Form 4: Extra Space Storage Executive Sells Shares and Updates Holdings

William N. Springer, an executive at Extra Space Storage, disposed of 180 shares of common stock and updated his holdings, including those held indirectly through a 401(k) plan.

Summary

• William N. Springer, EVP, Chief S & P Officer at Extra Space Storage Inc., reported a transaction involving the company's common stock.
• On November 12, 2024, Mr. Springer disposed of 180 shares of common stock at a price of $0.
• Following this transaction, Mr. Springer directly owns 11,739 shares of common stock.
• He also indirectly owns 1,202 shares through a 401(k) plan.
• The information regarding the 401(k) plan is based on data as of February 14, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine stock transaction by an executive. It does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity and is common for executives of publicly traded companies. It provides transparency into the transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The reporting of both direct and indirect holdings, including those in a 401(k) plan, is typical for these filings.
• The transaction is a relatively small sale of 180 shares, which is not unusual for executive stock transactions.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a small sale by an executive.

Key Dates

Keywords

Extra Space Storage, EXR, insider trading, stock sale, Form 4, executive, share disposal, 401k, William N. Springer