Chief Executive Officer · Prologis, Inc. (PLD)

Daniel Letter

A named executive officer of Prologis in every fiscal year CompBrief holds from FY2023 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$15,190,625

FY2024: $12,296,349

2nd of 6 named executive officers at Prologis by FY2025 total.

6 named officers on file for Prologis, FY2025

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What this number hides

The filing gives the total. Prologis’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed March 19, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-11-06.

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Daniel Letter compensation by year

Prologis Summary Compensation Table · all 3 fiscal years held
In US dollars, as Prologis reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2023FY2024FY2025
Salary$687,693$696,154$795,385
Bonus$994,500$768,900$1,870,000
Stock awards$11,070,243$10,807,295$12,500,990
Option awards$0$0$0
Non-equity incentive$0$0—
Pension and deferred compensation$0$0$0
All other$23,750$24,000$24,250
Total$12,776,186$12,296,349$15,190,625

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Prologis, Inc. DEF 14A filed March 19, 2026, accession 0001193125-26-115132, and prior-year filings.

How this page was built: the Prologis, Inc. filed document, accession 0001193125-26-115132. Every figure is read from that document and cited to the page and table it appears in. Filed March 19, 2026.

$12.8M
$12.3M
$15.2M
FY23
FY24
FY25
SalaryBonusStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU90,777$16,023,956—
RSU34,975$4,464,909—
PSU39,492$4,341,750—
RSU28,728$3,667,416—
RSU25,245$3,222,777—
RSU12,316$1,572,261—
RSU11,794$1,505,622—
RSU10,912$1,393,026—
RSU9,181$1,172,046—
RSU6,201$791,620—
RSU5,768$736,343—
RSU5,151$657,577—

Per the Outstanding Equity Awards at Fiscal Year-End table in Prologis, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it. The 12 largest of 16 award rows shown.

Insider transactions since the last proxy

3 Form 4 lines since the FY2025 proxy (filed March 19, 2026)
current to 2026-11-06 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-07-14Grant or award derivative—21,671$0.01341,735
2026-05-29Exercise or conversion derivative—50,000$0.01320,064
2026-03-31Exercise or conversion derivative—16,000$0.01370,064

The 3 most recent of 3 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Change-in-control & termination

estimated payments Prologis discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Death$1,160,000$48,301,438$0$49,461,438
Disability$0$48,301,438$0$48,301,438
Change in control and involuntary termination$4,320,000$48,301,438$124,925$52,746,363

Per the Potential Payments Upon Termination or Change in Control table in Prologis, Inc.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

Prologis’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Hamid MoghadamExecutive Chairman$24,999,873
Daniel Letter · this pageChief Executive Officer$15,190,625
Timothy ArndtChief Financial Officer$9,300,436
Carter AndrusChief Operating Officer$6,701,275
Joseph GhazalFormer Chief Investment Officer$6,428,251
Deborah BrionesChief Legal Officer, General Counsel and Secretary$4,954,493

Board service

Prologis board · FY2024–FY2025

How this board is paid

Company policy: Prologis pays directors a $120,000 cash retainer and $240,000 in DSUs. As stated in Prologis's FY2025 proxy.

Committees

Executive

The full Prologis compensation record

free company brief

This page is one person within Prologis's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the Prologis proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Prologis's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Prologis's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Daniel Letter's compensation dossier