[8-K] SmartStop Self Storage REIT, Inc. Reports Material Event

Rhea-AI Filing Summary

SmartStop Self Storage REIT, Inc. released operating metrics for its same-store self-storage facilities under a Regulation FD disclosure. Physical occupancy was 92.3% as of March 31, 2026 versus 93.0% a year earlier, and 92.6% as of April 30, 2026 versus 93.0% a year earlier.

Monthly web rates were $1.04 as of March 31, 2026 compared with $1.07 a year before, and $1.03 as of April 30, 2026 compared with $1.13 a year earlier. Monthly move-in rates were $0.91 as of March 31, 2026 versus $0.95 a year earlier, and $0.92 as of April 30, 2026 versus $0.99 a year earlier.

Monthly in-place rates increased to $1.65 as of March 31 and April 30, 2026 from $1.62 on the same dates in 2025, indicating slightly higher average rents on occupied units even as occupancy and new customer pricing softened.

Insights

Real estate and REIT analyst

SMA shows slightly lower occupancy and entry pricing, but slightly higher in-place rents.

SmartStop Self Storage REIT reported modest year-over-year declines in same-store occupancy and customer-facing web and move-in rates. These figures suggest a somewhat more competitive or softer demand environment for new leases during March and April 2026.

At the same time, monthly in-place rates rose to $1.65 from $1.62, meaning existing tenants on average are paying a bit more. This mix of softer new-tenant pricing and higher in-place rents is typical when operators prioritize keeping units filled while still growing revenue from established customers.

Because this is a narrow operational snapshot without broader financials or guidance, it is best viewed as routine disclosure of property-level trends rather than a thesis-changing update. Subsequent company filings may provide a fuller picture of how these metrics translate into revenue and earnings.

8-K Event Classification

Item 7.01 — Regulation FD Disclosure

1 item

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Understanding 8-K Material Events →

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 12, 2026

SmartStop Self Storage REIT, Inc.

(Exact name of Registrant as Specified in Its Charter)

Maryland			001-42584	46-1722812
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
10 Terrace Road
Ladera Ranch, California				92694
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: (866) 418-5144

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.001 par value		SMA		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation FD Disclosure.

On May 12, 2026, SmartStop Self Storage REIT, Inc. (the “Company”) provided the following metrics for the Company’s same-store facilities (stabilized and comparable properties that have been included in the consolidated results of operations since January 1, 2025, excluding four other properties):

•Physical occupancy as of:

oMarch 31, 2026 and March 31, 2025 was 92.3% and 93.0%, respectively; and

oApril 30, 2026 and April 30, 2025 was 92.6% and 93.0%, respectively.

•Monthly web rates as of:

oMarch 31, 2026 and March 31, 2025 was $1.04 and $1.07, respectively; and

oApril 30, 2026 and April 30, 2025 was $1.03 and $1.13, respectively.

•Monthly move-in rates as of:

oMarch 31, 2026 and March 31, 2025 was $0.91 and $0.95, respectively; and

oApril 30, 2026 and April 30, 2025 was $0.92 and $0.99, respectively.

•Monthly in-place rates as of:

oMarch 31, 2026 and March 31, 2025 was $1.65 and $1.62, respectively; and

oApril 30, 2026 and April 30, 2025 was $1.65 and $1.62, respectively.

Pursuant to the rules and regulations of the Securities and Exchange Commission, the information in this Item 7.01 disclosure is deemed to have been furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Such information shall not be incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			SmartStop Self Storage REIT, Inc.
Date:	May 12, 2026	By:	/s/ James R. Barry
			Chief Financial Officer and Treasurer

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