CubeSmart SEC Filings

CubeSmart reported insider equity activity for its CLO & Secretary on January 1, 2026. The officer received 8,553 restricted common shares at a reported price of $0.0000, which were granted under the company’s 2007 Equity Incentive Plan and are subject to forfeiture. These restricted shares vest in three equal installments on January 1, 2027, January 1, 2028, and January 1, 2029, contingent on continued employment.

The filing also shows 3,514 common shares delivered upon vesting of performance-based units that were originally granted on January 1, 2023, with a listed price of $36.05. In addition, the officer was granted a stock option for 42,237 shares at an exercise price of $36.05, expiring on December 31, 2035. These options vest in three equal annual installments on the first three anniversaries of the grant date, again dependent on continued employment.

CubeSmart’s CEO and director reported several equity transactions dated January 1, 2026. The reporting person acquired 34,027 restricted common units that vest in two equal installments on January 1, 2027 and January 1, 2028, subject to continued employment. They also received 22,168 common shares from the vesting of performance-based units originally granted on January 1, 2023, and 17,013 restricted common shares that vest on January 1, 2029, also subject to continued employment.

To cover obligations at $36.05 per share, 5,425 common shares were reported as disposed of. In addition, the filing shows a stock option grant for 252,055 shares at an exercise price of $36.05, expiring on December 31, 2035, vesting in three equal annual installments from the grant date. Following these transactions, the reporting person directly holds 648,974 common shares and has additional indirect holdings through spousal and other trusts.

CubeSmart's CFO reported several equity transactions dated January 1, 2026. The filing shows a grant of 17,799 restricted common units under the 2007 Equity Incentive Plan, which will vest in three equal parts on January 1, 2027, 2028, and 2029, as long as the executive remains employed by the company.

The CFO also reported 8,381 common shares from the vesting of performance-based units that were originally granted on January 1, 2023. In addition, the executive received stock options for 87,900 shares at an exercise price of $36.05 per share, expiring December 31, 2035, vesting in three equal annual installments on the first three anniversaries of the grant date.

After these transactions, the CFO beneficially owns 384,975 common shares directly and 5,469 shares indirectly through a 401(k) plan.

CubeSmart's Chief Human Resources Officer reported several equity transactions and awards as of January 1, 2026. The reporting person acquired 4,392 restricted common units at $0.0000 per unit under the company’s 2007 Equity Incentive Plan. These units vest in three equal parts on January 1, 2027, January 1, 2028, and January 1, 2029, subject to continued employment.

The filing also shows the vesting of 1,839 performance-based common shares granted on January 1, 2023, at a transaction price of $36.05 per share, and a disposition of 1,852 shares at $36.05. After these transactions, the officer directly owns 18,732 common shares.

In addition, the officer received a grant of 21,689 stock options with an exercise price of $36.05 per share, expiring on December 31, 2035. These options vest in three equal annual installments on the first three anniversaries of the grant date, conditioned on continued employment.

CubeSmart’s CEO and director reported several insider transactions in the company’s common stock. On 12/12/2025, the executive exercised a stock option for 87,604 shares at $30.32 per share and received common stock, then sold 46,925 shares at $36.55. On 12/15/2025, an additional 679 shares were sold at $36.5459.

Following these transactions, the executive directly beneficially owned 581,191 common shares. The filing also reports indirect ownership of 263,838 shares through a spousal trust, 2,698 shares through a second spousal trust, and 20,265 shares held in another trust. The exercised option originally covered 87,604 shares at a $30.32 exercise price and carried an expiration date of 01/21/2026, and is now fully exercised with no derivative securities remaining.

CubeSmart's chief financial officer reported exercising stock options for 29,566 shares of common stock at $30.32 per share on December 12, 2025.

After this transaction, the officer directly owned 358,795 common shares and indirectly held 5,469 shares through a 401(k) plan. The exercised option grant covered 29,566 shares and became exercisable in three equal installments on January 22, 2017, 2018, and 2019, and now shows zero derivative securities beneficially owned.

CUBE Form 144 filing outlines an insider’s planned stock sale. A holder of CubeSmart common shares has filed notice of intent to sell 29,566 common shares through broker Charles Schwab & Co. on the NYSE. The shares have an indicated aggregate market value of $1,085,959.18 and are part of the company’s total 228,035,931 shares outstanding. The securities are common shares of CubeSmart.

The shares to be sold were acquired from the issuer on 12/12/2025 via a stock option exercise, with payment noted as a broker check on the same date. The filer represents that they are not aware of any material adverse, nonpublic information about CubeSmart’s current or prospective operations, consistent with Rule 144 requirements for public resale of restricted or controlled securities.

CUBE: A holder filed a Form 144 notice to sell up to 87,604 common shares, with an aggregate market value of $3,240,471.96. The filing lists Vanguard Marketing Corporation as broker and the NYSE as the exchange, with an approximate sale date of 11/04/2025.

The shares were originally acquired via stock option exercise on 01/22/2016. As context, 228,035,931 shares were outstanding at the time referenced. A Form 144 is a notice of proposed sale and does not guarantee that sales will occur.

CubeSmart reported Q3 2025 results with total revenues of $285.1 million, up from $270.9 million a year ago. Net income attributable to the company was $82.9 million versus $100.8 million, and diluted EPS was $0.36 versus $0.44. For the first nine months, revenues were $840.4 million versus $798.5 million, with net income attributable of $255.1 million versus $289.3 million, reflecting higher operating, depreciation, and interest expenses.

The balance sheet shows unsecured senior notes, net, of $3.224 billion compared with $2.781 billion at year‑end, and cash of $108.4 million versus $71.6 million. Net storage properties rose to $6.378 billion from $6.038 billion. Operating cash flow for the nine months was $472.0 million. In February 2025, CubeSmart acquired the remaining 80% of HVP IV for $452.8 million, adding 28 stores across multiple states; the assets were recorded at $466.9 million, including $32.0 million of in‑place lease intangibles. Common shares outstanding were 228,035,931 as of October 29, 2025.