Form 4: Extra Space Storage EVP & COO Matthew Herrington Reports Stock Transaction
SEC Form 4 Filing
Matthew Herrington, EVP & COO of Extra Space Storage Inc., reports the disposal of 71 shares of common stock to cover tax liabilities related to vested restricted stock awards.
Summary
- On June 3, 2024, Matthew Herrington, the EVP & COO of Extra Space Storage Inc., disposed of 71 shares of common stock.
- The transaction was executed to cover tax liabilities arising from the settlement of vested restricted stock awards.
- The price per share was $144.77.
- Following the transaction, Herrington directly owns 10,597 shares of Extra Space Storage Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to executive compensation and tax obligations, with no inherent positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of executive compensation and ownership transparency in publicly traded companies. This filing indicates a standard transaction related to the vesting of restricted stock and the associated tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of stock transaction (disposal of shares). |
| 06/04/2024 | Date of signature for the report. |
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