Global Self Storage (SELF) CEO receives new performance-based stock awards
Rhea-AI Filing Summary
Global Self Storage, Inc. reported that President and CEO Mark Campbell Winmill received two stock awards of Common Stock, each for 12,672 shares, on March 24, 2026. These are classified as grant or award acquisitions rather than open-market purchases.
One grant was earned based on achieving certain 2025 performance targets and will vest 6.25% quarterly over four years, applied retroactively from 2025. The second grant will be earned based on 2026 performance targets and will also vest 6.25% quarterly over four years, retroactive from 2026. Winmill has voting and dividend rights on all awarded shares, including unvested shares, and his direct holdings after these awards total 364,582.289 shares of Common Stock.
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Insights
CEO received performance-linked stock awards that increase equity exposure but reflect routine compensation rather than open-market buying.
President and CEO Mark Campbell Winmill was granted two awards of 12,672 Common Stock shares each as compensation tied to 2025 and 2026 performance targets. These awards are coded as acquisitions under a grant or award, not discretionary market purchases.
The shares vest gradually at 6.25% per quarter over four years, with vesting schedules applied retroactively to the respective performance years. However, the CEO already holds voting and dividend rights on all of these shares, including those not yet vested, which aligns his interests with shareholders. Following the awards, his direct holdings total 364,582.289 shares, indicating a sizable ongoing equity stake.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,672 | $5.08 | $64K |
| Grant/Award | Common Stock | 12,672 | $5.10 | $65K |
Footnotes (1)
- Shares earned based on achieving certain 2025 performance targets. The shares will vest 6.25% quarterly retroactively from 2025 over a four year period. The Reporting Person has voting and dividend rights on all of these shares, including unvested shares. Shares will be earned based upon achieving certain 2026 performance targets, then will vest 6.25% quarterly retroactively from 2026 over a four year period. The Reporting Person has dividend and voting rights on all of these shares, including unvested shares.
FAQ
What did Global Self Storage (SELF) disclose about CEO Mark Winmill’s recent stock awards?
How are Global Self Storage (SELF) CEO stock awards linked to 2025 and 2026 performance?
What is the vesting schedule for the Global Self Storage (SELF) CEO’s new stock awards?