Extra Space Storage Inc SEC Filings

Extra Space Storage Inc. disclosed that its Chief Accounting Officer had 158 shares of common stock withheld on 01/02/2026 to cover taxes due when previously granted restricted stock awards vested. The withholding price was $130.22 per share, and the transaction is coded as an “F”, indicating a tax-related withholding by the issuer rather than an open-market trade.

After this transaction, the officer directly beneficially owns 13,747 shares of Extra Space Storage common stock. The restricted stock awards vest in 25% increments annually over four years, starting on the first anniversary of the grant date.

A holder of common stock has filed a Form 144 notice to potentially sell 62,000 shares of an issuer’s common stock. The planned sale, through broker Raymond James at its Provo, Utah office, has an indicated aggregate market value of 7,969,480 and is expected around 12/09/2025 on the NYSE. As context, the filing notes that 212,247,389 shares of this class were outstanding.

The 62,000 shares to be sold were acquired on 12/02/2025 as a bona fide gift from Spencer Kirk, who originally acquired the shares on 12/28/2004. By signing the notice, the seller represents that they are not aware of any material adverse, nonpublic information about the issuer’s current or prospective operations.

Extra Space Storage Inc. director reported an indirect gift of common stock. On 12/02/2025, an entity associated with the director, Krispen Family Holdings L.C., made a gift of 70,000 shares of Extra Space Storage common stock at a reported price of $0, reducing that entity’s holdings to 567,591 shares held indirectly.

After this transaction, the director is reported as beneficially owning 127,891 shares directly, and additional shares indirectly through trusts, including 161,215 shares held by The Kirk 101 Trust and 17,500 shares held by the Spenco Irrevocable Trust. The director disclaims beneficial ownership of shares held by these entities except to the extent of any pecuniary interest.

Extra Space Storage (EXR) CEO and director Joseph D. Margolis reported a Form 4 transaction. On 11/06/2025, he made a bona fide gift of 7,692 shares of common stock (transaction code G) at a reported price of $0.

After the transaction, reported beneficial holdings were: 12,068 shares indirectly via J Margolis & K Margolis TTEE; 84,385 shares directly; 97,260 shares indirectly via Cove Hollow Lane I, LLC; and 9,190 shares indirectly via Cove Hollow Lane II, LLC. The filing notes that the reporting person controls investment decisions for Cove Hollow Lane I, LLC and disclaims beneficial ownership in the LLC holdings except to the extent of his pecuniary interest.

Extra Space Storage Inc. reported Q3 2025 results showing steady revenue growth with pressure on earnings. Total revenues were $858.5 million, up from $824.8 million a year ago, driven by higher property rental revenue of $735.6 million and tenant reinsurance of $90.3 million. Net income attributable to common stockholders was $166.0 million and diluted EPS was $0.78, down from $0.91, reflecting higher expenses and larger losses on assets held for sale and sold.

Operating trends were mixed. Property operations expenses rose to $235.5 million, and the company recorded a $105.1 million quarterly loss on real estate assets held for sale and sold. For the nine months, net income attributable to common stockholders reached $686.6 million with EPS of $3.23, aided by interest income of $124.6 million and lower depreciation versus last year. Cash from operations was strong at $1.48 billion year-to-date.

EXR continued portfolio reshaping: 46 stores acquired year-to-date (including full ownership of 27 JV properties) and six properties obtained through a JV interest exchange. The balance sheet shows $29.23 billion in assets, 83.8% fixed-rate debt, and a combined weighted average interest rate of 4.4%. The revolving credit facility was upsized to $3.0 billion and extended to August 2029. Shares outstanding were 212,247,580 as of October 27, 2025.

Extra Space Storage Inc. furnished a Form 8-K noting it issued a press release with financial results for the three and nine months ended September 30, 2025.

The press release is included as Exhibit 99.1, and the company states the information is being furnished and not deemed “filed” under Section 18 of the Exchange Act. The cover page Inline XBRL data is identified as Exhibit 104.

Extra Space Storage Inc. (EXR) filing of Form 144 notifies the market of a proposed sale of 7,500 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $1,057,050. The securities were acquired as restricted stock awards on 02/22/2023, and the approximate date of sale is listed as 10/01/2025. The filing shows 212,253,611 shares outstanding for the issuer. No securities were reported sold in the past three months. The filer affirms they are not aware of undisclosed material adverse information.

William N. Springer, EVP, Chief S & P Officer of Extra Space Storage Inc. (EXR), reported a single transaction dated 09/11/2025. The filing shows a non-derivative disposition of 295 shares of Common Stock on that date under transaction code G at a reported price of $0. After the reported transaction, Mr. Springer is shown as directly owning 19,725 shares. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 09/15/2025. The filing provides name and address details for the reporting person and confirms this is a Form filed by one reporting person.

Extra Space Storage, Inc. disclosed key terms of a Credit Agreement for its Operating Partnership that set specific leverage and coverage requirements and identify participating lenders and sales agents. The agreement requires total indebtedness to asset value not to exceed 60% (up to 65% temporarily after a material acquisition); secured debt to asset value not to exceed 40%; adjusted EBITDA to fixed charges of at least 1.50x; and unsecured debt to unencumbered asset value not to exceed 60% (up to 65% temporarily after a material acquisition).

The Credit Agreement contains standard events of default including payment defaults, covenant breaches, cross-defaults and bankruptcy defaults, and allows acceleration of all outstanding amounts if a default persists. The filing also identifies multiple banks and securities firms as lenders and equity sales agents, and notes that the full Credit Agreement is filed as an exhibit and governs the complete terms.