FINHUB Insights

What the executives and directors of Prologis actually did with their own shares, decoded from three years of SEC Form 4 filings.

−$21.3M net open-market flow, 12 m
0 open-market buys, 12 m
39% of sale value on 10b5-1 plans
449 days since an insider bought

The tape: three years of insider trades

Open-market buy Discretionary sale Planned sale (10b5-1) Reported-price path Routine
$50$100$1502024Jul2025Jul2026JulKENNARD LYDIA H — routine flow, 8,605 (2023-12-27)BITA CRISTINA GABRIELA — routine flow, 1,009 (2024-01-16)Ghazal Joseph — routine flow, 7,656 (2024-01-18)Ghazal Joseph — routine flow, 2,761 (2024-02-04)Ghazal Joseph — routine flow, 185 (2024-03-02)SKELTON JEFFREY L — routine flow, 1,762 (2024-04-29)KENNARD LYDIA H — routine flow, 1,762 (2024-04-29)WEBB CARL B — routine flow, 1,762 (2024-04-29)Modjtabai Avid — routine flow, 1,762 (2024-04-29)Piani Olivier — routine flow, 2,291 (2024-04-29)BITA CRISTINA GABRIELA — routine flow, 1,762 (2024-04-29)Ghazal Joseph — routine flow, 253 (2024-05-03)SKELTON JEFFREY L — routine flow, 3,416 (2024-05-09)Ghazal Joseph — routine flow, 7,372 (2024-08-18)Ghazal Joseph — routine flow, 877 (2024-08-19)Ghazal Joseph — routine flow, 4,896 (2024-11-28)Ghazal Joseph — routine flow, 588 (2024-12-15)Ghazal Joseph — routine flow, 7,613 (2025-01-18)Ghazal Joseph — routine flow, 1,188 (2025-02-02)Ghazal Joseph — routine flow, 741 (2025-02-21)Ghazal Joseph — routine flow, 380 (2025-05-03)KENNARD LYDIA H — routine flow, 1,617 (2025-05-04)WEBB CARL B — routine flow, 1,617 (2025-05-04)OCONNOR DAVID P — routine flow, 1,617 (2025-05-04)Modjtabai Avid — routine flow, 1,617 (2025-05-04)Piani Olivier — routine flow, 2,102 (2025-05-04)WEBB CARL B — routine flow, 29.8K (2025-05-08)FOTIADES GEORGE L — routine flow, 1,824 (2025-06-01)Palazzolo Lori A — routine flow, 25K (2025-08-19)FOTIADES GEORGE L — routine flow, 1,824 (2025-12-09)Moghadam Hamid — routine flow, 2M (2026-03-26)KENNARD LYDIA H — routine flow, 1,984 (2026-04-28)Modjtabai Avid — routine flow, 1,984 (2026-04-28)Connor James B. — routine flow, 1,984 (2026-04-28)Piani Olivier — routine flow, 2,579 (2026-04-28)Routine: vests, tax, giftsBITA CRISTINA GABRIELA (Director) — Planned sale (10b5-1): 1,000 @ $111 = $111K (2025-09-03)BITA CRISTINA GABRIELA (Director) — Planned sale (10b5-1): 500 @ $115.69 = $58K (2025-10-01)BITA CRISTINA GABRIELA (Director) — Planned sale (10b5-1): 500 @ $123.14 = $62K (2025-11-03)BITA CRISTINA GABRIELA (Director) — Planned sale (10b5-1): 621 @ $127.6 = $79K (2025-12-01)Arndt Timothy D (CFO) — Planned sale (10b5-1): 3,597 @ $150 = $540K (2026-06-15)Moghadam Hamid (Director) — Planned sale (10b5-1): 50K @ $149.91 = $7.5M (2026-07-16)Connor James B. (Director) — Discretionary sale: 124.8K @ $132.72 = $16.6M (2023-12-21)Ghazal Joseph (Officer) — Discretionary sale: 5,200 @ $129.07 = $671K (2024-08-23)Connor James B. (Director) — Discretionary sale: 53 @ $117.81 = $6K (2024-10-28)Ghazal Joseph (Officer) — Discretionary sale: 11K @ $118.74 = $1.3M (2025-02-05)Slusser Sarah A (Director) — Discretionary sale: 19 @ $108.58 = $2K (2025-07-10)Slusser Sarah A (Director) — Discretionary sale: 22 @ $108.63 = $2K (2025-07-14)Palazzolo Lori A (Officer) — Discretionary sale: 25K @ $111.33 = $2.8M (2025-08-26)Slusser Sarah A (Director) — Discretionary sale: 60 @ $115.04 = $7K (2025-10-09)Connor James B. (Director) — Discretionary sale: 80K @ $126.58 = $10.1M (2025-10-24)Slusser Sarah A (Director) — Discretionary sale: 10 @ $127.57 = $1K (2026-01-28)Slusser Sarah A (Director) — Open-market buy: 13 @ $107.34 = $1K (2025-05-14)Connor $16.6MConnor $10.1M

Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.

