Prudential Financial (NYSE: NSA) reports 1.39M NSA shares (1.8%)

Rhea-AI Filing Summary

Prudential Financial, Inc. filed Amendment No. 2 to Schedule 13G/A reporting beneficial ownership of 1,389,580 shares of Common stock of National Storage Affiliates Trust, representing 1.8% of the class.

The filing lists Prudential as a parent holding company and shows indirect holdings through subsidiaries, including Jennison Associates LLC with 1,274,412 shares (1.6%) and several smaller affiliates. The filing is signed by a Prudential officer on 05/08/2026.

Key Figures

Beneficial ownership: 1,389,580 shares Percent of class: 1.8% Jennison Associates holdings: 1,274,412 shares +2 more

5 metrics

Beneficial ownership 1,389,580 shares reported beneficially owned

Percent of class 1.8% percent of class reported in Item 4

Jennison Associates holdings 1,274,412 shares subsidiary holding listed (1.6%)

The Prudential Insurance Co. holdings 62,200 shares subsidiary holding listed (0.1%)

Filing signature date 05/08/2026 signed by Second Vice President

Key Terms

Schedule 13G/A, Parent Holding Company, Beneficially owned, Shared dispositive power

4 terms

Schedule 13G/A regulatory

"Amendment No. 2 to Schedule 13G/A reporting beneficial ownership"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

Parent Holding Company regulatory

"Prudential Financial, Inc. is a Parent Holding Company"

Beneficially owned financial

"Amount beneficially owned: 1,389,580.00"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Shared dispositive power regulatory

"Shared Dispositive Power 1,389,580.00"

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

National Storage Affiliates Trust

(Name of Issuer)

Common

(Title of Class of Securities)

637870106

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 637870106

1

Names of Reporting Persons

PRUDENTIAL FINANCIAL INC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW JERSEY

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,373,251.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,389,580.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,389,580.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.8 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: National Storage Affiliates Trust
(b)	Address of issuer's principal executive offices: 8400 E. PRENTICE AVENUE, 9TH FLOOR, GREENWOOD VILLAGE, COLORADO, 80111.
Item 2.
(a)	Name of person filing: Prudential Financial, Inc.
(b)	Address or principal business office or, if none, residence: 751 Broad Street Newark, New Jersey 07102-3777
(c)	Citizenship: New Jersey
(d)	Title of class of securities: Common
(e)	CUSIP No.: 637870106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1,389,580.00
(b)	Percent of class: 1.8 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 1,373,251.00
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 1,389,580.00
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Prudential Financial, Inc. is a Parent Holding Company and the indirect parent of the following subsidiaries, who are the beneficial owners of the number and percentage of securities which are the subject of this filing as set forth next to their names: Subsidiaries Number of shares Percentage Jennison Associates LLC IA 1,274,412.00 1.6 The Prudential Insurance Company of America IC 62,200.00 0.1 PGIM Quantitative Solutions LLC IA 4,633.00 0.0 PGIM, Inc. IA 48,335.00 0.1
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

PRUDENTIAL FINANCIAL INC

Signature:	/s/ Danny Fiore
Name/Title:	Second Vice President
Date:	05/08/2026

FAQ

What stake does Prudential hold in National Storage Affiliates Trust (NSA)?

Prudential reports beneficial ownership of 1,389,580 shares (1.8%). The Schedule 13G/A lists shared voting power of 1,373,251 and shared dispositive power of 1,389,580 across Prudential and its subsidiaries.

Which Prudential subsidiaries hold NSA shares and in what amounts?

Jennison Associates LLC holds 1,274,412 shares (1.6%). The Prudential Insurance Company of America holds 62,200 shares (0.1%), PGIM, Inc. holds 48,335 shares (0.1%), and PGIM Quantitative Solutions LLC holds 4,633 shares.

Is Prudential a parent holding company in this filing for NSA?

Yes. The filing states Prudential Financial, Inc. is a Parent Holding Company and reports the indirect beneficial ownership held by named subsidiaries, with amounts and percentages shown next to each subsidiary.

Does the Schedule 13G/A indicate sole voting or dispositive power for Prudential?

No sole power is reported. Item 4 shows zero shares with sole voting or sole dispositive power; reported powers are shared: shared voting power is 1,373,251 and shared dispositive power is 1,389,580.

When was the Schedule 13G/A signed and what amendment number is this filing?

This is Amendment No. 2, signed on 05/08/2026. The cover data shows the issuer CUSIP and indicates the amendment number and signature date on the filing excerpt provided.