no exercise price or expiration date. [F2] Conversion of phantom shares under the Nonqualified Deferred Compensation Plan (the NQDC Plan). Phantom shares and DEUs are paid in the form of Prologis common stock at the rate of one common share per phantom share or DEU in accordance with the deferral election made by the reporting person and have no exercise price or expiration date. --- Footnotes (Complete Index) --- F1: Conversion of Deferred Stock Units (DSUs) and Dividend Equivalent Units (DEUs) on September 17, 2026 that were deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (the NQDC Plan). Original grant terms provided for release of shares on the earlier of (a) the first anniversary of the Grant Date (May 4, 2023) or (b) the first annual meeting of the stockholders of Prologis following the grant date. DSUs and DEUs convert into Prologis common stock upon release on a 1-for-1 basis and have no exercise price or expiration date. F2: Conversion of phantom shares under the Nonqualified Deferred Compensation Plan (the NQDC Plan). Phantom shares and DEUs are paid in the form of Prologis common stock at the rate of one common share per phantom share or DEU in accordance with the deferral election made by the reporting person and have no exercise price or expiration date. --- Signature --- /s/ /s/ Barbara Gunnufson, Attorney-in-Fact for Cristina G. Bita (2026-09-21)