Item 5. Other Information

On March 31, 2026, an irrevocable trust of which our Executive Chairman, Hamid Moghadam, is the settlor and investment advisor, adopted a pre-arranged stock trading plan for the sale of up to 600,000 shares of Prologis, Inc. common stock through June 30, 2027. The trading plan was entered into during an open insider trading window and is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act and the Company's policies regarding insider transactions. No other Rule 10b5-1 trading arrangements or non-Rule 10b5-1 trading arrangements (as such terms are defined in Item 408 of Regulation S-K under the Exchange Act) were entered into or terminated by our directors or officers (as defined in Rule 16a-1(f) under the Exchange Act) during the quarterly period ended March 31, 2026.