Long-Term Compensation (Tables)

12 Months Ended

Dec. 31, 2024

Prologis Out-Performance Plan [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Summary of Assumptions Used for Each POP Grant

The following table details the assumptions used for each POP grant based on the year it was granted (dollars in thousands):

	2024			2023			2022
Risk free interest rate		4.2	%		4.2	%		1.0	%
Prologis expected volatility		27.0	%		35.0	%		31.0	%
Index expected volatility		20.0	%		31.0	%		29.0	%
Grant date fair value	$	19,000		$	28,300		$	30,400

Restricted Stock Units (RSUs) [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Stock Options, RSU and Performance Share Awards

The following table summarizes the activity for RSUs for the year ended December 31, 2024 (units in thousands):

	Unvested RSUs			Weighted Average Grant Date Fair Value
Balance at January 1, 2024		2,097		$	98.23
Granted		820			111.00
Vested and distributed		(757	)		108.04
Forfeited		(97	)		104.73
Balance at December 31, 2024		2,063		$	99.39

Performance Stock Units (PSUs) [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Stock Options, RSU and Performance Share Awards

The following table summarizes the activity for PSUs for the year ended December 31, 2024 (units in thousands):

	Unvested PSUs		Weighted Average Grant Date Fair Value
Balance at January 1, 2024		-	$	-
Granted		244		129.10
Vested and distributed		-		-
Forfeited		-		-
Balance at December 31, 2024		244	$	129.10

Long Term Incentive Plan Units [Member]

Share Based Compensation Arrangement By Share Based Payment Award [Line Items]

Stock Options, RSU and Performance Share Awards

The following table summarizes the activity for LTIP Units for the year ended December 31, 2024 (units in thousands):

	Unvested LTIP Units			Weighted Average Grant Date Fair Value
Balance at January 1, 2024		5,379		$	76.72
Granted		1,274			98.19
Vested LTIP Units		(1,357	)		113.19
Forfeited		(46	)		117.59
Balance at December 31, 2024		5,250		$	72.15