STOCK TITAN

Extra Space (NYSE: EXR) EVP logs stock awards and tax withholding entries

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Extra Space Storage EVP and Chief Legal Officer McNeal Gwyn Goodson reported equity compensation activity in company common stock. On March 1, 2026, Goodson acquired 1,239 shares and 3,609 shares of common stock at a reference price of $151.03 per share through grant or award transactions.

According to the footnotes, part of this reflects performance stock units vesting after certification of performance goals and restricted stock awards that vest 25% annually. To cover related tax liabilities, the issuer withheld several small blocks of shares, including 112, 179, 236, 303, and 400 shares. After these transactions, Goodson directly owned 40,674 shares of common stock.

Positive

  • None.

Negative

  • None.

Insights

Routine equity awards and tax withholding for Extra Space EVP.

The transactions show McNeal Gwyn Goodson, EVP and Chief Legal Officer of Extra Space Storage Inc., receiving common stock through performance stock unit vesting and restricted stock awards at a reference price of $151.03 per share, as part of long-term incentive compensation.

The Form 4 also records several tax-withholding dispositions, where shares are withheld to satisfy tax obligations tied to vesting. These are not open-market sales but administrative entries associated with the awards. Following all grants and withholdings, Goodson directly holds 40,674 common shares.

Overall, the activity appears consistent with structured executive compensation plans and standard tax treatment of equity awards. It does not, by itself, indicate a change in strategic outlook, and future impacts will depend on broader company performance and subsequent compensation or trading disclosures.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McNeal Gwyn Goodson

(Last) (First) (Middle)
2795 E COTTONWOOD PARKWAY
SUITE 300

(Street)
SALT LAKE CITY UT 84121

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Extra Space Storage Inc. [ EXR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP/Chief Legal Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/01/2026 A 1,239(1) A $151.03 38,295 D
Common Stock 03/01/2026 A 3,609(2) A $151.03 41,904 D
Common Stock 03/01/2026 F 112(3) D $151.03 41,792 D
Common Stock 03/01/2026 F 179(3) D $151.03 41,613 D
Common Stock 03/01/2026 F 236(3) D $151.03 41,377 D
Common Stock 03/01/2026 F 303(3) D $151.03 41,074 D
Common Stock 03/01/2026 F 400(3) D $151.03 40,674 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents the number of shares of common stock issued upon the vesting of performance stock units (PSUs), net of shares withheld by the Issuer in payment of the tax liability arising in connection with the settlement of vested PSUs. Each PSU represented a contingent right to receive shares of the Issuers common stock. The PSUs were originally granted on March 1, 2023 and were eligible to vest based on the Issuer achievement of certain performance objectives during the three-year performance period ending December 31, 2025. On February 10, 2026, the Compensation Committee of the Board of Directors of the Issuer certified the Issuer achievement relative to the applicable performance objectives and approved the vesting of the PSUs with respect to these shares effective March 1, 2026.
2. Restricted stock awards vest 25% annually over four years, beginning on the first anniversary of the grant date.
3. Represents shares withheld by the Issuer in payment of the tax liability arising in connection with the settlement of vested restricted stock awards. Restricted stock awards vest 25% annually over four years, beginning on the first anniversary of the grant date.
Remarks:
/s/ Grace Kunde, Attorney-in-Fact 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did EXR executive McNeal Gwyn Goodson report?

McNeal Gwyn Goodson reported receiving equity awards and related tax-withholding transactions in Extra Space Storage common stock. Awards came from performance stock unit vesting and restricted stock grants, while several small share blocks were withheld by the company to cover tax liabilities tied to these vestings.

How many Extra Space Storage shares did the EVP acquire on March 1, 2026?

On March 1, 2026, the EVP acquired 1,239 and 3,609 shares of Extra Space Storage common stock via grant or award transactions. These awards reflect vested performance stock units and restricted stock, using a reference price of $151.03 per share disclosed for the transactions in the filing.

Were any of the EXR insider transactions open-market stock sales?

The reported Extra Space Storage transactions do not show open-market stock sales. Dispositions are coded as tax-withholding events, where the issuer withholds shares, such as 112 and 400 shares, to pay tax obligations related to vesting equity awards rather than discretionary selling into the market.

What do the performance stock unit (PSU) footnotes indicate for EXR?

The footnotes explain that performance stock units were originally granted in March 2023 and could vest based on performance through December 31, 2025. In February 2026, the compensation committee certified performance results and approved PSU vesting effective March 1, 2026, leading to issuance of common shares.

How do the restricted stock awards for EXR’s EVP vest over time?

Restricted stock awards for the EVP vest in equal installments, with 25% vesting annually over four years starting on the first anniversary of the grant date. This schedule creates a multi-year incentive structure, linking continued service and alignment with shareholders through gradually delivered Extra Space Storage common shares.

How many Extra Space Storage shares does the EVP hold after these transactions?

After the reported equity award and tax-withholding transactions, the EVP directly holds 40,674 shares of Extra Space Storage common stock. This figure reflects the cumulative effect of all grants and shares withheld for tax payments recorded in the filing as of the transaction date.
Extra Space Storage Inc

NYSE:EXR

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210.13M
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United States
SALT LAKE CITY