Public Storage 4

Trustee Paul S. Williams received an equity compensation award of 46 deferred share units of Public Storage common shares, valued at roughly $14,600.

On 2026-06-30, Public Storage trustee Paul S. Williams received a grant of 46 fully vested deferred share units (DSUs) under the company’s Non-Management Trustee Compensation and Deferral Program, representing the portion of his quarterly cash retainers he elected to take in equity based on the company’s closing share price of approximately $318.31 on the grant date, bringing his total DSU holdings to 1,478 units. These DSUs, each equivalent to one common share, are deferred compensation that will be settled in unrestricted common shares following his separation as a trustee, or earlier upon death, disability, or change of control, and are viewed as routine director compensation rather than an open-market purchase or sale. Using the Form 4 grant price as a proxy, the grant is worth about $14,600 and his total DSU holdings are worth roughly $470,000 based on the most recent trading levels.

Filing Facts

CIK

1393311

Ticker

PSA

Form

4

Source Type

sec

Accession

0001236458-26-000010

Alert Tier

5