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BCS

Changes in Beneficial Ownership · 4

Public Storage

PSANYSEEQUITYCurrent

Changes in Beneficial Ownership

Filed Oct 7, 2026Accepted Oct 7, 2026, 12:46 PM EDTFiling CIK 1393311Accession 0001227384-26-000021
Share

Structured filing — 4

wk-form4_1791391612.xml

Open full document ↗

Filing details

Report period
2026-10-06
Issuer
Public Storage
Issuer CIK
0001393311
Trading symbol
PSA

Reporting owner 1

Name
HAVNER RONALD L JR
Reporting owner CIK
0001227384
Relationship
Director
Address
C/O PUBLIC STORAGE, 2811 INTERNET BOULEVARD, FRISCO, TX, 75034

Non-derivative transactions

Non-derivative transactions · 1 reported row
SecurityTransaction dateCodeAmountA / DPrice (USD)Owned afterOwnership
Common Shares2026-10-06A · Form 44.45[F1]A285.856,734.99[F2]D
Table key
A · Form 4
Acquisition by grant, award or otherwise under Rule 16b-3(d)
A
Acquired
D
Direct

Non-derivative holdings

Non-derivative holdings · 2 reported rows
SecurityAmount ownedOwnershipNature of ownership
Common Shares317,787IBy Trust[F3]
Common Shares1,900IBy Spouse IRA
Table key
I
Indirect

Footnotes

F1
Grant of fully-vested deferred share units (DSUs) in lieu of dividend equivalents pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash dividend equivalents paid on DSUs for the applicable calendar quarter Mr. Havner has elected to be paid in DSUs, divided by the Company's closing share price on the grant date. The DSUs will be settled in unrestricted common shares (i) in a lump sum upon Mr. Havner's separation from service as a trustee or (ii) in a lump sum upon Mr. Havner's earlier death or disability or upon an earlier change of control of the Company. In accordance with Mr. Havner's election, dividend equivalents paid on these DSUs will be issued as additional DSUs.↩ 1
F2
Includes 2,734.99 DSUs. Mr. Havner postponed receipt of 10,000 vested restricted share units granted February 19, 2015 with an original vesting date of April 1, 2016 in accordance with the following schedule: 10 equal installments over 10 years starting April 1, 2021 to April 1, 2030. 4,000 remain subject to deferred receipt and are also included here.↩ 1
F3
Ronald L. Havner and LeeAnn R. Havner, Trustee of Havner Family Trust.↩ 1

Signature 1

Signed
/s/ Tom Boyle, Attorney-in-Fact
Date
2026-10-07

Company context

Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At September 30, 2026, we: (i) owned and/or operated 4,764 self-storage facilities with approximately 339 million net rentable square feet located in 42 states, Puerto Rico and Canada and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 338 self-storage facilities located in seven Western European countries with approximately 19 million net rentable square feet operated under the Shurgard® brand. Our headquarters are located in Frisco, Texas.

Current securities

Historical securities (19)

Recent company filings

  1. Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet ArrangementNov 6, 2026
  2. Entry into a Material Definitive AgreementOct 30, 2026
  3. FWP - filed by Public Storage regarding Public StorageOct 29, 2026
  4. 10-Q filingOct 26, 2026
  5. Results of Operations and Financial ConditionOct 26, 2026

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