Welcome to our dedicated page for Public Storage SEC filings (Ticker: PSA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Public Storage (NYSE: PSA) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Public Storage is an S&P 500 real estate investment trust that primarily acquires, develops, owns, and operates self-storage facilities and reports under Commission File Number 001-33519.
Through its Forms 8-K, Public Storage reports material events and operating updates, including quarterly and year-to-date financial results, acquisitions of self-storage facilities, development and expansion activity, and changes in its Board of Trustees. These filings often include reconciliations from net income to Funds from Operations (FFO) and Core FFO, as well as detailed Same Store Facilities operating metrics such as occupancy and annual contract rent per occupied square foot.
Filings also document capital markets transactions. Public Storage Operating Company, a subsidiary of Public Storage, issues unsecured senior notes that are guaranteed by the company. Related 8-K filings describe underwriting agreements, interest rates, maturities, covenants, and the intended use of proceeds, such as repaying existing notes and funding acquisitions or general corporate purposes. Other filings list the company’s common shares, multiple series of cumulative preferred shares represented by depositary shares, and guarantees of senior notes, all registered and traded on the New York Stock Exchange.
On this page, Stock Titan enhances PSA’s SEC filings with AI-powered summaries that explain the significance of each document in clear language. Real-time updates from EDGAR allow users to review new 8-Ks and other filings as they are posted, while AI highlights key figures, capital structure changes, and portfolio developments. Investors can also use this page to reference historical filings for context on Public Storage’s self-storage operations, financing strategy, and dividend-related disclosures.
Public Storage (PSA) reported higher Q3 results. Revenue rose to $1.224 billion from $1.188 billion, driven by steady self-storage operations ($1.139 billion) and stronger ancillary revenue ($85 million). Net income increased to $515 million from $433 million. Net income allocable to common shareholders was $461 million, with diluted EPS of $2.62 versus $2.16 a year ago.
Year-to-date, revenue reached $3.608 billion, but net income was $1.287 billion versus $1.466 billion last year, largely reflecting a higher foreign currency exchange loss tied to Euro-denominated notes. Interest expense was $223 million for the nine months, while the company remained within note covenants.
PSA expanded its footprint by acquiring 74 facilities for $814.6 million and opened developed/redeveloped space costing $268.8 million. Notes payable were $10.04 billion, including June issuance of $875 million in U.S. dollar notes (4.375% due 2030; 5.000% due 2035). Subsequent to quarter-end, PSA issued €425 million of 3.500% notes due 2034, agreed to acquire 12 facilities for $119.9 million, and declared a $3.00 quarterly dividend (about $527 million). Common shares outstanding were 175,463,014 as of October 22, 2025.
Public Storage furnished an Item 2.02 Form 8‑K announcing its financial results for the quarter ended September 30, 2025. The company provided the full details in an earnings press release attached as Exhibit 99.1, dated October 29, 2025.
The information under Item 2.02 and Exhibit 99.1 is designated as furnished, not filed, which limits its incorporation by reference and related liabilities under the Exchange Act. The filing also lists the company’s common and preferred depositary share listings, along with guarantees of certain senior notes.
Ronald P. Spogli, a Director of Public Storage (PSA), reported grants on 09/30/2025. He was granted 5.97 DSUs valued at $288.85 each, representing 12,814.72 common shares following the transaction (which includes 2,651.72 DSUs). He also received 148 LTIP Units representing 148 underlying common shares, with 4,599.72 common shares reported as beneficially owned following the LTIP grant. The DSUs are fully vested and will be settled in unrestricted common shares upon certain separation, death, disability, or change of control events; dividend equivalents on DSUs are issued as additional DSUs. The LTIP Units are membership interests in a subsidiary and are convertible into OP Units and then into common shares or cash, subject to tax conditions.
John Reyes, a director of Public Storage (PSA), received a grant of 115 fully-vested deferred share units (DSUs) on 09/30/2025 under the company’s Non-Management Trustee Compensation and Deferral Program. Each DSU represents the right to one common share and will be settled in unrestricted common shares upon the director’s separation, death, disability, or an earlier change of control. The grant used the company’s closing share price on the grant date of $288.85. After the reported transaction the filing shows 3,063 DSUs beneficially owned directly and 154,685 shares held indirectly through the Reyes Trust.
