CFO Sells Nearly $1M in Stock Following LTIP Unit Conversion
STAG sits 37% above its 52-week low of $28.61.
Summary
Pinard Matts, EVP, CFO, and Treasurer of STAG Industrial, sold 25,242 shares of common stock for approximately $988,924 after converting long-term incentive plan units.
Key Events · Ownership and Investor Activity · STAG
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CFO Sells Shares
EVP, CFO, and Treasurer Matts Pinard sold 25,242 shares of STAG Industrial common stock.
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Transaction Value
The open market sale generated approximately $988,924 in proceeds.
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Conversion of LTIP Units
The sale followed the conversion of 25,242 long-term incentive plan (LTIP) units into common stock.
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Timing Near 52-Week High
The transaction occurred while the company's stock is trading near its 52-week high.
Analysis · STAG · Real Estate & Construction
The sale of approximately $988,924 in common stock by Matts Pinard, EVP, CFO, and Treasurer, represents a significant liquidity event for a key executive. While the transaction involved the conversion of long-term incentive plan (LTIP) units, which often relates to vested compensation and tax obligations, the decision to sell a substantial amount of shares, especially when the stock is trading near its 52-week high, can be interpreted as the insider taking profits. This transaction contributes to a net distribution signal from insiders over the last 90 days. Investors may view this as a slight negative signal regarding executive confidence, despite the routine nature of the underlying conversion.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.6% of the 1645 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, STAG was trading at $39.28 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $7.6B. The 52-week trading range was $28.61 to $39.98. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.