Extra Space Storage (EXR) president reports routine tax withholding of shares

Rhea-AI Filing Summary

Extra Space Storage Inc. President William N. Springer reported a small, routine tax-related share disposition. The company withheld 138 shares of common stock at $147.29 per share to cover taxes on vested restricted stock awards. After this withholding, Springer directly owns 27,794 shares of Extra Space Storage common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Springer William N

Role President

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	138	$147.29	$20K

Holdings After Transaction: Common Stock — 27,794 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares withheld for tax: 138 shares Withholding price per share: $147.29 per share Shares held after transaction: 27,794 shares

3 metrics

Shares withheld for tax 138 shares Tax-withholding disposition of common stock

Withholding price per share $147.29 per share Value used for tax-withholding shares

Shares held after transaction 27,794 shares Direct ownership after tax withholding

Key Terms

restricted stock awards, tax liability, vest, Form 4

4 terms

restricted stock awards financial

"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.

tax liability financial

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

vest financial

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

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:46 PM Accepted by SEC EDGAR 07/02/2026 - 04:45 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^*

Springer William N

(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)
	President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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	07/01/2026		F		138(1)	D	$147.29	27,794	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/ Mike Picklesimer, Attorney-in-Fact	07/02/2026
	** 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)

FAQ

What did Extra Space Storage (EXR) President William N. Springer report on this Form 4?

William N. Springer reported that 138 shares of Extra Space Storage common stock were withheld to cover taxes on vested restricted stock awards. This is a routine administrative transaction, not an open-market purchase or sale of EXR shares.

Was the Extra Space Storage (EXR) insider transaction a market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The company withheld 138 shares at $147.29 per share to pay Springer's tax liability from restricted stock vesting, a standard payroll-like mechanism.

How many Extra Space Storage (EXR) shares does William N. Springer hold after this filing?

After the tax-withholding transaction, William N. Springer directly holds 27,794 shares of Extra Space Storage common stock. The filing does not show any open-market buying or selling, only this routine adjustment for tax obligations on equity compensation.

What triggered the tax-withholding of Extra Space Storage (EXR) shares for the president?

The withholding arose from the settlement of vested restricted stock awards that vest 25% annually over four years. When these awards vested, Extra Space Storage retained 138 shares to cover William N. Springer's tax liability instead of requiring separate cash payment.

Does this Extra Space Storage (EXR) Form 4 indicate a change in insider sentiment?

The filing reflects a routine tax-withholding adjustment and does not indicate a discretionary buy or sell decision. No open-market purchases or sales were reported, so the transaction provides limited insight into the president’s view of Extra Space Storage’s stock.