Insider trade

Director exercised or converted 30K STAG derivative securities

Traded Mar 4, 2026 · Filed Mar 5, 2026

STAG IndustrialSTAG

30K
Shares

Why it stands out

Derivative exercise or conversion — not an open-market buy.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Mar 4, 2026
Reporting period: Not applicable
Filed with the SEC: Mar 5, 2026

DirectorOption exercise

Context

Classification

option exercise

Code C — exercise or conversion of a derivative security

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Source receipt

Record ID: 0001517406-26-000008

Filed / recorded

Mar 5, 2026, 9:39 PM UTC

Added to OQRO

Oct 6, 2026, 9:11 PM UTC

Parser

form4-xml-v2

Data quality

Verified: identifiers matched exactly

Issuer

STAG Industrial, Inc.

Issuer CIK

1479094

Ticker

STAG

Reporting person

Benjamin S Butcher

Relationship

Director

Security

Common Stock

Table

Non-derivative (Table I)

Transaction date

Mar 4, 2026

Transaction code

C

Shares / units

30,000

Acquired / disposed

Acquired (A)

Shares owned after

38,448

Ownership form

Direct

Amendment

No

Footnotes from the filing

On March 4, 2026, the reporting person converted a total of 30,000 long-term incentive plan units ("LTIP Units") of STAG Industrial Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which STAG Industrial, Inc., a Maryland corporation (the "Issuer"), is the sole member of the general partner, into 30,000 common units of limited partnership of the Operating Partnership ("OP Units") and redeemed 30,000 OP Units. The LTIP Units are convertible into OP Units as they are nonforfeitable and certain conditions to parity have been satisfied. The OP Units held by the reporting person are redeemable for cash equal to the current market value of one share of the Issuer's common stock or, at the Issuer's election, for shares of the Issuer's common stock on a one-for-one basis. The Issuer elected to redeem the reporting person's OP Units with common stock.