Paul S. Williams - 06 May 2026 Form 4 Insider Report for Public Storage (PSA)

Reporting relationship: Director
Issuer ticker: PSA
Reported as of: 06 May 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 08 May 2026, 10:55:24 UTC
Prior SEC filing: 02 Apr 2026
Next SEC filing: 02 Jul 2026
Source filing: View source filing
Reporting owner signature: /s/ Steven C. Babinski, Attorney-in-Fact

Key filing fact

Paul S. Williams filed Form 4 for Public Storage (PSA) on 08 May 2026.

Key facts

This page summarizes Paul S. Williams's Form 4 filing for Public Storage (PSA).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 08 May 2026, 10:55.

Change

Previous filing in this sequence was filed on 02 Apr 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001236458 Primary reporting owner

WILLIAMS PAUL S

Relationship: Director
Address: C/O PUBLIC STORAGE, 2811 INTERNET BOULEVARD, FRISCO
Signature: /s/ Steven C. Babinski, Attorney-in-Fact
Signature date: 08 May 2026

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PSA transaction Derivative

AO LTIP Units

Award

Transaction value
Shares: +3,232
Change %
Price: $0.000000^*
Shares after: 3,232
Date: 06 May 2026
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 3,232
Exercise price: $308.98
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Reflects an award of membership interests in Public Storage OP, L.P. ("Public Storage OP") designated as AO LTIP Units ("AO LTIP Units") granted pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The AO LTIP Units vest in full one (1) year from the grant date. Vested AO LTIP Units are convertible at the reporting person's election into vested LTIP Units ("LTIP Units") of Public Storage OP, which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP ("OP Units"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes.