Matthew D. DeNarie - 01 Jan 2026 Form 4 Insider Report for CubeSmart (CUBE)

Role: Chief Accounting Officer
Signature: Douglas J. Tyrell, Attorney-in-Fact
Issuer symbol: CUBE
Transactions as of: 01 Jan 2026
Net transactions value: +$48,704
Form type: 4
Filing time: 05 Jan 2026, 16:41:41 UTC
Previous filing: 03 Jan 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
DeNarie Matthew D	Chief Accounting Officer	5 OLD LANCASTER ROAD, MALVERN	Douglas J. Tyrell, Attorney-in-Fact	01 Jan 2026	0001967653

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CUBE	Common	Award	$0	+2,635	+13%	$0.000000	22,993	01 Jan 2026	Direct	F1
transaction	CUBE	Common	Award	$48,704	+1,351	+5.9%	$36.05	24,344	01 Jan 2026	Direct	F2

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)	Award	$0	+13,014		$0.000000	13,014	01 Jan 2026	Common	13,014	$36.05	Direct	F3

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

Explanation of Responses:

Id	Content
F1	These common units represent restricted units issued under the Company's 2007 Equity Incentive Plan and are subject to risk of forfeiture. The common units vest ratably over a three-year period, one-third per year on January 1, 2027, January 1, 2028, and January 1, 2029, provided the reporting person remains employed by the Company.
F2	These common shares represent the vesting of performance-based units granted on January 1, 2023 under the 2007 Equity Incentive Plan of the Company.
F3	The stock options vest ratably over a three-year period, one-third per year on each of the first three anniversaries of the grant date, provided the reporting person remains employed by the Company.