Norman Jeffrey Jay 4

What Happened

• Norman Jeffrey Jay, Executive Vice President and Chief Financial Officer of Extra Space Storage (EXR), had 375 shares withheld by the company on April 1, 2026 to satisfy tax withholding on vested restricted stock. The shares were valued at $132.49 each, for a total of $49,684. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date and price: April 1, 2026 — 375 shares at $132.49 each.
• Total value: $49,684 (value of shares withheld to cover taxes).
• Transaction code: F — shares withheld by issuer to pay tax liability.
• Footnote: The withholding relates to vested restricted stock awards that vest 25% annually over four years beginning on the first anniversary of the grant.
• Filing: Form 4 filed April 3, 2026 (appears timely; no late filing indicated).
• Shares owned after transaction: Not specified in the provided filing details.

Context

• This was a routine tax-withholding transaction tied to the vesting of restricted stock, not a discretionary sale or a market purchase. Such withholdings are common when restricted awards vest and do not necessarily indicate any change in the insider’s market view.