STOCK TITAN

Director Vellandi awarded 2,500 shares at Strategic Storage (SGST)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Vellandi Alexander S. reported acquisition or exercise transactions in this Form 4 filing.

Strategic Storage Trust VI, Inc. reported that director Alexander S. Vellandi received a grant of 2,500 shares of Class A restricted stock on June 24, 2026 in connection with his reelection to the board of directors. The award vests ratably over four years from the reelection date. Following this grant, Vellandi holds a total of 14,442.20 shares, including previously reported restricted stock and shares tied to a prior one-time stock dividend.

Positive

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Negative

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Insider Vellandi Alexander S.
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 2,500 $0.00 --
Holdings After Transaction: Class A Common Stock — 14,442.2 shares (Direct, null)
Footnotes (1)
  1. The Reporting Person was awarded 2,500 shares of restricted stock upon his reelection to the board of directors, which shares vest ratably over a period of four years from such reelection. Includes (i) 11,250 shares of restricted stock previously reported as being owned by the Reporting Person and (ii) 692.20 shares of Class A Common Stock of the Issuer acquired by the Reporting Person pursuant to a one-time stock dividend paid by the Issuer to the holders of shares of Class A Common Stock, equivalent to approximately 0.11075 shares of Class A Common Stock per share of Class A Common Stock outstanding as of November 15, 2023, which shares will be issued to the Reporting Person in four equal installments beginning in June 2024 and ending in June 2027.
Restricted stock grant 2,500 shares Award to Alexander S. Vellandi on June 24, 2026
Total holdings after transaction 14,442.20 shares Class A Common Stock held following the grant
Previously reported restricted stock 11,250 shares Restricted stock already owned before the new award
Dividend-related shares 692.20 shares From one-time stock dividend to be issued in four installments
Stock dividend ratio 0.11075 shares per share One-time stock dividend per share outstanding as of November 15, 2023
Vesting period 4 years New 2,500-share restricted stock grant vests ratably over four years
restricted stock financial
"The Reporting Person was awarded 2,500 shares of restricted stock upon his reelection to the board of directors"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vest ratably financial
"which shares vest ratably over a period of four years from such reelection"
one-time stock dividend financial
"acquired by the Reporting Person pursuant to a one-time stock dividend paid by the Issuer"
board of directors financial
"upon his reelection to the board of directors, which shares vest ratably"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Class A Common Stock financial
"692.20 shares of Class A Common Stock of the Issuer acquired by the Reporting Person"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Vellandi Alexander S.

(Last)(First)(Middle)
10 TERRACE ROAD

(Street)
LADERA RANCH CALIFORNIA 92694

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Strategic Storage Trust VI, Inc. [ N/A ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/24/2026A2,500(1)A$014,442.2(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The Reporting Person was awarded 2,500 shares of restricted stock upon his reelection to the board of directors, which shares vest ratably over a period of four years from such reelection.
2. Includes (i) 11,250 shares of restricted stock previously reported as being owned by the Reporting Person and (ii) 692.20 shares of Class A Common Stock of the Issuer acquired by the Reporting Person pursuant to a one-time stock dividend paid by the Issuer to the holders of shares of Class A Common Stock, equivalent to approximately 0.11075 shares of Class A Common Stock per share of Class A Common Stock outstanding as of November 15, 2023, which shares will be issued to the Reporting Person in four equal installments beginning in June 2024 and ending in June 2027.
/s/ Alexander S. Vellandi06/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Alexander S. Vellandi receive in this Form 4 for SGST?

Alexander S. Vellandi received a grant of 2,500 shares of Class A restricted stock. The award was made in connection with his reelection to the board and represents stock-based compensation rather than an open-market purchase or sale.

When do Alexander S. Vellandi’s new SGST restricted shares vest?

The 2,500 restricted shares granted to Alexander S. Vellandi vest ratably over four years from his reelection date. This means portions of the award become fully owned each year across the four-year vesting period.

How many SGST shares does Alexander S. Vellandi hold after this transaction?

After the grant, Alexander S. Vellandi holds 14,442.20 shares of Class A Common Stock. This total includes previously reported restricted stock and shares associated with a one-time stock dividend that are scheduled to be issued over time.

What is the one-time SGST stock dividend mentioned in the filing?

The filing notes a one-time stock dividend equivalent to approximately 0.11075 shares of Class A Common Stock per share outstanding as of November 15, 2023. Vellandi is scheduled to receive 692.20 shares from this dividend in four equal installments from June 2024 through June 2027.

Did Alexander S. Vellandi buy or sell SGST shares on the market?

No open-market buy or sell occurred in this transaction. The filing shows a grant of 2,500 restricted shares with a reported price of $0.0000, reflecting compensation rather than a market trade at a negotiated share price.