Director at Extra Space Storage (NYSE: EXR) granted 1,407 shares in stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PITTMAN RAYMOND J reported acquisition or exercise transactions in this Form 4 filing.
Extra Space Storage Inc. director Raymond J. Pittman received a stock award of 1,407 shares of common stock on May 14, 2026. The award was granted at a reported value of $142.19 per share as compensation, not an open-market purchase.
Following this grant, Pittman directly holds 1,407 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, meaning the director earns full ownership gradually during that period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PITTMAN RAYMOND J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,407 | $142.19 | $200K |
Holdings After Transaction:
Common Stock — 1,407 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock award shares: 1,407 shares
Grant value per share: $142.19 per share
Shares held after grant: 1,407 shares
+1 more
4 metrics
Stock award shares
1,407 shares
Common stock granted on May 14, 2026
Grant value per share
$142.19 per share
Reported price for the stock award
Shares held after grant
1,407 shares
Total direct holdings following the transaction
Vesting period
One year
Vests over one year from grant anniversary
Key Terms
Grant, award, or other acquisition, Common Stock, Stock awards vest over one year
3 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Stock awards vest over one year financial
"Stock awards vest over one year on the anniversary of the grant date"
FAQ
What did Extra Space Storage (EXR) director Raymond J. Pittman report on this Form 4?
Raymond J. Pittman reported receiving a stock award of 1,407 Extra Space Storage common shares. The filing shows this as a compensation-related grant, not a market purchase, and it increases his direct holdings to 1,407 shares after the transaction.
At what price was the Extra Space Storage (EXR) stock award to Raymond J. Pittman valued?
The reported value for the stock award is $142.19 per share. This price is typically used for accounting and disclosure purposes and does not represent an open-market purchase by the director on that date.
Is Raymond J. Pittman’s Extra Space Storage (EXR) Form 4 transaction a buy or a grant?
The transaction is classified as a grant or award acquisition, not a market buy. The Form 4 uses transaction code “A,” indicating stock was awarded as compensation rather than purchased on the open market.