Extra Space Storage Inc. filings document the disclosure record of a Maryland REIT whose common stock trades on the New York Stock Exchange under EXR. The company reports results for its self-storage portfolio through Form 8-K earnings releases, including GAAP results, FFO, Core FFO, same-store revenues, operating expenses and net operating income.
Regulatory filings also cover proxy governance, director and executive compensation matters, officer appointments and capital-structure disclosures. Recent material-event reports describe agreements and obligations at Extra Space Storage LP, including credit facilities, public senior note offerings, indenture supplements and guarantees by the company and affiliated guarantors.
Extra Space Storage Inc. (EXR) filing of Form 144 notifies the market of a proposed sale of 7,500 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $1,057,050. The securities were acquired as restricted stock awards on 02/22/2023, and the approximate date of sale is listed as 10/01/2025. The filing shows 212,253,611 shares outstanding for the issuer. No securities were reported sold in the past three months. The filer affirms they are not aware of undisclosed material adverse information.
William N. Springer, EVP, Chief S & P Officer of Extra Space Storage Inc. (EXR), reported a single transaction dated 09/11/2025. The filing shows a non-derivative disposition of 295 shares of Common Stock on that date under transaction code G at a reported price of $0. After the reported transaction, Mr. Springer is shown as directly owning 19,725 shares. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 09/15/2025. The filing provides name and address details for the reporting person and confirms this is a Form filed by one reporting person.
William N. Springer, EVP, Chief S & P Officer of Extra Space Storage Inc. (EXR), reported a single transaction dated 09/11/2025. The filing shows a non-derivative disposition of 295 shares of Common Stock on that date under transaction code G at a reported price of $0. After the reported transaction, Mr. Springer is shown as directly owning 19,725 shares. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 09/15/2025. The filing provides name and address details for the reporting person and confirms this is a Form filed by one reporting person.
Extra Space Storage, Inc. disclosed key terms of a Credit Agreement for its Operating Partnership that set specific leverage and coverage requirements and identify participating lenders and sales agents. The agreement requires total indebtedness to asset value not to exceed 60% (up to 65% temporarily after a material acquisition); secured debt to asset value not to exceed 40%; adjusted EBITDA to fixed charges of at least 1.50x; and unsecured debt to unencumbered asset value not to exceed 60% (up to 65% temporarily after a material acquisition).
The Credit Agreement contains standard events of default including payment defaults, covenant breaches, cross-defaults and bankruptcy defaults, and allows acceleration of all outstanding amounts if a default persists. The filing also identifies multiple banks and securities firms as lenders and equity sales agents, and notes that the full Credit Agreement is filed as an exhibit and governs the complete terms.
Extra Space Storage LP, a subsidiary of Extra Space Storage Inc., completed an underwritten public offering of $800,000,000 aggregate principal amount of 4.950% Senior Notes due January 15, 2033. The Notes are the Issuer's senior unsecured obligations and are fully and unconditionally guaranteed by the Company, ESS Holdings Business Trust I and ESS Holdings Business Trust II.
The public offering price was 99.739% of principal. Interest accrues at 4.950% per annum, payable each January 15 and July 15 beginning January 15, 2026. The Notes rank equally with other senior unsecured indebtedness but are effectively subordinated to mortgage and other secured indebtedness and to indebtedness of the Issuer's subsidiaries and equity-method entities. The Indenture includes covenants limiting additional indebtedness and requiring a pool of unencumbered assets, and permits issuer redemptions with a make-whole premium (100% redemption price applies on or after November 15, 2032). The Indenture, supplemental indenture, form of Notes and legal opinions are filed as exhibits.
Extra Space Storage LP, the operating partnership of Extra Space Storage Inc. (NYSE: EXR), has filed a Rule 424(b)(5) preliminary prospectus to market a new series of senior unsecured notes due 20--, fully and unconditionally guaranteed by the parent and two holding trusts. Size, coupon and maturity are still placeholders, but the notes will pay interest semi-annually, carry an issuer make-whole call prior to the par-call date and be redeemable at par thereafter. The securities rank pari-passu with the partnership’s existing US-$8.6 bn senior unsecured notes and are structurally subordinated to US-$1.1 bn secured notes, US-$1.9 bn term loans, US-$700 m commercial paper and subsidiary liabilities.
Estimated net proceeds of “$--- m” will be used to pay down the US-$2.0 bn unsecured revolver (US-$655 m drawn at 5.27 %), the US-$140 m secured revolver (US-$21 m drawn at 5.74 %) and outstanding CP, with any remainder earmarked for acquisitions and general corporate purposes. Key indenture covenants restrict: (i) total debt ≤60 % of total assets; (ii) secured debt ≤40 % of total assets; (iii) EBITDA/interest ≥1.5×; and (iv) unencumbered assets ≥150 % of unsecured debt. There is no change-of-control put and no exchange listing is planned, leaving liquidity to the dealer market. As of 30 Jun 2025, EXR controlled or managed 4,179 self-storage facilities and held a 95.6 % OP interest.