Nathaniel A. Vitan - 13 Dec 2024 Form 4 Insider Report for Public Storage (PSA)

Role: Chief Legal Officer
Signature: /s/ Nathaniel A. Vitan
Issuer symbol: PSA
Transactions as of: 13 Dec 2024
Net transactions value: -$143,096
Form type: 4
Filing time: 16 Dec 2024, 12:06:16 UTC
Previous filing: 13 Sep 2024
Next filing: 06 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PSA	Common Shares	Sale	$143,096	-450	-16%	$317.99	2,364	13 Dec 2024	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
holding	PSA	LTIP Units						48,670	13 Dec 2024	Common Shares	48,670		Direct	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date.
F2	Corrects a previous overstatement of the reporting person's total LTIP Unit holdings by 0.77 LTIP Units.
F3	Includes 7,250 LTIP Units subject to time vesting conditions.