Luke J. Petherbridge, a director of Public Storage (PSA), was granted 80 LTIP Units on 09/30/2025 under the companys Non-Management Trustee Compensation and Deferral Program. The LTIP Units are fully vested on grant and are economic interests in Public Storage OP, L.P., intended to qualify as profits interests for U.S. federal tax purposes. Subject to tax-related conversion conditions, LTIP Units convert into OP Units that may be exchanged for common shares or the cash equivalent, using the companys closing share price on the grant date to determine unit quantity. The Form 4 was signed by an attorney-in-fact on 10/02/2025.
Mitra Shankh, a director of Public Storage (PSA), received 115 unrestricted common shares on 09/30/2025 under the company's Non-Management Trustee Compensation and Deferral Program within the 2021 Equity and Performance-Based Incentive Compensation Plan. The shares were issued as the share-equivalent of cash retainers the reporting person elected to receive in stock; the grant used the company closing price on the grant date at $288.85 per share. After the transaction the reporting person directly beneficially owned 8,768 shares. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 10/02/2025.
Ronald L. Havner Jr., a Public Storage (PSA) director, reported equity compensation transactions dated 09/30/2025. The filing discloses grants of fully vested deferred share units (DSUs) issued in lieu of dividend equivalents and grants of fully vested LTIP Units under the company’s 2021 Equity and Performance-Based Incentive Compensation Plan. The DSUs are settled in unrestricted common shares upon separation, death, disability, or a change of control and will accrue additional DSUs as dividend equivalents. The report shows an LTIP grant of 321 units and a closing share price used of $288.85. The filing also lists beneficial ownership: 317,053 shares held indirectly by a trust and 1,900 shares held indirectly by spouse IRA, with 147,000.4 LTIP-related units/shares noted as held following the transactions.
Public Storage announced that its subsidiary, Public Storage Operating Company (PSOC), has agreed to sell €425 million of senior notes due 2034. The notes will be issued by PSOC, guaranteed by Public Storage, carry a 3.500% annual interest rate, be priced at 99.447% of par, and mature on January 20, 2034.
The sale is being conducted under an existing shelf registration on Form S-3, with a preliminary prospectus supplement filed under Rule 424(b)(5). The offering is expected to close on October 3, 2025, subject to customary closing conditions. PSOC plans to use the net proceeds to repay €242 million of its 2.175% senior notes due November 2025 and for general corporate purposes, including investments in self-storage facilities, repayment of debt and potential redemption of outstanding securities.
Public Storage (PSA) presents a prospectus supplement for debt securities that describes its scale, capital structure and material terms for the notes. The company reports ownership interests in 3,103 self-storage facilities (approximately 224.1 million net rentable square feet) and 1.0 million square feet of commercial/retail space as of June 30, 2025, and managed 329 third-party facilities (≈25.4 million square feet). Public Storage Operating Company (PSOC) had $1.6 million secured indebtedness, €1.9 billion of Euro-denominated unsecured debt and $8.6 billion of U.S. dollar unsecured debt at June 30, 2025; as of Sept 22, 2025 PSOC had no borrowings under its $1.5 billion revolver but had $19.9 million of undrawn standby letters of credit. Notes may be redeemed on or after Oct 20, 2033 at 100% of principal plus accrued interest. PSOC must maintain total unencumbered assets of at least 125% of its total unsecured indebtedness (subject to exceptions). The prospectus also summarizes withholding and U.S./non-U.S. tax rules, REIT qualification risks and customary market-making and registration information.
Public Storage (PSA) is presented as the largest owner of U.S. self-storage facilities with a broad national footprint. At June 30, 2025, the company owned interests in 3,103 self-storage facilities totaling approximately 224.1 million net rentable square feet and 1.0 million net rentable square feet of commercial/retail space; it also managed 329 facilities (about 25.4 million net rentable square feet) for third parties. Public Storage Operating Company (PSOC) had approximately $1.6 million of secured indebtedness, $1.9 billion of Euro-denominated unsecured indebtedness and $8.6 billion of U.S. Dollar-denominated unsecured indebtedness outstanding on a consolidated basis. As of September 22, 2025 PSOC had no outstanding borrowings under its $1.5 billion revolving credit facility but had undrawn standby letters of credit totaling $19.9 million. PSOC must maintain total unencumbered assets of at least 125% of its total unsecured indebtedness (subject to exceptions). The prospectus supplement also details redemption mechanics for notes and extensive U.S. federal tax and withholding rules affecting U.S. and non-U.S. holders.
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