Public Storage names new chief legal officer
Public Storage appointed S. Wade Sheek as Chief Legal Officer and Corporate Secretary, effective August 17, 2026.
Rhea-AI Filing Summary
Public Storage appointed S. Wade Sheek as Chief Legal Officer and Corporate Secretary, effective August 17, 2026. He previously served as Senior Vice President, Chief Legal Officer and Secretary of Herc Holdings, Inc. Mr. Sheek will succeed Nathaniel A. Vitan, who currently holds these roles.
Mr. Vitan will remain employed as a senior advisor until October 1, 2026 to support an orderly transition of responsibilities. The company is organized in Maryland with principal executive offices at 2811 Internet Boulevard, Frisco, Texas 75304, and lists common shares and multiple series of cumulative preferred shares and senior note guarantees on the New York Stock Exchange.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Effective date of new CLO: August 17, 2026
Advisor role end date: October 1, 2026
5.150% Cum Pref Share, Series F: 5.150%
+5 more
8 metrics
Effective date of new CLO
August 17, 2026
Date S. Wade Sheek becomes Chief Legal Officer and Corporate Secretary
Advisor role end date
October 1, 2026
Date through which Nathaniel A. Vitan will serve as senior advisor
5.150% Cum Pref Share, Series F
5.150%
Dividend rate on cumulative preferred shares, Series F, $0.01 par value
4.875% Cum Pref Share, Series I
4.875%
Dividend rate on cumulative preferred shares, Series I, $0.01 par value
6.000% Cum Pref Shares, Series T
6.000%
Dividend rate on cumulative preferred shares, Series T, par value $0.01 per share
0.875% Senior Notes due 2032
0.875%
Coupon on senior notes due 2032 guaranteed by Public Storage
0.500% Senior Notes due 2030
0.500%
Coupon on senior notes due 2030 guaranteed by Public Storage
3.500% Senior Notes due 2034
3.500%
Coupon on senior notes due 2034 guaranteed by Public Storage
Key Terms
Cumulative Preferred Shares, Depositary Shares, Senior Notes due 2032, principal executive offices, +1 more
5 terms
Senior Notes due 2032 financial
"Guarantee of 0.875% Senior Notes due 2032 issued by Public Storage Operating Company"
principal executive offices regulatory
"2811 Internet Boulevard , Frisco , Texas | | 75304 (Address of principal executive offices)"
emerging growth company regulatory
"Emerging growth company On August 4, 2026, Public Storage"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What executive change did Public Storage (PSA) announce on August 4, 2026?
Public Storage appointed S. Wade Sheek as Chief Legal Officer and Corporate Secretary, effective August 17, 2026. He will replace Nathaniel A. Vitan, who will remain as a senior advisor until October 1, 2026.
What is S. Wade Sheek’s background before joining Public Storage (PSA)?
Before joining Public Storage, S. Wade Sheek served as Senior Vice President, Chief Legal Officer and Secretary of Herc Holdings, Inc.. His prior role suggests significant public-company legal and corporate governance experience.
What role will Nathaniel A. Vitan have at Public Storage (PSA) after the transition?
After the transition, Nathaniel A. Vitan will serve as a senior advisor at Public Storage until October 1, 2026, helping facilitate the handover of Chief Legal Officer and Corporate Secretary duties to Mr. Sheek.
Where is Public Storage (PSA) headquartered and incorporated?
Public Storage is incorporated in Maryland and its principal executive offices are located at 2811 Internet Boulevard, Frisco, Texas 75304. The company’s listed telephone number is (469) 649-9486.
Which key securities of Public Storage (PSA) are listed on the NYSE?
Public Storage lists Common Shares, $0.10 par value, and multiple cumulative preferred share series, plus guarantees of senior notes due 2030, 2032 and 2034, all traded on the New York Stock Exchange under various symbols such as PSA and PSAPrF–PSAPrU.
When does S. Wade Sheek’s appointment at Public Storage (PSA) become effective?
The appointment of S. Wade Sheek as Chief Legal Officer and Corporate Secretary becomes effective on August 17, 2026. Until then, Nathaniel A. Vitan continues in the role and then transitions to a senior advisor position.
AI-generated analysis. How Rhea-AI works. Not financial advice.
