May 16, 2026 · Form 4 insider transaction
Wu Charles F sold 10,272 shares of National Storage Affiliates Trust, a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 3 days after the transaction.
Long-term incentive plan units ("LTIP Units") in the Partnership, after achieving parity with Class A common units of limited partner interest in the Partnership ("Class A OP Units"), are eligible to be converted into Class A OP Units on a one-for-one basis upon the satisfaction of conditions set forth in the Partnership's agreement of limited partnership.; Upon conversion of such vested parity LTIP Units into Class A OP Units, the Reporting Person has the right to cause the Partnership to redeem all or a portion of the Reporting Person's Class A OP Units for cash in an amount equal to the market value of an equivalent number of Shares, or at the Issuer's option, Shares on a one-for-one basis, subject to certain adjustments.; Consists of 10,272 LTIP Units held by the Reporting Person which were converted into 10,272 Class A OP Units as described in footnote 4 above. The Reporting Person previously reported the 10,272 LTIP Units that were converted into Class A OP Units as described in this Form 4 as Class A OP Units on an as-converted basis. Accordingly, rows 1 and 2 of Table II of this Form 4 are being filed on a voluntary basis solely to provide notice of the conversion of the Reporting Person's 10,272 LTIP Units into 10,272 Class A OP Units.; N/A; The Reporting Person's total direct beneficial ownership following the reported transactions above is 22,998 Class A OP Units (which includes those Class A OP Units previously reported and the Class A OP Units reported herein) and 0 LTIP Units. The 22,998 Class A OP Units do not include non-derivative securities of the Reporting Person that were previously reported.