Extra Space Storage CEO reports 7,692-share gift on Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Extra Space Storage (EXR) CEO and director Joseph D. Margolis reported a Form 4 transaction. On 11/06/2025, he made a bona fide gift of 7,692 shares of common stock (transaction code G) at a reported price of $0.
After the transaction, reported beneficial holdings were: 12,068 shares indirectly via J Margolis & K Margolis TTEE; 84,385 shares directly; 97,260 shares indirectly via Cove Hollow Lane I, LLC; and 9,190 shares indirectly via Cove Hollow Lane II, LLC. The filing notes that the reporting person controls investment decisions for Cove Hollow Lane I, LLC and disclaims beneficial ownership in the LLC holdings except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,692 shares gifted
Mixed
4 txns
Insider
Margolis Joseph D
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 7,692 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,068 shares (Indirect, J Margolis & K Margolis TTEE);
Common Stock — 84,385 shares (Direct)
Footnotes (1)
- Shares held in J Margolis & K Margolis TTEE Joseph Daniel Margolis Revocab U/A DTD 05/24/2013. The reporting person controls the investment decisions with respect to shares of common stock held by Cove Hollow Lane I, LLC. The reporting person disclaims beneficial ownership in the common stock held by Cove Hollow Lane I, LLC, except to the extent of his pecuniary interest therein. The reporting person disclaims beneficial ownership in the common stock held by Cove Hollow Lane II, LLC, except to the extent of his pecuniary interest therein.
FAQ
What insider transaction did EXR’s CEO report?
Joseph D. Margolis reported a gift of 7,692 EXR shares on 11/06/2025 (code G) at a reported price of $0.
What does transaction code G mean on a Form 4?
Code G denotes a bona fide gift of securities.
Did the filing include any beneficial ownership disclaimers?
Yes. The reporting person disclaims beneficial ownership of shares held by Cove Hollow Lane I, LLC and Cove Hollow Lane II, LLC, except for his pecuniary interest.
Who signed the EXR Form 4 and when?
It was signed by /s/ Grace Kunde, Attorney-in-Fact on 11/07/2025.
What roles does the reporting person hold at EXR?
He is a Director and Chief Executive Officer.