Christopher Sambar - 05 Mar 2025 Form 4 Insider Report for Public Storage (PSA)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
07 Mar 2025, 11:38:03 UTC
Prior SEC filing
06 Nov 2024
Next SEC filing
04 Aug 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Steven C. Babinski, Attorney-in-Fact

Key filing fact

Christopher Sambar filed Form 4 for Public Storage (PSA) on 07 Mar 2025.

Key facts

  • This page summarizes Christopher Sambar's Form 4 filing for Public Storage (PSA).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 07 Mar 2025, 11:38.

Change

  • Previous filing in this sequence was filed on 06 Nov 2024.
  • 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

Reported derivative securities

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

PSA transaction Derivative

AO LTIP Units

Award

Transaction value
$0
Shares
+9,748
Change %
Price
$0.000000
Shares after
9,748
Date
05 Mar 2025
Ownership
Direct
Underlying class
Common Shares
Underlying amount
9,748
Exercise price
$311.30
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

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 Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The AO LTIP Units vest in five (5) equal annual installments beginning 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.

Footnote F2

These AO LTIP Units become exercisable as to one-fifth on each of March 5, 2026, 2027, 2028, 2029, and 2030.

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