SCHEDULE 13G: FMR LLC and Abigail P. Johnson Disclose 5.8% Stake in STAG Industrial, Inc.

FMR LLC and Abigail P. Johnson have jointly disclosed a beneficial ownership of 5.8% in STAG Industrial, Inc.'s common stock as of March 31, 2025.

Summary

• FMR LLC and Abigail P. Johnson, as reporting persons, have filed a Schedule 13G indicating their beneficial ownership in STAG Industrial, Inc.
• As of March 31, 2025, the aggregate amount beneficially owned by FMR LLC and Abigail P. Johnson is 10,916,118.68 shares of STAG Industrial, Inc. common stock.
• This ownership represents 5.8% of the class of STAG Industrial, Inc.'s common stock.
• FMR LLC holds sole voting power over 10,889,332.28 shares and sole dispositive power over 10,916,118.68 shares.
• Abigail P. Johnson holds sole dispositive power over 10,916,118.68 shares, with no sole or shared voting power.
• The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
• FMR LLC is classified as a parent holding company or control person and an investment adviser, while Abigail P. Johnson is classified as an individual.
• Several FMR LLC subsidiaries, including FIAM LLC, Fidelity Diversifying Solutions LLC, Fidelity Management & Research Company LLC, Fidelity Management Trust Company, and Strategic Advisers LLC, are identified as entities that beneficially own shares.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

NA

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This filing is a routine disclosure of a significant passive ownership stake by a major institutional investor (FMR LLC, parent of Fidelity Investments) in a publicly traded Real Estate Investment Trust (REIT), STAG Industrial, Inc. Such disclosures are common for large asset managers holding positions above the 5% threshold, reflecting their investment strategies within the industrial real estate sector.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, confirming a major investor's passive stake in the company.

Key Dates

Keywords

STAG Industrial Inc., FMR LLC, Abigail P. Johnson, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Investor, Real Estate Investment Trust, REIT