Public Storage (NYSE: PSA) legal chief sells 950 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Public Storage Chief Legal Officer Nathaniel A. Vitan sold 950 Common Shares of the company in an open-market transaction at $324.8101 per share on June 12, 2026. After this sale, he continues to hold 1,414 Common Shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 950 shares ($308,570)
Net Sell
1 txn
Insider
Vitan Nathaniel A.
Role
Chief Legal Officer
Sold
950 shs ($309K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 950 | $324.8101 | $309K |
Holdings After Transaction:
Common Shares — 1,414 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 950 shares
Sale price per share: $324.8101 per share
Shares held after transaction: 1,414 shares
+1 more
4 metrics
Shares sold
950 shares
Open-market sale on June 12, 2026
Sale price per share
$324.8101 per share
Common Shares transaction
Shares held after transaction
1,414 shares
Direct ownership after sale
Transaction code
S
Sale in open market or private transaction
Key Terms
open-market sale, Common Shares, transaction code "S", Form 4
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
transaction code "S" regulatory
"transaction_code: "S" for sale in open market or private transaction"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Public Storage (PSA) report for Nathaniel A. Vitan?
Public Storage reported that Chief Legal Officer Nathaniel A. Vitan executed an open-market sale of 950 Common Shares. The transaction was recorded at a price of $324.8101 per share and left him with 1,414 Common Shares held directly afterward.
Is the Public Storage (PSA) insider transaction a buy or sell action?
The transaction is a sell action. The Form 4 shows Nathaniel A. Vitan, Chief Legal Officer of Public Storage, conducted an open-market sale of 950 Common Shares, coded as an “S” transaction and described as a sale in open market or private transaction.