STAG Industrial, Inc.
For the period ended Sep 30, 2026. Filed Oct 27, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 27, 2026
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2026-06-30; filed 2026-07-28.
0001479094-26-000026
Item 1A. Risk FactorsUnregistered Sales of Equity Securities and Use of ProceedsDefaults Upon Senior SecuritiesMine Safety DisclosuresOther InformationCurrent report: 10-Q
Period ended 2026-09-30; filed 2026-10-27.
0001479094-26-000033
Item 1A. Risk FactorsUnregistered Sales of Equity Securities and Use of ProceedsDefaults Upon Senior SecuritiesMine Safety DisclosuresOther InformationThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 15 previous paragraphs and 19 current paragraphs.
13 unchanged; 2 reworded; 4 added; 0 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (4)
Current report
On October 27, 2026, we announced that our board of directors has authorized a new stock repurchase program. Under the new program, we may repurchase up to $250 million of shares of our common stock from time to time in the open market, in privately negotiated transactions, or by other methods, subject to applicable law and SEC rules, and other factors deemed relevant in our sole discretion. The timing, price and number of shares repurchased will be subject to a variety of factors, including prevailing market conditions, the trading price of the common stock, available liquidity, competing investment opportunities, and other considerations. The stock repurchase program does not have a specified expiration date, does not obligate us to repurchase any dollar amount or number of shares, and may be amended, suspended, or discontinued at any time at the discretion of our board of directors.
Current report
On October 27, 2026, we and the Operating Partnership entered into amendments (collectively, the “Amendments”) to (i) the note purchase agreement, dated as of December 18, 2014, as amended, among the Company, the Operating Partnership and the noteholders named therein, related to the outstanding $80 million of 4.42% senior unsecured notes, due December 30, 2026, and $20 million of 4.42% senior unsecured notes, due February 20, 2027, (ii) the note purchase agreement, dated as of April 10, 2018, among the Company, the Operating Partnership and the noteholders named therein, related to the $100 million of 4.27% senior unsecured notes, due June 13, 2028, and (iii) the note purchase agreement, dated as of July 8, 2021, among the Company, the Operating Partnership and the noteholders named therein, related to the $275.0 million of 2.80% senior unsecured notes, due September 29, 2031, and $50.0 million of 2.95% senior unsecured notes, due September 28, 2033. The Amendments provide for the release of the Company’s property-owning subsidiaries from their respective guaranty instruments if, among other conditions, the subsidiaries no longer guarantee other indebtedness. The other material terms of each of the note purchase agreements remain unchanged.
Reworded paragraphs (2)
Previous wording
During the quarter ended June 30, 2026, the Operating Partnership issued 33,658 common units upon exchange of outstanding long term incentive plan units issued pursuant to the STAG Industrial, Inc. 2011 Equity Incentive Plan, as amended and restated (the “2011 Plan”). Subject to certain restrictions, common units in the Operating Partnership may be redeemed for cash in an amount equal to the value of a share of common stock or, at our election, for a share of common stock on a one-for-one basis.
Current wording
During the quarter ended September 30, 2026, the Operating Partnership issued 11,568 common units upon exchange of outstanding long term incentive plan units issued pursuant to the STAG Industrial, Inc. 2011 Equity Incentive Plan, as amended and restated (the “2011 Plan”). Subject to certain restrictions, common units in the Operating Partnership may be redeemed for cash in an amount equal to the value of a share of common stock or, at our election, for a share of common stock on a one-for-one basis.
Previous wording
During the quarter ended June 30, 2026, we issued 33,658 shares of common stock upon redemption of 33,658 common units in the Operating Partnership held by various limited partners. The issuance of such shares of common stock was either registered under the Securities Act or effected in reliance upon an exemption from registration provided by Section 4(a)(2) under the Securities Act and the rules and regulations promulgated thereunder.
Current wording
During the quarter ended September 30, 2026, we issued 11,568 shares of common stock upon redemption of 11,568 common units in the Operating Partnership held by various limited partners. The issuance of such shares of common stock was either registered under the Securities Act or effected in reliance upon an exemption from registration provided by Section 4(a)(2) under the Securities Act and the rules and regulations promulgated thereunder.