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AI English summary of an SEC filing — figures as filed

Prologis logoPrologis PLD

The company and Prologis, L.P. entered into an Equity Distribution Agreement on October 30, 2026 under which shares of common stock with a par value of $0.01 may be issued and sold from time to time in an at-the-market offering, with an aggregate offering price of up to $5,000,000,000.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company and Prologis, L.P. entered into an Equity Distribution Agreement on October 30, 2026 under which shares of common stock with a par value of $0.01 may be issued and sold from time to time in an at-the-market offering, with an aggregate offering price of up to $5,000,000,000.

  2. The company said the Agreement replaces its existing at-the-market program and replaces and supersedes the equity distribution agreement it entered into on May 5, 2020.

  3. The company said it appointed Academy Securities, Inc., BofA Securities, Inc., Goldman Sachs & Co. LLC and other Managers as sales agents, and included Banco Bilbao Vizcaya Argentaria, S.A. and other Forward Purchasers as parties to the agreement.

  4. The company said the shares are being offered and sold under the shelf registration statement on Form S-3 (No. 333-289636), which became effective on August 15, 2025, and the prospectus supplement dated October 30, 2026.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

$5,000,000,000 ATM Program Entered

The company and Prologis, L.P. entered into an Equity Distribution Agreement on October 30, 2026 under which shares of common stock with a par value of $0.01 may be issued and sold from time to time in an at-the-market offering, with an aggregate offering price of up to $5,000,000,000.

Source · Based on the filing body and exhibits

Agreement Replaces Existing ATM Contract

The company said the Agreement replaces its existing at-the-market program and replaces and supersedes the equity distribution agreement it entered into on May 5, 2020.

Source · Based on the filing body and exhibits

Managers and Forward Purchasers Named

The company said it appointed Academy Securities, Inc., BofA Securities, Inc., Goldman Sachs & Co. LLC and other Managers as sales agents, and included Banco Bilbao Vizcaya Argentaria, S.A. and other Forward Purchasers as parties to the agreement.

Source · Based on the filing body and exhibits

Shares Sold Under Form S-3 Registration Documents

The company said the shares are being offered and sold under the shelf registration statement on Form S-3 (No. 333-289636), which became effective on August 15, 2025, and the prospectus supplement dated October 30, 2026.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.