Director at Extra Space (NYSE: EXR) receives 1,407-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Barberio Mark G reported acquisition or exercise transactions in this Form 4 filing.
Extra Space Storage director Mark G. Barberio reported an equity grant of 1,407 shares of Common Stock at $142.19 per share. This stock award vests over one year on the anniversary of the grant date, reflecting compensation rather than an open‑market purchase.
Following the grant, Barberio directly holds 15,487 shares of Extra Space Storage common stock. The filing also reports indirect holdings of 1,804 shares held by The Barberio Family Foundation Trust and 8,055 shares held by Markapital, LLC. The company notes that prior Forms 4 overstated his beneficial ownership by one share, which has now been corrected.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Barberio Mark G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,407 | $142.19 | $200K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 15,487 shares (Direct, null);
Common Stock — 8,055 shares (Indirect, By Markapital, LLC)
Footnotes (1)
- Stock awards vest over one year on the anniversary of the grant date. The reporting person's previous Forms 4 overreported his beneficial ownership by one share. The ownership following the transaction reported herein has been corrected.
Key Figures
Stock grant size: 1,407 shares
Grant reference price: $142.19 per share
Direct holdings after grant: 15,487 shares
+2 more
5 metrics
Stock grant size
1,407 shares
Common Stock award to Mark G. Barberio
Grant reference price
$142.19 per share
Value used for the stock award
Direct holdings after grant
15,487 shares
Common Stock held directly by Barberio after transaction
Trust indirect holdings
1,804 shares
Held by The Barberio Family Foundation Trust
LLC indirect holdings
8,055 shares
Held by Markapital, LLC
Key Terms
Grant, award, or other acquisition, indirect ownership, vest over one year, beneficial ownership
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
indirect ownership financial
"ownership_type: indirect; nature_of_ownership describes trust and LLC holdings"
vest over one year financial
"Stock awards vest over one year on the anniversary of the grant date."
beneficial ownership financial
"previous Forms 4 overreported his beneficial ownership by one share."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did Mark G. Barberio report for Extra Space Storage (EXR)?
Mark G. Barberio reported receiving a grant of 1,407 shares of Extra Space Storage common stock at $142.19 per share. This equity award is compensation and increases his direct holdings to 15,487 shares after the transaction.
What are the terms of Mark G. Barberio’s new stock award in EXR?
Barberio received a stock award of 1,407 Extra Space Storage common shares valued at $142.19 per share. According to the footnote, these stock awards vest over one year on the anniversary of the grant date, typical for director compensation.
Does the Extra Space Storage Form 4 disclose any correction to prior ownership for EXR?
Yes. The filing states earlier Forms 4 overreported Barberio’s beneficial ownership by one share. The ownership figures reported after this transaction, including 15,487 directly held shares, reflect this correction to his recorded holdings.
How much of Mark G. Barberio’s EXR stake is held indirectly?
The Form 4 reports 1,804 Extra Space Storage shares held indirectly by The Barberio Family Foundation Trust and 8,055 shares held indirectly by Markapital, LLC. These positions are separate from his 15,487 shares held directly in his own name.