Company: PLDGP
Filing Date: 2025-10-03
Form Type: 424B3
Source: 0001104659-25-096724
Chunk: 17

Company: Prologis, Inc.
Filing Date: 2025-10-03
Form: 424B3
Chunk 17
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 units are pledged by each of the noted holders to First Community Bank, N.A. (“FCB”), as lender to each such holder. In the event that FCB acquires the units under the terms of the pledge, FCB will be a selling stockholder under this prospectus supplement. (2) Joseph Morris has pledged 956,916 common limited partnership interests in the Operating Partnership to Royal Bank of Canada (“RBC”), as lender, and Robert Morris has pledged 956,916 common limited partnership interests in the Operating Partnership to RBC, as lender. In the event that RCB acquires the associated common limited partnership interests under the terms of the pledge, RCB will be a selling stockholder under this prospectus supplement. (3) Joseph Morris has pledged 731,146 common limited partnership interests in the Operating Partnership to Bank of America N.A. (“BofA”), as lender, and Robert Morris has pledged 731,146 common limited partnership interests in the Operating Partnership to BofA, as lender. In the event that BofA acquires the associated common limited partnership interests under the terms of the pledge, BofA will be a selling stockholder under this prospectus supplement. We expect based on the information available to us and based on approximately 928,664,000 shares of our common stock outstanding as of September 30, 2025 that the percentage of outstanding common stock owned by each of the selling stockholders named above following the exchange of common limited partnership units and prior to resale will be less than 1%.

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We are a party to agreements with certain selling stockholders named the tables above, which require us to register the resale of the shares of common stock identified in this prospectus supplement. Pursuant to such agreements, we have agreed to indemnify the selling stockholders against liabilities in connection with the resale of their shares of common stock, including liabilities arising under the Securities Act.

Additionally, we will pay all of the fees and expenses of registering the shares of common stock offered in this prospectus supplement and in connection with any prospectus supplement subsequently filed as referenced below in “Plan of Distribution.”

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### PLAN OF DISTRIBUTION
The common stock listed in the tables appearing in the “Selling Stockholders” section of this prospectus supplement are being registered to permit secondary trading of these shares of common stock by the selling stockholders from time to time after the date of this