Public Storage director granted 3,232 stock options
Public Storage director Mitra Shankh received a grant of stock options covering 3,232 common shares.
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Form Type
4
Rhea-AI Filing Summary
Public Storage director Mitra Shankh received a grant of stock options covering 3,232 common shares. The options have an exercise price of $308.98 per share, were awarded at no cost, vest in full one year from the grant date, and expire in 2036. Following this grant, Shankh holds 3,232 stock options directly.
Insider Trade Summary
Grant/Award: 3,232 shares
Grant/Award
1 txn
Insider
Mitra Shankh
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 3,232 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 3,232 contracts (Direct)
Footnotes (1)
- F1. Stock Option granted pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. Option vests in full one (1) year from the grant date.
Key Figures
Stock options granted: 3,232 options
Exercise price: $308.98 per share
Underlying shares: 3,232 common shares
+3 more
6 metrics
Stock options granted
3,232 options
Grant to director Mitra Shankh on May 6, 2026
Exercise price
$308.98 per share
Strike price for the 3,232 stock options
Underlying shares
3,232 common shares
Shares issuable upon exercise of granted options
Total options after grant
3,232 options
Director’s derivative holdings following the reported transaction
Option expiration
May 5, 2036
Expiration date of the granted stock options
Vesting period
1 year from grant
Options vest in full one year after the grant date
Key Terms
Stock Option (Right to Buy), Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan, vesting, exercise price
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan financial
"Stock Option granted pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan."
vesting financial
"Option vests in full one (1) year from the grant date."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
exercise price financial
"conversion_or_exercise_price: 308.9800"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Public Storage (PSA) report for Mitra Shankh?
Public Storage reported that director Mitra Shankh received a grant of 3,232 stock options. These options give the right to buy 3,232 common shares at a fixed exercise price, functioning as part of the director’s equity-based compensation package under the company’s incentive plan.
What is the exercise price of the new Public Storage (PSA) stock options?
The new stock options for Mitra Shankh have an exercise price of $308.98 per share. This is the price at which the director can purchase Public Storage common shares once the options vest and before they expire, assuming the options are in the money.
When do Mitra Shankh’s Public Storage (PSA) stock options vest and expire?
The stock options granted to Mitra Shankh vest in full one year from the grant date. They carry an expiration date in 2036, giving a long exercise window after vesting, provided Shankh remains eligible under the plan’s terms and conditions.
How many Public Storage (PSA) derivative securities does Mitra Shankh hold after this Form 4?
After this grant, Mitra Shankh holds 3,232 stock options as reported. These options represent rights to acquire 3,232 Public Storage common shares at the fixed exercise price, and are held directly according to the ownership information in the filing.
Under which compensation plan were the Public Storage (PSA) options granted to Mitra Shankh?
The options were granted under the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. This plan authorizes equity awards such as stock options to directors and other participants as part of the company’s long-term incentive compensation structure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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