Extra Space EVP reports equity awards, tax moves
Extra Space Storage EVP and Chief Legal Officer McNeal Gwyn Goodson reported equity compensation activity in company common stock.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,239 | $151.03 | $187K |
| Grant/Award | Common Stock | 3,609 | $151.03 | $545K |
| Exercise Price or Tax Liability | Common Stock | 112 | $151.03 | $17K |
| Exercise Price or Tax Liability | Common Stock | 179 | $151.03 | $27K |
| Exercise Price or Tax Liability | Common Stock | 236 | $151.03 | $36K |
| Exercise Price or Tax Liability | Common Stock | 303 | $151.03 | $46K |
| Exercise Price or Tax Liability | Common Stock | 400 | $151.03 | $60K |
Footnotes (3)
- F1. 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.
- F2. Restricted stock awards vest 25% annually over four years, beginning on the first anniversary of the grant date.
- F3. 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.
FAQ
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What insider transactions did EXR executive McNeal Gwyn Goodson report?
Were any of the EXR insider transactions open-market stock sales?
What do the performance stock unit (PSU) footnotes indicate for EXR?
How do the restricted stock awards for EXR’s EVP vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.