Form 4: SmartStop Self Storage REIT CFO James R. Barry Reports Changes in Beneficial Ownership

CFO and Treasurer of SmartStop Self Storage REIT, James R. Barry, files Form 4 detailing transactions involving Class A Common Stock and Long-Term Incentive Plan Units.

Summary

• James R. Barry, CFO and Treasurer of SmartStop Self Storage REIT, filed a Form 4 with the SEC.
• The report details changes in beneficial ownership of the company's securities.
• The transactions involve Class A Common Stock and Long-Term Incentive Plan Units (LTIP Units) of SmartStop OP, L.P., the Issuer's operating partnership.
• The reported transactions include the issuance of 19,895 LTIP Units on April 1, 2025, and 9,424 LTIP Units on April 2, 2025.
• The LTIP Units vest ratably over four years commencing on the first anniversary of the issuance, subject to continued employment.
• The report also reflects adjustments due to a one-for-four reverse stock split of Class A Common Stock and a one-for-four reverse unit split of the Operating Partnership's units.
• Barry directly owns 2,775.83 shares of Class A Common Stock.
• Barry directly owns 19,895 LTIP Units issued on 04/01/2025.
• Barry directly owns 9,424 LTIP Units issued on 04/02/2025.
• Barry directly owns 24,569.12 LTIP Units.
• Barry directly owns 19,353.28 LTIP Units.
• Barry directly owns 30,941.5 Class A-1 Units.

Sentiment

Score: 5

Explanation: This is a routine filing of a Form 4, indicating changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, providing transparency to investors.

Stakeholder Impact

• Shareholders are informed about changes in insider ownership, which can influence investor confidence.

Key Dates

Keywords

Form 4, beneficial ownership, LTIP Units, SmartStop Self Storage REIT, James R. Barry, Class A Common Stock, securities