Bonner Joseph J 4

What Happened
Joseph J. Bonner, a director of Extra Space Storage, was granted 1,407 shares as a stock award on May 14, 2026. The award is reported at a grant price of $142.19 per share, with a total grant value of approximately $200,061. This filing reflects an award/acquisition (Form 4 code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-14; filing date: 2026-05-18 (filed within the standard 2-business-day Form 4 deadline).
• Grant price: $142.19 per share; total value ≈ $200,061.
• Shares granted: 1,407 common shares.
• Shares owned after transaction: not specified in the provided filing details.
• Transaction code: A (award/grant).
• Footnote: F1 — stock awards vest over one year on the anniversary of the grant date.

Context
This was a compensatory stock award to a board director, not a market purchase or sale. Because the shares vest over a year, they are subject to future vesting and do not represent immediately liquid stock available to the insider. Stock awards are common as director compensation and should be interpreted as part of pay, not necessarily a direct signal of trading sentiment.