Extra Space Storage (EXR) CAO logs stock grant and tax-withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Extra Space Storage Inc. (EXR) chief accounting officer Grace Kunde reported equity compensation activity involving company common stock. On March 1, 2026, she acquired 1,292 shares of common stock as a grant, award, or other acquisition valued at $151.03 per share. According to the footnotes, these restricted stock awards vest 25% annually over four years, beginning on the first anniversary of the grant date.
On the same date, 117 shares of common stock, at $151.03 per share, were disposed of as a tax-withholding disposition to cover tax liabilities arising from the settlement of vested restricted stock awards. After these transactions, Kunde directly owned 14,922 shares of Extra Space Storage common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
KUNDE GRACE
Role
CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,292 | $151.03 | $195K |
| Tax Withholding | Common Stock | 117 | $151.03 | $18K |
Holdings After Transaction:
Common Stock — 15,039 shares (Direct)
Footnotes (1)
- Restricted stock awards vest 25% annually over four years, beginning on the first anniversary of the grant date. 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.
FAQ
What did Extra Space Storage (EXR) CAO Grace Kunde report on this Form 4?
Grace Kunde reported a stock-based compensation transaction and related tax withholding. She received a grant of 1,292 shares of Extra Space Storage common stock and had 117 shares withheld to satisfy tax liabilities associated with vested restricted stock awards.
What is the vesting schedule for Grace Kunde’s Extra Space Storage (EXR) restricted stock awards?
The restricted stock awards vest 25% annually over four years. Vesting begins on the first anniversary of the grant date, meaning the award is spread evenly across four years, with a quarter of the shares becoming vested and non-forfeitable each year.
Were the Extra Space Storage (EXR) transactions by Grace Kunde open-market buys or sells?
No, the transactions were not open-market trades. The Form 4 describes one transaction as a grant, award, or other acquisition of restricted stock and the other as shares withheld to pay tax liabilities related to vested restricted stock awards.