Form 4: Extra Space Storage Executive Springer N. William Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


William N. Springer, EVP, Chief S & P Officer of Extra Space Storage Inc., reports disposition of shares to cover tax obligations and holdings in a 401(k) plan.

Summary

  • On February 18, 2025, William N. Springer, EVP, Chief S & P Officer of Extra Space Storage Inc., disposed of 63 shares of common stock to cover tax liabilities.
  • The transaction was executed at a price of $154.92 per share.
  • Following the transaction, Springer directly owns 11,676 shares of Extra Space Storage Inc.
  • Springer also indirectly owns 1,202 shares through a 401(k) plan, based on plan information as of February 14, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to insider trading. It doesn't convey any particularly positive or negative sentiment about the company's performance or prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares by an executive to cover tax obligations.

Key Dates

DateDescription
February 14, 2024Date of plan information for 401(k) holdings.
February 18, 2025Date of stock transaction (disposal of shares).
February 19, 2025Date of signature for the report.

Keywords

Form 4, Extra Space Storage Inc., EXR, Insider Trading, Stock Transaction, Beneficial Ownership, Springer William N, EVP, Chief S & P Officer

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