RUSSELL JOSEPH D JR bought PSA
January 27, 2026 · Form 4 insider transaction
RUSSELL JOSEPH D JR bought 25,207 shares of Public Storage at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Reflects an award of membership interests in Public Storage OP, L.P. ("Public Storage OP") designated as LTIP Units ("LTIP Units") granted in connection with Public Storage's 2026 named executive officer equity compensation program and pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The LTIP Units vest in three (3) equal annual installments beginning one (1) year from the grant date. Vested LTIP Units 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. LTIP Units are intended to qualify as profits interests for US federal income tax purposes.; Includes 55,046.82 vested LTIP Units and 40,829 LTIP Units subject to time-based vesting.