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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): November 11, 2026
Public Storage
(Exact Name of Registrant as Specified in its Charter)
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| Maryland |
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001-33519 |
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93-2834996 |
| (State or other jurisdiction of incorporation) |
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(Commission File Number) |
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(IRS Employer Identification No.) |
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| 2811 Internet Boulevard, Frisco, Texas |
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75304 |
| (Address of principal executive offices) |
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(Zip Code) |
(469) 649-9486
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ |
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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| Title of Class |
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Trading
Symbol |
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Name of each exchange on which registered |
| Common Shares, $0.10 par value |
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PSA |
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New York Stock Exchange |
| Depositary Shares Each Representing 1/1,000 of a 5.150% Cum Pref Share, Series F, $0.01 par value |
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PSAPrF |
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New York Stock Exchange |
| Depositary Shares Each Representing 1/1,000 of a 5.050% Cum Pref Share, Series G, $0.01 par value |
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PSAPrG |
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New York Stock Exchange |
| Depositary Shares Each Representing 1/1,000 of a 5.600% Cum Pref Share, Series H, $0.01 par value |
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PSAPrH |
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New York Stock Exchange |
| Depositary Shares Each Representing 1/1,000 of a 4.875% Cum Pref Share, Series I, $0.01 par value |
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PSAPrI |
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New York Stock Exchange |
| Depositary Shares Each Representing 1/1,000 of a 4.700% Cum Pref Share, Series J, $0.01 par value |
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PSAPrJ |
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New York Stock Exchange |
| Depositary Shares Each Representing 1/1,000 of a 4.750% Cum Pref Share, Series K, $0.01 par value |
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PSAPrK |
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New York Stock Exchange |
| Depositary Shares Each Representing 1/1,000 of a 4.625% Cum Pref Share, Series L, $0.01 par value |
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PSAPrL |
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New York Stock Exchange |
| Depositary Shares Each Representing 1/1,000 of a 4.125% Cum Pref Share, Series M, $0.01 par value |
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PSAPrM |
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New York Stock Exchange |
| Depositary Shares Each Representing 1/1,000 of a 3.875% Cum Pref Share, Series N, $0.01 par value |
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PSAPrN |
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New York Stock Exchange |
| Depositary Shares Each Representing 1/1,000 of a 3.900% Cum Pref Share, Series O, $0.01 par value |
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PSAPrO |
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New York Stock Exchange |
| Depositary Shares Each Representing 1/1,000 of a 4.000% Cum Pref Share, Series P, $0.01 par value |
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PSAPrP |
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New York Stock Exchange |
| Depositary Shares Each Representing 1/1,000 of a 3.950% Cum Pref Share, Series Q, $0.01 par value |
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PSAPrQ |
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New York Stock Exchange |
| Depositary Shares Each Representing 1/1,000 of a 4.000% Cum Pref Share, Series R, $0.01 par value |
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PSAPrR |
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New York Stock Exchange |
| Depositary Shares Each Representing 1/1,000 of a 4.100% Cum Pref Share, Series S, $0.01 par value |
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PSAPrS |
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New York Stock Exchange |
| 6.000% Cumulative Preferred Shares, Series T, $0.01 par value |
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PSAPrT |
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New York Stock Exchange |
| 6.000% Cumulative Preferred Shares, Series U, $0.01 par value |
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PSAPrU |
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New York Stock Exchange |
| Guarantee of 0.875% Senior Notes due 2032 issued by Public Storage Operating Company |
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PSA/32 |
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New York Stock Exchange |
| Guarantee of 0.500% Senior Notes due 2030 issued by Public Storage Operating Company |
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PSA/30 |
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New York Stock Exchange |
| Guarantee of 3.500% Senior Notes due 2034 issued by Public Storage Operating Company |
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PSA/34 |
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New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On November 11, 2026, Public Storage (the “Company”) and Natalia N. Johnson, the Company’s President, Chief Digital & Transformation Officer, agreed that Ms. Johnson will leave the Company, effective January 31, 2027. Ms. Johnson led the transformation of the Company’s digital and operating model, its AI and data science capabilities, its models for customer care, and its human capital strategy, which are a foundation from which the PS NextTM operating platform will strengthen. Ms. Johnson will support the transition and alignment of her areas of responsibility to the Chief Executive Officer, Chief Financial Officer, and other senior leaders.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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PUBLIC STORAGE |
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By: |
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/s/ S. Wade Sheek |
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S. Wade Sheek |
| Date: November 12, 2026 |
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Chief Legal Officer & Corporate Secretary |
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