Vander Ploeg Julia 4

What Happened
Julia Vander Ploeg, a director of Extra Space Storage (EXR), was granted 1,407 shares on 2026-05-14 at an imputed price of $142.19 per share, for a total value of $200,061. This transaction is reported as an award/grant (code A) — an acquisition of shares rather than an open-market purchase.

Key Details

• Transaction date and terms: 2026-05-14 — 1,407 shares @ $142.19 each; total value $200,061.
• Transaction type: Award/Grant (code A) — not a sale.
• Vesting: Footnote states the stock awards vest over one year, on the anniversary of the grant date.
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Report filed 2026-05-18, within the typical two-business-day Form 4 filing window.

Context
Director equity awards are a common component of board compensation and typically vest over time to align long-term interests with shareholders. This grant represents a non-cash acquisition of company stock that will convert to fully owned shares as it vests; it should be viewed as a routine comp/retention award rather than an immediate open-market investment.