National Storage Affiliates Trust (NSA) investor Long Pond reports exit from stake

Rhea-AI Filing Summary

National Storage Affiliates Trust is the subject of an amended ownership report by Long Pond Capital, LP, Long Pond Capital GP, LLC, and John Khoury. The filing states that these reporting persons now beneficially own 0 shares of National Storage Affiliates Trust common stock, representing 0% of the class. They report no sole or shared voting power and no sole or shared dispositive power over any shares. The filing confirms that their holdings are now within the category of ownership of 5 percent or less of the class.

Key Figures

Amount beneficially owned: 0 shares Percent of class: 0% Sole voting power: 0 +3 more

6 metrics

Amount beneficially owned 0 shares Common Stock, reported under Item 4(a)

Percent of class 0% Ownership percentage of National Storage Affiliates Trust common stock

Sole voting power 0 Number of shares with sole power to vote or direct the vote

Shared voting power 0 Number of shares with shared power to vote or direct the vote

Sole dispositive power 0 Number of shares with sole power to dispose or direct disposition

Shared dispositive power 0 Number of shares with shared power to dispose or direct disposition

Key Terms

beneficially owned, dispositive power, percent of class, Ownership of 5 percent or less of a class, +1 more

5 terms

beneficially owned financial

"Item 4. | Ownership (a) | Amount beneficially owned: 0"

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.

dispositive power financial

"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 0.00"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

percent of class financial

"Item 4. | Ownership (b) | Percent of class: 0%"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

Ownership of 5 percent or less of a class regulatory

"Item 5. | Ownership of 5 Percent or Less of a Class."

investment manager financial

"Certain funds to which Long Pond LP serves as investment manager have the right"

FAQ

What did Long Pond Capital report in its amended ownership filing for NSA?

Long Pond Capital and related reporting persons reported 0 shares beneficially owned of National Storage Affiliates Trust common stock, representing 0% of the class. They also reported no voting or dispositive power over any NSA shares.

Does Long Pond Capital still own more than 5% of NSA common stock?

No. The filing states a percent of class of 0%, and explicitly categorizes the position as ownership of 5 percent or less of a class, indicating Long Pond Capital is no longer a 5% holder of NSA.

Who are the reporting persons in the NSA Schedule 13G/A filing?

The reporting persons are Long Pond Capital, LP, Long Pond Capital GP, LLC, and John Khoury. Long Pond LP and Long Pond LLC are organized in Delaware, and Mr. Khoury is identified as the principal of Long Pond LP and a Canadian citizen.

What voting and dispositive power over NSA shares did Long Pond report?

The filing reports 0 shares with sole voting power, 0 shares with shared voting power, 0 shares with sole dispositive power, and 0 shares with shared dispositive power. This indicates no reported control over any NSA shares.

Where is Long Pond Capital’s principal business office, according to the NSA filing?

The principal business office for the reporting persons is listed as 527 Madison Avenue, 15th Floor, New York, NY 10022. This address applies to Long Pond Capital, LP, Long Pond Capital GP, LLC, and John Khoury in the ownership report for NSA.

Who signed the NSA ownership report on behalf of the reporting persons?

The report is signed by John Khoury as an Authorized Person for Long Pond Capital, LP and Long Pond Capital GP, LLC, and also by John Khoury as Self, all dated 08/13/2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/13/2026 - 05:02 PM Accepted by SEC EDGAR 08/13/2026 - 05:02 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

National Storage Affiliates Trust

(Name of Issuer)

Common Stock, $0.01 par value

(Title of Class of Securities)

637870106

(CUSIP Number)

06/30/2026

(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

Long Pond Capital, LP

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

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0 %

12

Type of Reporting Person (See Instructions)

IA, PN

SCHEDULE 13G

CUSIP Number(s): 637870106

1

Names of Reporting Persons

Long Pond Capital GP, LLC

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

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0 %

12

Type of Reporting Person (See Instructions)

HC, OO

SCHEDULE 13G

CUSIP Number(s): 637870106

1

Names of Reporting Persons

John Khoury

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 BRUNSWICK, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0 %

12

Type of Reporting Person (See Instructions)

HC, IN

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, CO, 80111
Item 2.
(a)	Name of person filing: Long Pond Capital, LP ("Long Pond LP") Long Pond Capital GP, LLC ("Long Pond LLC") John Khoury ("Mr. Khoury")
(b)	Address or principal business office or, if none, residence: 527 Madison Avenue, 15th Floor, New York, NY 10022
(c)	Citizenship: Long Pond LP is a limited partnership organized under the laws of the State of Delaware. Long Pond LLC is a limited liability company organized under the laws of the State of Delaware. Mr. Khoury is the principal of Long Pond LP and is a Canadian citizen.
(d)	Title of class of securities: Common Stock, $0.01 par value
(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: 0
(b)	Percent of class: 0%
(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: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
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.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Certain funds to which Long Pond LP serves as investment manager have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
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.

Long Pond Capital, LP

Signature:	John Khoury
Name/Title:	John Khoury | Authorized Person
Date:	08/13/2026

Long Pond Capital GP, LLC

Signature:	John Khoury
Name/Title:	John Khoury | Authorized Person
Date:	08/13/2026

John Khoury

Signature:	John Khoury
Name/Title:	John Khoury | Self
Date:	08/13/2026