Form 4: Extra Space Storage Director Kenneth Woolley Exercises Stock Options and Sells Shares
SEC Form 4
Director Kenneth M. Woolley exercised stock options and sold shares of Extra Space Storage Inc. on September 13, 2024.
Summary
- On September 13, 2024, Kenneth M. Woolley, a director of Extra Space Storage Inc., engaged in transactions involving the company's common stock.
- Woolley exercised stock options to acquire 1,582 shares at $65.36 and 5,065 shares at $85.99.
- Simultaneously, Woolley sold 1,582 shares and 5,065 shares at $177.23 each.
- Following these transactions, Woolley directly owns 404,306 shares of Extra Space Storage Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions and provides transparency to the market regarding the trading activities of company directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal given the volume of shares traded relative to the company's total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/24/2015 | Grant date for stock options that vest 25% annually over four years, beginning on the first anniversary of the grant date. |
| 02/22/2016 | Grant date for stock options that vest 25% annually over four years, beginning on the first anniversary of the grant date. |
| 09/13/2024 | Date of transaction: exercising stock options and selling shares. |
| 09/16/2024 | Date of signature by Attorney-in-Fact. |
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