Transaction Details

Footnotes

The shares were issued to the reporting person pursuant to STAG Industrial, Inc.'s 2011 Equity Incentive Plan, as amended, in lieu of quarterly fees of $16,250 for the reporting person's services as a director. The shares were valued at the average closing price of the shares for the 10-day period ended October 10, 2025, which was $35.93. | The securities are held in a trust for the benefit of the reporting person's spouse and children. The reporting person's spouse is a trustee of the trust. The reporting person disclaims beneficial ownership of the securities, and the filing of this report should not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.