Extra Space EVP reports stock awards and tax withholding

Extra Space Storage Executive VP and CDO Samrat Sondhi reported equity compensation activity in company common stock.

Rhea-AI Filing Summary

Extra Space Storage Executive VP and CDO Samrat Sondhi reported equity compensation activity in company common stock. On March 1, 2026, he acquired 1,929 shares at $151.03 per share from performance stock units vesting and 7,151 restricted shares as a grant or award.

The filing also shows tax-withholding dispositions totaling 1,786 shares at $151.03 per share, where shares were withheld by the company to cover tax liabilities tied to vested performance and restricted stock. After these transactions, Sondhi directly held 109,244 shares of Extra Space Storage common stock.

Insider Trade Summary

6 transactions reported

Mixed 6 txns

Insider Sondhi Samrat

Role Executive VP and CDO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,929	$151.03	$291K
Grant/Award	Common Stock	7,151	$151.03	$1.08M
Exercise Price or Tax Liability	Common Stock	206	$151.03	$31K
Exercise Price or Tax Liability	Common Stock	353	$151.03	$53K
Exercise Price or Tax Liability	Common Stock	451	$151.03	$68K
Exercise Price or Tax Liability	Common Stock	776	$151.03	$117K

Holdings After Transaction: Common Stock — 109,244 shares (Direct)

Footnotes (3)

1. 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.
2. F2. Restricted stock awards vest 25% annually over four years, beginning on the first anniversary of the grant date.
3. 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did EXR executive Samrat Sondhi report on March 1, 2026?

Samrat Sondhi reported equity compensation activity on March 1, 2026, including 1,929 shares from vested performance stock units and 7,151 restricted shares granted at $151.03 per share, plus 1,786 shares withheld to satisfy related tax liabilities.

Were the EXR Form 4 transactions open-market buys or equity awards?

The EXR Form 4 shows equity awards and vesting, not open-market purchases. Shares came from performance stock units and restricted stock awards, with additional shares withheld by the company to pay tax liabilities arising from these vesting events.

How many Extra Space Storage shares does Samrat Sondhi own after these Form 4 transactions?

After the reported transactions, Samrat Sondhi directly held 109,244 shares of Extra Space Storage common stock. This figure reflects the grants and vesting, net of shares withheld by the company to cover associated tax obligations.

What do the tax-withholding dispositions in EXR’s Form 4 represent?

The tax-withholding dispositions represent 1,786 shares of Extra Space Storage common stock withheld at $151.03 per share. The issuer withheld these shares to pay income tax liabilities triggered when performance stock units and restricted stock awards vested for Samrat Sondhi.

How do EXR restricted stock awards vest for Samrat Sondhi?

Restricted stock awards vest 25% annually over four years, starting on the first anniversary of the grant date. As portions vest, some shares may be withheld by Extra Space Storage to satisfy the resulting tax liabilities associated with the vesting events.

How were EXR performance stock units determined and vested for Samrat Sondhi?

Each performance stock unit represented a contingent right to Extra Space Storage shares. They were granted on March 1, 2023, tied to performance through December 31, 2025, with vesting approved effective March 1, 2026 after Compensation Committee certification.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 03/03/2026 - 09:19 PM Learn about SEC filing dates

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^*

Sondhi Samrat

(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)
	Executive VP and CDO

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		1,929(1)	A	$151.03	103,879	D
Common Stock	03/01/2026		A		7,151(2)	A	$151.03	111,030	D
Common Stock	03/01/2026		F		206(3)	D	$151.03	110,824	D
Common Stock	03/01/2026		F		353(3)	D	$151.03	110,471	D
Common Stock	03/01/2026		F		451(3)	D	$151.03	110,020	D
Common Stock	03/01/2026		F		776(3)	D	$151.03	109,244	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.