Extra Space Storage (NYSE: EXR) director files Form 4 for 70K-share stock gift

Rhea-AI Filing Summary

Extra Space Storage Inc. director reported an indirect gift of common stock. On 12/02/2025, an entity associated with the director, Krispen Family Holdings L.C., made a gift of 70,000 shares of Extra Space Storage common stock at a reported price of $0, reducing that entity’s holdings to 567,591 shares held indirectly.

After this transaction, the director is reported as beneficially owning 127,891 shares directly, and additional shares indirectly through trusts, including 161,215 shares held by The Kirk 101 Trust and 17,500 shares held by the Spenco Irrevocable Trust. The director disclaims beneficial ownership of shares held by these entities except to the extent of any pecuniary interest.

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

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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^*

Kirk Spencer

(Last) (First) (Middle)

2795 EAST 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/02/2025

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	12/02/2025		G		70,000	D	$0	567,591	I	Krispen Family Holdings L.C.(1)
Common Stock								127,891	D
Common Stock								161,215	I	The Kirk 101 Trust(2)
Common Stock								17,500	I	Spenco Irrevocable Trust(3)

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. The reporting person disclaims beneficial ownership in the common stock held by Krispen Family Holdings, L.C., except to the extent of his pecuniary interest therein.

2. The reporting person disclaims beneficial ownership in the common stock held by The Kirk 101 Trust, except to the extent of his pecuniary interest therein.

3. The reporting person disclaims beneficial ownership in the common stock held by Spenco Irrevocable Trust, except to the extent of his pecuniary interest therein.

Remarks:

	/s/ Grace Kunde, Attorney-in-Fact	12/04/2025
	** 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 did the Extra Space Storage Inc. (EXR) insider report on this Form 4?

The Form 4 reports that a director of Extra Space Storage Inc. had an indirect entity, Krispen Family Holdings L.C., make a gift of 70,000 shares of EXR common stock on 12/02/2025.

What was the transaction code and price for the EXR insider transaction?

The transaction is coded G, which indicates a gift, and the shares were reported at a price of $0 per share.

How many Extra Space Storage (EXR) shares does Krispen Family Holdings L.C. hold after the gift?

Following the reported gift of 70,000 shares, Krispen Family Holdings L.C. is shown as indirectly holding 567,591 shares of Extra Space Storage common stock.

How many EXR shares does the reporting person hold directly after the transaction?

After the reported transaction, the director is listed as directly holding 127,891 shares of Extra Space Storage common stock.

What additional Extra Space Storage (EXR) shares are held through trusts?

The Form 4 shows 161,215 shares held indirectly through The Kirk 101 Trust and 17,500 shares held indirectly through the Spenco Irrevocable Trust.

Does the reporting person claim full beneficial ownership of the EXR shares held by the listed entities and trusts?

No. The director disclaims beneficial ownership of the shares held by Krispen Family Holdings L.C., The Kirk 101 Trust, and the Spenco Irrevocable Trust, except to the extent of any pecuniary interest.

What is the reporting person’s relationship to Extra Space Storage Inc. (EXR)?

The reporting person is identified as a Director of Extra Space Storage Inc. on this Form 4 filing.