Extra Space CAO has 276 shares withheld

Extra Space Storage Inc. chief accounting officer Grace Kunde reported a routine tax-related share disposition.

Rhea-AI Filing Summary

Extra Space Storage Inc. chief accounting officer Grace Kunde reported a routine tax-related share disposition. On settlement of vested restricted stock awards, 276 shares of common stock were withheld by the company to cover her tax liability at a value of $132.49 per share. These awards vest 25% annually over four years, beginning on the first anniversary of the grant date.

After this withholding, Kunde directly holds 14,646 shares of Extra Space Storage common stock, indicating the transaction affected only a small portion of her overall equity stake and reflects compensation-related tax handling rather than an open-market trade.

Insider Trade Summary

Exercise Price or Tax Liability: 276 shares

Exercise Price or Tax Liability 1 txn

Insider KUNDE GRACE

Role CAO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	276	$132.49	$37K

Holdings After Transaction: Common Stock — 14,646 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Shares withheld for taxes: 276 shares Withholding price: $132.49 per share Shares held after transaction: 14,646 shares +1 more

4 metrics

Shares withheld for taxes 276 shares Withholding on vested restricted stock awards

Withholding price $132.49 per share Value used for tax-withholding disposition

Shares held after transaction 14,646 shares Direct EXR holdings by CAO after withholding

Vesting schedule 25% annually over four years Restricted stock awards vesting pattern

Key Terms

restricted stock awards, vest 25% annually, tax liability, tax-withholding disposition

4 terms

restricted stock awards financial

"tax liability arising in connection with the settlement of vested restricted stock awards"

Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.

vest 25% annually financial

"Restricted stock awards vest 25% annually over four years"

tax liability financial

"payment of the tax liability arising in connection with the settlement"

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

FAQ

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

What did Extra Space Storage (EXR) CAO Grace Kunde report on this Form 4?

Grace Kunde reported a tax-related share disposition, where 276 common shares were withheld by Extra Space Storage to satisfy taxes from vested restricted stock awards.

How many Extra Space Storage (EXR) shares were withheld for taxes?

A total of 276 common shares of Extra Space Storage were withheld at $132.49 per share to cover Grace Kunde’s tax liability from her restricted stock vesting.

Does this Form 4 show an open-market sale of EXR shares by the CAO?

No, the filing shows shares withheld for taxes, not an open-market sale. The F code transaction reflects tax withholding on vested restricted stock awards, a standard compensation-related mechanism.

How many EXR shares does Grace Kunde hold after the tax withholding?

Following the tax withholding, Grace Kunde directly holds 14,646 shares of Extra Space Storage common stock, indicating the transaction reduced her position only marginally relative to her total holdings.

How do Grace Kunde’s restricted stock awards at Extra Space Storage vest?

Her restricted stock awards vest 25% annually over four years, starting on the first anniversary of the grant date. This schedule gradually delivers shares, with taxes handled through share withholding.

What does transaction code F mean in this Extra Space Storage (EXR) Form 4?

Transaction code F indicates payment of a tax liability by delivering securities. In this case, 276 EXR shares were withheld to satisfy taxes from restricted stock vesting for the CAO.

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

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Accepted by SEC EDGAR 04/03/2026 - 02:27 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^*

KUNDE GRACE

(Last) (First) (Middle)

2795 EAST COTTONWOOD PARKWAY

SUITE 300

(Street)

SALT LAKE CITY UTAH 84121

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	CAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/01/2026		F		276(1)	D	$132.49	14,646	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 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	04/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)