Nathaniel A. Vitan - 15 Mar 2026 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
17 Mar 2026, 20:53:45 UTC
Prior SEC filing
07 Mar 2025
Next SEC filing
16 Jun 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Nathaniel A. Vitan

Key filing fact

Nathaniel A. Vitan filed Form 4 for Public Storage (PSA) on 17 Mar 2026.

Key facts

  • This page summarizes Nathaniel A. Vitan's Form 4 filing for Public Storage (PSA).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 17 Mar 2026, 20:53.

Change

  • Previous filing in this sequence was filed on 07 Mar 2025.
  • 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 0001774586 Primary reporting owner

Vitan Nathaniel A.

Relationship
Chief Legal Officer
Address
C/O PUBLIC STORAGE, 2811 INTERNET BOULEVARD, FRISCO
Signature
/s/ Nathaniel A. Vitan
Signature date
17 Mar 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PSA holding

Common Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,364
Date
15 Mar 2026
Ownership
Direct

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
+12,986
Change %
Price
$0.000000*
Shares after
12,986
Date
15 Mar 2026
Ownership
Direct
Underlying class
Common Shares
Underlying amount
12,986
Exercise price
$288.56
Footnotes
F1, F2, F3
PSA transaction Derivative

LTIP Units

Award

Transaction value
Shares
+3,368
Change %
+6.4%
Price
$0.000000*
Shares after
56,212
Date
15 Mar 2026
Ownership
Direct
Underlying class
Common Shares
Underlying amount
3,368
Exercise price
Footnotes
F3, F4, F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 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. AO LTIP Units, if and as they become vested, 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

Reflects an award of performance-based AO LTIP Units (substituted on February 26, 2024 for an award of stock options originally granted March 15, 2023), subject to a three year (2023-2026) performance period. As originally granted, this award was for 12,986 options (at target) with an exercise price of $288.56 per share. On February 26, 2024, the option award was cancelled upon surrender to Public Storage and the reporting person received a replacement award of AO LTIP Units upon substantially identical terms. On March 15, 2026, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 100% of target, as reflected here.

Footnote F3

Three-fifths of this award will vest on March 20, 2026, with the remaining vesting ratably over the next two years.

Footnote F4

Reflects an award of LTIP Units of Public Storage OP, which, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into 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. LTIP Units are intended to qualify as profits interests for US federal income tax purposes.

Footnote F5

Reflects an award of performance-based LTIP Units (substituted on February 26, 2024 for an award of restricted share units originally granted March 15, 2023), subject to a three year (2023-2026) performance period. On February 26, 2024, the restricted share unit award was cancelled upon surrender to Public Storage and the reporting person received a replacement award of LTIP Units upon substantially identical terms. On March 15, 2026, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 100% of target, as reflected here.

Footnote F6

Includes 50,007.90 vested LTIP Units and 6,204 LTIP Units subject to time-based vesting.

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