Where the shares went, last 12 months

From holdings: 1MFrom holdings 1MGranted: 27KGranted 27KVested / exercised: 49.8KVested / exercised 49.8KOther in: 80KOther in 80KWithheld for tax: 595Withheld for tax 595Planned sales (10b5-1): 56.2KPlanned sales (10b5-1) 56.2KDiscretionary sales: 105.1KDiscretionary sales 105.1KGifts: 1MGifts 1M

Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.

Skin in the game

1002023202420252026Modjtabai AvidKENNARD LYDIA HWEBB CARL BModjtabai 151Webb 142.1Kennard 97.2

Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.

Who holds what

Insider Role Shares held Buys 12 m Sales 12 m 12 m Last trade
Moghadam Hamid Chairman & CEO CEO 1M $7.5M 2026-07-16
WEBB CARL B Director 119.8K 2017-07-28
LYONS IRVING F III Director 66.3K 2022-04-25
SKELTON JEFFREY L Director 64.6K 2020-04-24
KENNARD LYDIA H Director 48.5K 2021-05-27
Modjtabai Avid Director 22.6K 2022-05-20
OCONNOR DAVID P Director 19.6K 2022-11-28
Piani Olivier Director 12.3K
Ghazal Joseph Chief Investment Officer Officer 8,470 2025-02-05
BITA CRISTINA GABRIELA Director 8,208 $310K 2025-12-01
FOTIADES GEORGE L Director 8,000 2023-08-01
Connor James B. Director 1,984 $10.1M 2025-10-24
Palazzolo Lori A Chief Accounting Officer/MD Officer 414 $2.8M 2025-08-26
Slusser Sarah A Director 11 $8K 2026-01-28

