Director Kenneth Woolley receives 1,407-share stock award at Extra Space (NYSE: EXR)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Woolley Kenneth M. reported acquisition or exercise transactions in this Form 4 filing.
Extra Space Storage Inc. director Kenneth M. Woolley reported receiving a grant of 1,407 shares of common stock on May 14, 2026. The award was valued at $142.19 per share. After this grant, Woolley directly holds 407,088 shares of Extra Space Storage common stock. According to the footnote, these stock awards vest over one year on the anniversary of the grant date, indicating they are part of ongoing equity-based compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Woolley Kenneth M.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,407 | $142.19 | $200K |
Holdings After Transaction:
Common Stock — 407,088 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock award size: 1,407 shares
Grant value per share: $142.19 per share
Holdings after grant: 407,088 shares
+1 more
4 metrics
Stock award size
1,407 shares
Common stock grant on May 14, 2026
Grant value per share
$142.19 per share
Valuation of stock award
Holdings after grant
407,088 shares
Total direct ownership after transaction
Vesting period
One year
Stock awards vest over one year from grant date
Key Terms
stock awards, Grant, award, or other acquisition, Form 4
3 terms
stock awards financial
"Stock awards vest over one year on the anniversary of the grant date."
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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.
FAQ
What insider transaction did Extra Space Storage (EXR) report for Kenneth M. Woolley?
Extra Space Storage reported that director Kenneth M. Woolley received a grant of 1,407 shares of common stock. The grant is classified as a stock award acquisition, not an open-market purchase, and reflects routine equity compensation rather than a discretionary trade in the company’s shares.
At what price was Kenneth M. Woolley’s Extra Space Storage (EXR) stock award valued?
Kenneth M. Woolley’s stock award was valued at $142.19 per share. This figure represents the per-share value used for the 1,407-share grant and helps indicate the overall size of the equity compensation reported in this Form 4 filing for Extra Space Storage.
How do Kenneth M. Woolley’s Extra Space Storage (EXR) stock awards vest?
The stock awards granted to Kenneth M. Woolley vest over one year on the anniversary of the grant date. This time-based vesting schedule means the 1,407 shares become fully owned after one year, aligning with typical director compensation practices at publicly traded companies.
Is Kenneth M. Woolley’s Extra Space Storage (EXR) transaction a buy or a compensation grant?
The transaction for Kenneth M. Woolley is a compensation grant, not an open-market buy. It is coded as a grant, award, or other acquisition and classified as an equity stock award, indicating it forms part of his director compensation rather than a voluntary stock purchase.