v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2025
EBP 001 [Member]  
EBP, Accounting Policy [Line Items]  
Schedule of Investments Measured at Fair Value and NAV The Plan’s investments that are measured at fair value in the hierarchy table and at NAV on a recurring basis, are shown in the table below at December 31 (in thousands):

 

 

 

2025

 

 

2024

 

Investments measured at fair value

 

 

 

 

 

 

     Mutual funds

 

$

116,342

 

 

$

113,073

 

     Prologis, Inc. common stock

 

 

43,333

 

 

 

39,387

 

     Self-directed brokerage account

 

 

24,575

 

 

 

19,952

 

Total investments in the fair value hierarchy table (1)

 

 

184,250

 

 

 

172,412

 

Investments measured at net asset value (2)

 

 

400,578

 

 

 

341,640

 

Total investments, at fair value

 

$

584,828

 

 

$

514,052

 

 

(1)
For the years ended December 31, 2025 and 2024, all Plan investments in the fair value hierarchy table were measured using Level 1 inputs.

 

(2)
The common/collective investment trusts were measured at NAV per unit (or its equivalent) as a practical expedient and have not been classified in the fair value hierarchy. There are no unfunded commitments at December 31, 2025 and 2024, and redemption restrictions for these investments and a redemption notice period are not required per the Plan.

 

The fair value amounts presented in the table above are intended to permit reconciliation of the fair value hierarchy to Investments, at Fair Value presented in the Statements of Net Assets Available for Benefits.