Open-market trade log

Date Insider Type Shares Price Value Since trade Filed
2026-07-16 Moghadam Hamid (Director) Planned sale (10b5-1) 50K $149.91 $7.5M 0% 2026-07-20
2026-06-15 Arndt Timothy D (CFO) Planned sale (10b5-1) 3,597 $150.00 $540K -0.1% 2026-06-17
2026-01-28 Slusser Sarah A (Director) Discretionary sale 10 $127.57 $1K +17.5% 2026-03-18 late
2025-12-01 BITA CRISTINA GABRIELA (Director) Planned sale (10b5-1) 621 $127.60 $79K +17.5% 2025-12-02
2025-11-03 BITA CRISTINA GABRIELA (Director) Planned sale (10b5-1) 500 $123.14 $62K +21.7% 2025-11-03
2025-10-24 Connor James B. (Director) Discretionary sale 80K $126.58 $10.1M +18.4% 2026-01-05 late
2025-10-09 Slusser Sarah A (Director) Discretionary sale 42 $114.69 $5K +30.7% 2026-03-18 late
2025-10-08 Slusser Sarah A (Director) Discretionary sale 18 $115.87 $2K +29.4% 2026-03-18 late
2025-10-01 BITA CRISTINA GABRIELA (Director) Planned sale (10b5-1) 500 $115.69 $58K +29.6% 2025-10-02
2025-09-03 BITA CRISTINA GABRIELA (Director) Planned sale (10b5-1) 1,000 $111.00 $111K +35.1% 2025-09-04
2025-08-26 Palazzolo Lori A (Officer) Discretionary sale 25K $111.33 $2.8M +34.7% 2025-08-27
2025-07-14 Slusser Sarah A (Director) Discretionary sale 22 $108.63 $2K +38% 2026-03-18 late
2025-07-10 Slusser Sarah A (Director) Discretionary sale 19 $108.58 $2K +38.1% 2026-03-18 late
2025-05-14 Slusser Sarah A (Director) Open-market buy 13 $107.34 $1K +39.7% 2026-03-18 late
2025-02-05 Ghazal Joseph (Officer) Discretionary sale 11K $118.74 $1.3M +26.3% 2025-02-06
2024-10-28 Connor James B. (Director) Discretionary sale 53 $117.81 $6K +27.3% 2025-01-29 late
2024-08-23 Ghazal Joseph (Officer) Discretionary sale 5,200 $129.07 $671K +16.2% 2024-08-26
2023-12-21 Connor James B. (Director) Discretionary sale 21.4K $130.40 $2.8M +15% 2023-12-21
2023-12-20 Connor James B. (Director) Discretionary sale 103.3K $133.20 $13.8M +12.6% 2023-12-21
2023-08-01 FOTIADES GEORGE L (Director) Discretionary sale 10.7K $123.98 $1.3M +20.9% 2023-08-02
2022-11-28 OCONNOR DAVID P (Director) Open-market buy 9,000 $114.13 $1M +31.4% 2022-11-30
2022-05-20 Modjtabai Avid (Director) Open-market buy 15K $118.65 $1.8M +26.4% 2022-05-20
2022-04-25 LYONS IRVING F III (Director) Discretionary sale 44.4K $164.60 $7.3M -8.9% 2022-04-26
2022-03-25 ZOLLARS WILLIAM D (Director) Discretionary sale 1,350 $155.68 $210K -3.7% 2022-03-25
2021-12-22 ZOLLARS WILLIAM D (Director) Discretionary sale 1,955 $162.26 $317K -7.6% 2021-12-27
2021-11-08 ZOLLARS WILLIAM D (Director) Discretionary sale 1,380 $146.20 $202K +2.5% 2021-11-09
2021-10-25 MOGHADAM HAMID R (CEO) Discretionary sale 14.4K $144.64 $2.1M +3.6% 2021-10-26
2021-10-22 MOGHADAM HAMID R (CEO) Discretionary sale 305.6K $144.24 $44.1M +3.9% 2021-10-26
2021-08-30 LYONS IRVING F III (Director) Discretionary sale 24K $133.53 $3.2M +12.3% 2021-10-04 late
2021-05-27 KENNARD LYDIA H (Director) Discretionary sale 10K $118.00 $1.2M 2021-05-28
2020-06-10 FOTIADES GEORGE L (Director) Discretionary sale 1,339 $96.38 $129K 2020-06-11
2020-04-27 KENNARD LYDIA H (Director) Discretionary sale 6,762 $91.00 $615K 2020-04-29
2020-04-24 SKELTON JEFFREY L (Director) Discretionary sale 6,762 $89.20 $603K 2020-04-27
2019-07-31 REILLY EUGENE F (Officer) Discretionary sale 5,500 $81.88 $450K 2019-07-31
2019-07-30 REILLY EUGENE F (Officer) Discretionary sale 7,000 $81.60 $571K 2019-07-31
2019-07-23 Olinger Thomas S (CFO) Discretionary sale 5,200 $82.24 $428K 2019-07-24
2019-07-23 Olinger Thomas S (CFO) Discretionary sale 7,851 $82.25 $646K 2019-07-24
2019-06-12 HAWKINS PHILIP L (Director) Discretionary sale 9,000 $78.72 $708K 2019-06-12
2019-04-24 NEKRITZ EDWARD S (Officer) Discretionary sale 30.7K $75.01 $2.3M 2019-04-25
2019-03-21 NEKRITZ EDWARD S (Officer) Discretionary sale 16.1K $71.86 $1.2M 2019-03-25
2019-02-13 LYONS IRVING F III (Director) Discretionary sale 71 $70.91 $5K 2019-02-15
2019-02-13 LYONS IRVING F III (Director) Discretionary sale 2,216 $70.88 $157K 2019-02-15
2019-02-13 LYONS IRVING F III (Director) Discretionary sale 7,901 $70.85 $560K 2019-02-15
2019-02-13 LYONS IRVING F III (Director) Discretionary sale 20K $70.82 $1.4M 2019-02-15
2019-02-11 REILLY EUGENE F (CEO) Discretionary sale 19K $71.07 $1.4M 2019-02-12
2019-02-07 KENNARD LYDIA H (Director) Discretionary sale 14.4K $70.24 $1M 2019-02-08
2019-02-06 SKELTON JEFFREY L (Director) Discretionary sale 14.4K $69.42 $998K 2019-02-08
2019-01-30 HAWKINS PHILIP L (Director) Discretionary sale 15K $68.20 $1M 2019-02-01
2019-01-30 NEKRITZ EDWARD S (Officer) Discretionary sale 9,192 $68.26 $627K 2019-02-01
2019-01-30 NEKRITZ EDWARD S (Officer) Discretionary sale 23.3K $68.34 $1.6M 2019-02-01
2018-12-19 ZOLLARS WILLIAM D (Director) Discretionary sale 1,610 $61.53 $99K 2018-12-21
2018-11-09 HAWKINS PHILIP L (Director) Discretionary sale 5,000 $67.14 $336K 2018-11-13
2018-11-09 HAWKINS PHILIP L (Director) Discretionary sale 5,000 $67.24 $336K 2018-11-13
2018-11-09 HAWKINS PHILIP L (Director) Discretionary sale 5,000 $67.31 $337K 2018-11-13
2018-09-28 LYONS IRVING F III (Director) Open-market buy 71 $66.89 $5K 2018-10-03
2018-09-28 LYONS IRVING F III (Director) Discretionary sale 4,808 $67.45 $324K 2018-10-02
2018-09-21 NEKRITZ EDWARD S (Officer) Discretionary sale 18.1K $67.66 $1.2M 2018-09-21
2018-09-20 REILLY EUGENE F (CEO) Discretionary sale 15K $67.20 $1M 2018-09-21
2018-08-09 LOSH J MICHAEL (Director) Discretionary sale 6,762 $65.63 $444K 2018-08-13
2018-07-27 LYONS IRVING F III (Director) Discretionary sale 1 $65.29 $65 2018-07-31

“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.

Filing hygiene

258 Forms 4, 3 years
3 filed late
2 amendments
6.8 avg. days to file

How to read this

A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.

Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.

Every number on this page comes from Forms 3, 4 and 5 filed with the SEC, refreshed daily. Browse the source filings on SEC EDGAR. Data through 2026-08-06