Extra Space Storage (EXR) CAO reports 158-share tax withholding on RSUs
Rhea-AI Filing Summary
Extra Space Storage Inc. disclosed that its Chief Accounting Officer had 158 shares of common stock withheld on 01/02/2026 to cover taxes due when previously granted restricted stock awards vested. The withholding price was $130.22 per share, and the transaction is coded as an “F”, indicating a tax-related withholding by the issuer rather than an open-market trade.
After this transaction, the officer directly beneficially owns 13,747 shares of Extra Space Storage common stock. The restricted stock awards vest in 25% increments annually over four years, starting on the first anniversary of the grant date.
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FAQ
What insider transaction did Extra Space Storage (EXR) report in this Form 4?
The report shows the Chief Accounting Officer had 158 shares of common stock withheld by Extra Space Storage on 01/02/2026 to pay taxes due on vested restricted stock awards.
Was the EXR insider transaction an open-market sale?
No. The transaction is coded as “F”, meaning the 158 shares were withheld by the issuer to satisfy tax liabilities from restricted stock vesting, not sold in the open market.
How many Extra Space Storage (EXR) shares does the insider own after this transaction?
Following the tax withholding, the reporting officer directly beneficially owns 13,747 shares of Extra Space Storage common stock.
Who is the reporting person in this Extra Space Storage (EXR) Form 4?
The reporting person is an officer of Extra Space Storage Inc., serving as Chief Accounting Officer (CAO), filing as a single reporting person.
How do the Extra Space Storage (EXR) restricted stock awards vest?
The restricted stock awards vest 25% annually over four years, beginning on the first anniversary of the grant date.
What was the price used for the EXR shares withheld for taxes?
The 158 shares withheld to cover the tax liability were valued at $130.22 per share.