STOCK TITAN

EXR (EXR) CFO reports 105-share tax withholding from vested stock awards

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Extra Space Storage Inc. Executive VP and CFO Norman Jeffrey Jay reported a small automatic share transaction. On February 2, 2026, 105 shares of common stock were withheld at $137.97 per share to cover taxes due on vested restricted stock awards. After this tax withholding, he beneficially owned 13,485 shares of Extra Space Storage common stock directly.

Positive

  • None.

Negative

  • None.
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*
Norman Jeffrey Jay

(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 CFO
3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026
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 02/02/2026 F 105(1) D $137.97 13,485 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, Attorney-in-Fact 02/03/2026
** 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 transaction did EXR CFO Norman Jeffrey Jay report on February 2, 2026?

Norman Jeffrey Jay reported an automatic tax-related transaction involving 105 Extra Space Storage common shares on February 2, 2026. The shares were withheld by the company at $137.97 each to satisfy tax liabilities from vested restricted stock awards.

How many Extra Space Storage (EXR) shares does the CFO own after this Form 4 filing?

After the reported transaction, Extra Space Storage’s Executive VP and CFO beneficially owned 13,485 shares of EXR common stock directly. This figure reflects ownership after 105 shares were withheld to cover tax obligations on restricted stock award vesting.

Was the EXR CFO’s February 2026 Form 4 a discretionary sale of shares?

No, the transaction was not a discretionary open-market sale. The 105 EXR shares were withheld by the issuer to pay taxes arising from the settlement of vested restricted stock awards, as explained in the footnote to the Form 4 filing.

What do the restricted stock awards in EXR’s Form 4 footnote say about vesting?

The filing states that restricted stock awards vest 25% annually over four years, starting on the first anniversary of the grant date. The February 2, 2026 tax withholding relates to shares issued upon settlement of these vested restricted stock awards.

How was the price determined for EXR shares withheld for the CFO’s taxes?

The Form 4 reports that 105 Extra Space Storage common shares were withheld at a price of $137.97 per share. This price is used solely to calculate the value of shares applied toward the CFO’s tax liability on vested restricted stock awards.
Extra Space Storage Inc

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