STOCK TITAN

Public Storage (NYSE: PSA) adds chief legal officer as reporting insider

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Public Storage (PSA) reported that Samuel Wade Sheek, its Chief Legal Officer, has become a reporting person for the company’s securities. This initial Form 3 filing lists no reportable holdings or transactions in Public Storage stock or derivatives at this time.

Positive

  • None.

Negative

  • None.
Buy transactions reported 0 Buy transactions count in transactionSummary
Sell transactions reported 0 Sell transactions count in transactionSummary
Holding entries reported 0 HoldingEntries in transactionSummary indicating no reported positions
Form 3 regulatory
"This initial Form 3 filing lists no reportable holdings or transactions"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
reporting person regulatory
"has become a reporting person for the company’s securities"
Power of Attorney regulatory
"Remarks reference Exhibit 24 - Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.

FAQ

What does this Form 3 filing mean for Public Storage (PSA)?

The Form 3 shows that Chief Legal Officer Samuel Wade Sheek is now an SEC reporting person for Public Storage securities. It is an initial ownership report and currently lists no transactions or holdings in PSA stock or derivatives.

Did Samuel Wade Sheek report any Public Storage (PSA) trades in this Form 3?

No. The Form 3 indicates zero buy transactions and zero sell transactions. It also shows no derivative exercises, gifts, or restructurings, meaning no trading activity is being reported in this filing.

What position does Samuel Wade Sheek hold at Public Storage (PSA)?

Samuel Wade Sheek is reported as an officer of Public Storage with the title Chief Legal Officer. This status makes him a company insider subject to SEC reporting requirements for his holdings and transactions in PSA securities.

Does this Public Storage (PSA) Form 3 include a Rule 10b5-1 trading plan?

No. The document-level indicator for a Rule 10b5-1 trading plan is null, meaning the filing does not specify whether any plan is in place. It simply registers Samuel Wade Sheek as a reporting person without plan details.

Are there any derivative securities reported for Public Storage (PSA) in this Form 3?

No. The filing’s derivativeSummary is empty and the transaction summary shows zero derivative transactions. This indicates no options or other derivative positions are reported for Samuel Wade Sheek in this initial statement.

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

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Learn about SEC filing dates
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Sheek Samuel Wade

(Last)(First)(Middle)
C/O PUBLIC STORAGE
2811 INTERNET BOULEVARD

(Street)
FRISCO TEXAS 75034

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
08/17/2026
3. Issuer Name and Ticker or Trading Symbol
Public Storage [ PSA ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
Exhibit 24 - Power of Attorney
No securities are beneficially owned.
/s/ Steven C. Babinski, Attorney-in-Fact08/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)