Norman Jeffrey Jay 4

What Happened

Executive VP and CFO Norman Jeffrey Jay had 105 shares withheld by Extra Space Storage to satisfy tax withholding related to the settlement of vested restricted stock awards. The withholding occurred on Feb 2, 2026 at an implied value of $137.97 per share, totaling roughly $14,487. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-02-02; filing date: 2026-02-03 (timely filing).
• Shares withheld/disposed: 105 shares at $137.97 per share; total ≈ $14,487.
• Transaction code: F (payment of exercise price or tax liability via share withholding).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: Withheld shares were used to pay the tax liability from vested restricted stock awards. Those awards vest 25% annually over four years beginning on the first anniversary of the grant.

Context

This is a routine tax-withholding transaction tied to RSU vesting — the company withheld shares to cover taxes rather than the insider selling shares on the open market. Such withholdings are common and generally do not signal a change in the insider’s view of the company.