Ghazal Joseph, Chief Investment Officer, has engaged exclusively in selling activity involving shares of Prologis, Inc. (PLD) over the past year, with no recorded purchases. According to SEC Form 4 filings, Joseph has executed 25 transactions totaling $1.45 million in sales, all within this single industrial REIT. The most significant disposal occurred on August 23, 2024, when Joseph sold shares worth $671,164—the largest single transaction in the dataset. Additional notable sales include $304,668 and $194,016 on August 18 and November 28, 2024, respectively. Smaller but consistent dispositions occurred throughout the year, such as $92,148 on January 16 and $63,915 on February 2, 2024.
The transaction pattern reveals a clear divestment trend, with the most recent sale occurring on December 15, 2024, for $22,003. The filings show no offsetting acquisitions, suggesting a sustained reduction in Joseph’s PLD holdings. While some transactions were marked as derivative dispositions (code "F"), the majority represented outright sales (code "S"). The absence of any buy transactions—coupled with the repeated, methodical selling—indicates a one-way flow of shares out of Joseph’s portfolio. The activity spans multiple quarters, with no indication of accumulation or holding periods between sales.
AI-assisted summary