Key facts
- This page summarizes Christopher Sambar's Form 4 filing for Public Storage (PSA).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 06 Nov 2024, 14:38.
Christopher Sambar - 05 Nov 2024 Form 4 Insider Report for Public Storage (PSA)
- Reporting relationship
- Chief Operating Officer
- Issuer ticker
- PSA
- Reported as of
- 05 Nov 2024
- Net transaction value
- -$962,876
- SEC form
- 4
- Accepted by SEC
- 06 Nov 2024, 14:38:12 UTC
- Prior SEC filing
- 01 Nov 2024
- Next SEC filing
- 07 Mar 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Steven C. Babinski, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Christopher Sambar filed Form 4 for Public Storage (PSA) on 06 Nov 2024.
Change
- Previous filing in this sequence was filed on 01 Nov 2024.
- Current net transaction value: -$962,876.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PSA
transaction
Common Shares
Award
- Transaction value
- $0
- Shares
- +7,182
- Change %
- Price
- $0.000000
- Shares after
- 7,182
- Date
- 05 Nov 2024
- Ownership
- Direct
- Footnotes
- F1
PSA
transaction
Common Shares
Tax liability
- Transaction value
- $962,876
- Shares
- -2,827
- Change %
- -39%
- Price
- $340.60
- Shares after
- 4,355
- Date
- 05 Nov 2024
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PSA
transaction
Derivative
LTIP Units
Award
- Transaction value
- $0
- Shares
- +14,363
- Change %
- Price
- $0.000000
- Shares after
- 14,363
- Date
- 05 Nov 2024
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 14,363
- Exercise price
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Reflects a new hire make whole award of unrestricted common shares, par value $0.10 per share ("Common Shares"), of Public Storage (the "Company").
Footnote F2
Reflects shares withheld for taxes upon granting the award of unrestricted Common Shares.
Footnote F3
Reflects a new hire make whole award of membership interests in Public Storage OP, L.P. ("Public Storage OP"), a subsidiary of the Company, designated as LTIP Units ("LTIP Units"), which LTIP Units are intended to qualify as profits interests for US federal income tax purposes. The LTIP Units vest in three equal annual installments beginning one year from the grant date. The LTIP Units, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP ("OP Units"). The resulting OP Units may be exchanged by the reporting person for Common Shares or the equivalent cash value of Common Shares, as determined by the Company.