Jeffrey P. Foster - 05 May 2025 Form 4 Insider Report for CubeSmart (CUBE)

Role: CLO & Secretary
Signature: Douglas J. Tyrell, Attorney-in-Fact
Issuer symbol: CUBE
Transactions as of: 05 May 2025
Net transactions value: -$220,549
Form type: 4
Filing time: 05 May 2025, 16:23:57 UTC
Previous filing: 03 Jan 2025
Next filing: 05 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Foster Jeffrey P	CLO & Secretary	5 OLD LANCASTER ROAD, MALVERN	Douglas J. Tyrell, Attorney-in-Fact	05 May 2025	0001456473

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CUBE	Common	Options Exercise	$564,437	+18,616	+9.6%	$30.32	211,606	05 May 2025	Direct
transaction	CUBE	Common	Sale	$784,986	-18,616	-8.8%	$42.17	192,990	05 May 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CUBE	Stock Option (right to buy)	Options Exercise	$0	-18,616	-100%	$0.000000	0	05 May 2025	Common	18,616	$30.32	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The original stock option for 18,616 shares became exercisable in three equal installments on January 22, 2017, 2018, and 2019.