Public Storage filings document the regulatory disclosures of a self-storage REIT with common shares listed on the New York Stock Exchange and multiple series of preferred and depositary shares. The company’s reports cover material events, operating and financial results, capital-structure disclosures, securities registered under Section 12(b), and debt-related instruments.
Its SEC record also includes proxy materials addressing trustee elections, executive compensation, shareholder voting matters, and governance practices. Form 8-K filings provide event-driven disclosures on dividends, agreements, financing or security matters, and other corporate actions connected to Public Storage’s REIT structure and self-storage operations.
Public Storage director Avedick Baruyr Poladian exercised equity awards into common share equivalents through LTIP-based partnership units. On April 20, 2026, he exercised 1,023.44 LTIP Units and 5,163 AO LTIP Units, representing derivative rights over an aggregate 6,186.44 underlying Common Shares.
The AO LTIP Units had a conversion price of $250.29 per unit and were fully exercised, leaving no AO LTIP Units outstanding. Following the LTIP transaction, he held 4,784.71 LTIP Units, which are structured to convert into OP Units and then into Common Shares or cash at the company’s option, as described in the footnotes.
Public Storage director Ronald L. Havner Jr. reported a bona fide gift of 734 Common Shares on April 14, 2026, transferring them to his trust. The gift was made at a stated price of $0.00 per share and is a non-market transaction.
After the gift, Havner directly holds 6,726.59 Common Shares, including 2,726.59 deferred share units tied to previously granted restricted share units. He also has indirect ownership of 317,787 Common Shares through the Havner Family Trust and 1,900 Common Shares through his spouse’s IRA.
Public Storage director Avedick B. Poladian reported a series of bona fide gift transfers of the company’s common shares. On April 10, 2026, he recorded six gift transactions covering a total of 12,000 shares, including transfers of 2,000 shares to each of three AMMEA trusts where he serves as trustee. Following these changes, he holds 24,163 shares directly, 2,000 shares in each of the three trusts, and 1,000 shares indirectly through an IRA.
Public Storage Operating Company, a subsidiary of Public Storage, completed an offering of $500 million 5.000% Senior Notes due December 15, 2035, guaranteed by Public Storage.
The notes pay 5.000% annual interest, with semi-annual payments each June 15 and December 15, starting June 15, 2026. They are unsecured, unsubordinated obligations ranking equally with PSOC’s other unsecured, unsubordinated debt. Public Storage may redeem the notes at a make-whole price, or at 100% of principal plus accrued interest if redeemed on or after September 15, 2035.
The indenture includes covenants limiting additional secured and unsecured borrowing and major mergers or asset sales, and requires PSOC to maintain total unencumbered assets of at least 125% of total unsecured indebtedness, along with customary events of default.
Public Storage, through its subsidiary Public Storage Operating Company (PSOC), is raising $500 million by issuing senior notes due 2035. The notes will bear interest at an annual rate of 5.000%, be issued at 99.182% of par value, and mature on December 15, 2035. PSOC will pay interest semi-annually on June 15 and December 15, starting June 15, 2026, and the offering is expected to close on April 6, 2026, subject to customary conditions.
PSOC expects to use the net proceeds primarily to repay amounts under its revolving credit facility and for general corporate purposes. These may include investments in self-storage facilities, repayment of other debt and the redemption of outstanding securities. The notes are guaranteed by Public Storage and were offered under an existing shelf registration statement.
Public Storage Operating Company (PSOC) is offering $500,000,000 of 5.000% Senior Notes due December 15, 2035, which are fully and unconditionally guaranteed by Public Storage. Interest is payable semi-annually beginning June 15, 2026. The notes are unsecured, rank equally with PSOC’s unsecured debt and are effectively and structurally subordinated to secured debt and certain subsidiary liabilities. Net proceeds are expected to be approximately $492.7M and are intended to repay borrowings under the $1.5B revolving credit facility and for general corporate purposes, including acquisitions and development. The notes will be issued in book-entry form in minimum denominations of $2,000 and are not intended to be listed on any exchange.
Public Storage director Ronald P. Spogli reported stock-based compensation awards rather than open-market trades. He received 174 LTIP Units tied to Public Storage OP, L.P. and 6.5 common shares as fully vested awards for quarterly retainers and dividend equivalents under the company’s trustee compensation and deferral programs.
After these awards, he holds 4,937.72 LTIP Units and 12,827.92 common shares directly, plus 2,000 common shares held indirectly by a trust. The LTIP Units and deferred share units are designed to convert into common equity or cash under specified conditions, aligning trustee compensation with shareholder interests.
HAVNER RONALD L JR reported acquisition or exercise transactions in this Form 4 filing.
Public Storage director Ronald L. Havner Jr. reported compensation-related equity awards rather than market trades. On March 31, 2026, he received 342 LTIP Units in Public Storage OP, L.P. and 4.6 common shares via fully vested deferred share units (DSUs) valued at $270.88 per share, both under the company’s Non-Management Trustee Compensation and Deferral Program.
After these awards, Havner directly holds 147,699.4 LTIP Units and 7,726.59 common shares, including 2,726.59 DSUs. He also has indirect holdings of 317,053 common shares through a family trust and 1,900 common shares through a spouse IRA.
PETHERBRIDGE LUKE J reported acquisition or exercise transactions in this Form 4 filing.
Public Storage director Luke J. Petherbridge received 128 LTIP Units as equity compensation. These fully vested membership interests in Public Storage OP, L.P. were granted under the company’s Non-Management Trustee Compensation and Deferral Program in lieu of a portion of his quarterly cash retainers, using the closing share price on the grant date to determine the number of units.
The LTIP Units are intended to qualify as profits interests for U.S. federal income tax purposes and are convertible, after certain tax-related allocation conditions are met, into OP Units of Public Storage OP. Those OP Units may then be exchanged by Petherbridge for Public Storage common shares or the cash value of those shares. Following this grant, he holds 336 LTIP Units in total.
Public Storage director Mitra Shankh received 128 common shares as equity compensation. The shares were granted at a reference price of $270.88 per share under the company’s Non-Management Trustee Compensation and Deferral Program.
The grant represents board retainers that Shankh elected to take in stock instead of cash, and brings the director’s direct holdings to 9,024 common shares. This is a routine, compensation-related acquisition rather than an open-market purchase.