CubeSmart: CEO Marr Christopher P received 83 shares

What happened

• Marr Christopher P, CEO and director, received 83 phantom shares (derivative) on Oct 15, 2026, at $38.56 per share, for a total value of $3,200. The transaction is reported as an award/grant (code A).

Key details

• Transaction date and code: Oct 15, 2026; code A (award/grant).
• Price and value: $38.56 per share; total $3,200.
• Shares owned after the transaction: not reported in the filing.
• Footnote: the phantom shares were acquired through reinvestment of dividend equivalents under the CubeSmart Trust Executive Deferred Compensation Plan, amended and restated Jan 1, 2007; they are payable in cash on a one-for-one basis after the reporting person ceases employment. The reporting person may elect to transfer these phantom shares by reallocating his deemed investment option, with transfers effected on the first business day of the calendar quarter following the election.
• Filing date and timeliness: filed on Oct 16, 2026; the filing does not indicate it was late.

Why it may matter

• This was an award of phantom shares under a deferred compensation plan via dividend reinvestment, not an open-market purchase or sale.
• Transaction code A indicates an award/grant of derivative securities.
• A filing does not show why the insider traded or why the company acted.