Company: PLDGP
Filing Date: 2025-10-03
Form Type: 424B3
Source: 0001104659-25-096724
Chunk: 1

Company: Prologis, Inc.
Filing Date: 2025-10-03
Form: 424B3
Chunk 1
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 of Common Stock”, “Description of Preferred Stock” and “Restrictions on Ownership and Transfer of Capital Stock” in the accompanying prospectus.

Prologis, Inc.’s common stock is listed on the New York Stock Exchange under the symbol “PLD”. On September 30, 2025, the last reported sales price of Prologis, Inc.’s common stock on the New York Stock Exchange was $114.52 per share.

Investing in our common stock involves risks. See “Risk Factors” beginning on page S-2of this prospectus supplement and in the documents incorporated by reference in the accompanying prospectus.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus supplement is truthful or complete. Any representation to the contrary is a criminal offense.**

<div align='center'>The date of this prospectus supplement is October 1, 2025</div>

TABLE OF CONTENTS

| ​ | ABOUT THIS PROSPECTUS SUPPLEMENT                                         | ​ | ​ | ​ | ​ | S-1  | ​ | ​ |
| ​ | RISK FACTORS                                                             | ​ | ​ | ​ | ​ | S-2  | ​ | ​ |
| ​ | PROLOGIS, INC.                                                           | ​ | ​ | ​ | ​ | S-3  | ​ | ​ |
| ​ | USE OF PROCEEDS                                                          | ​ | ​ | ​ | ​ | S-4  | ​ | ​ |
| ​ | REDEMPTION/EXCHANGE OF COMMON LIMITED PARTNERSHIP UNITS FOR COMMON STOCK | ​ | ​ | ​ | ​ | S-5  | ​ | ​ |
| ​ | SUPPLEMENTAL UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS             | ​ | ​ | ​ | ​ | S-13 | ​ | ​ |
| ​ | SELLING STOCKHOLDERS                                                     | ​ | ​ | ​ | ​ | S-15 | ​ | ​ |
| ​ | PLAN OF DISTRIBUTION                                                     | ​ | ​ | ​ | ​ | S-23 | ​ | ​ |

Potential investors and selling stockholders should rely only on the information contained or incorporated by reference in this prospectus supplement and any accompanying prospectus. Neither we nor any selling stockholders have authorized anyone else to provide different or additional information. We and the selling stockholders are offering to sell the securities and seeking offers to buy the securities only in jurisdictions where offers and sales are permitted.