UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

____________________

FORM 8-K

____________________

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

~~OF THE~~ SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): ~~May 6~~June 1, 2026

~~PUBLIC STORAGE~~ ____________________

~~(Exact~~Public ~~name of registrant as specified in its charter)~~Storage

Maryland		001-33519		93-2834996
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

(Exact Name of Registrant as Specified in its Charter)

2811 Internet Boulevard
Frisco, Texas		75034
(Address of principal executive offices)		(Zip Code)

____________________


Maryland	001-33519	93-2834996
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)


2811 Internet Boulevard, Frisco, Texas			75304
(Address of Principal Executive Offices)			(Zip Code)

(469) 649-9486

(Registrant’'s telephone number, including area code)

~~Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:~~N/A

☐(Former ~~Written~~name ~~communication~~or ~~pursuant~~former toaddress, ~~Rule~~if ~~425~~changed ~~under~~since ~~the~~last ~~Securities Act (17 CFR 230.425~~report)

~~☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)~~____________________

☐Check ~~Pre~~the appropriate box below if the Form 8-~~commencement~~K ~~communications~~is ~~pursuant~~intended to ~~Rule~~simultaneously ~~14d-2(b)~~satisfy ~~under~~the filing obligation of the ~~Exchange~~registrant ~~Act~~under ~~(17~~any ~~CFR~~of ~~240.14d-2(b))~~the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Class

~~Trading Symbol~~

~~Name of exchange on which registered~~

Trading Symbol

Name of exchange on which registered

Common Shares, $0.10 par value

~~PSA~~

~~New York Stock Exchange~~

PSA

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 5.150% Cum Pref Share, Series F, $0.01 par value

PSAPrF

New York Stock Exchange

Depositary Shares, Each Representing 1/1,000 of a 5.150% Cum Pref Share, Series F, $0.01 par value

PSAPrF

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 5.050% Cum Pref Share, Series G, $0.01 par value

PSAPrG

New York Stock Exchange

Depositary Shares, Each Representing 1/1,000 of a 5.050% Cum Pref Share, Series G, $0.01 par value

PSAPrG

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 5.600% Cum Pref Share, Series H, $0.01 par value

PSAPrH

New York Stock Exchange

Depositary Shares, Each Representing 1/1,000 of a 5.600% Cum Pref Share, Series H, $0.01 par value

PSAPrH

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 4.875% Cum Pref Share, Series I, $0.01 par value

PSAPrI

New York Stock Exchange

Depositary Shares, Each Representing 1/1,000 of a 4.875% Cum Pref Share, Series I, $0.01 par value

PSAPrI

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 4.700% Cum Pref Share, Series J, $0.01 par value

PSAPrJ

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 4.750% Cum Pref Share, Series K, $0.01 par value

PSAPrK

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 4.625% Cum Pref Share, Series L, $0.01 par value

PSAPrL

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 4.125% Cum Pref Share, Series M, $0.01 par value

PSAPrM

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 3.875% Cum Pref Share, Series N, $0.01 par value

PSAPrN

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 3.900% Cum Pref Share, Series O, $0.01 par value

PSAPrO

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 4.000% Cum Pref Share, Series P, $0.01 par value

PSAPrP

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 3.950% Cum Pref Share, Series Q, $0.01 par value

PSAPrQ

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 4.000% Cum Pref Share, Series R, $0.01 par value

PSAPrR

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 4.100% Cum Pref Share, Series S, $0.01 par value

PSAPrS

New York Stock Exchange

Guarantee of 0.875% Senior Notes due 2032 issued by Public Storage Operating Company

PSA/32

New York Stock Exchange

Guarantee of 0.500% Senior Notes due 2030 issued by Public Storage Operating Company

PSA/30

New York Stock Exchange

Guarantee of 3.500% Senior Notes due 2034 issued by Public Storage Operating Company

PSA/34

New York Stock Exchange

Depositary Shares, Each Representing 1/1,000 of a 4.700% Cum Pref Share, Series J, $0.01 par value

PSAPrJ

New York Stock Exchange

Depositary Shares, Each Representing 1/1,000 of a 4.750% Cum Pref Share, Series K, $0.01 par value

PSAPrK

New York Stock Exchange

Depositary Shares, Each Representing 1/1,000 of a 4.625% Cum Pref Share, Series L, $0.01 par value

PSAPrL

New York Stock Exchange

Depositary Shares, Each Representing 1/1,000 of a 4.125% Cum Pref Share, Series M, $0.01 par value

PSAPrM

New York Stock Exchange

Depositary Shares, Each Representing 1/1,000 of a 3.875% Cum Pref Share, Series N, $0.01 par value

PSAPrN

New York Stock Exchange

Depositary Shares, Each Representing 1/1,000 of a 3.900% Cum Pref Share, Series O, $0.01 par value

PSAPrO

New York Stock Exchange

Depositary Shares, Each Representing 1/1,000 of a 4.000% Cum Pref Share, Series P, $0.01 par value

PSAPrP

New York Stock Exchange

Depositary Shares, Each Representing 1/1,000 of a 3.950% Cum Pref Share, Series Q, $0.01 par value

PSAPrQ

New York Stock Exchange

Depositary Shares, Each Representing 1/1,000 of a 4.000% Cum Pref Share, Series R, $0.01 par value

PSAPrR

New York Stock Exchange

Depositary Shares, Each Representing 1/1,000 of a 4.100% Cum Pref Share, Series S, $0.01 par value

PSAPrS

New York Stock Exchange

Guarantee of 0.875% Senior Notes due 2032 issued by Public Storage Operating Company

PSA/32

New York Stock Exchange

Guarantee of 0.500% Senior Notes due 2030 issued by Public Storage Operating Company

PSA/30

New York Stock Exchange

Guarantee of 3.500% Senior Notes due 2034 issued by Public Storage Operating Company

PSA/34

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 57.0701Regulation ~~Submission~~FD ~~of Matters to a Vote of Security Holders~~Disclosure.

On ~~May~~June 61, 2026, Public Storage (the “Company”) ~~held~~posted ~~its~~on ~~2026~~the ~~Annual~~Investor ~~Meeting~~Relations section of ~~Shareholders~~its website a presentation (the “~~Annual~~Investor ~~Meeting~~Presentation”). ~~Three~~it ~~proposals~~intends ~~were submitted~~ to ~~the~~use ~~Company’s shareholders for a vote~~ at ~~the~~an ~~Annual~~upcoming ~~Meeting.~~investor conference.

~~The~~Item ~~three proposals are described in detail in the Company’s proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on March 27, 2026~~8.01Other ~~The final results for the votes for each proposal are set forth below~~Events.

1. The ~~shareholders~~Investor ~~elected~~Presentation ~~twelve~~includes ~~trustees to~~ the ~~Board~~following ofoperating ~~Trustees~~update tofor ~~hold office until~~ the ~~2027~~periods ~~Annual~~from ~~Meeting~~April of1 ~~Shareholders~~through orMay ~~until~~28, ~~their~~2026 ~~successors are duly qualified~~ and ~~elected~~2025. ~~The votes for each nominee were as follows:~~

Name	Votes For	Votes Against	Abstain	Broker Non-Votes
Shankh S. Mitra	119,776,622	38,269,586	602,176	5,685,946
H. Thomas Boyle	157,834,132	387,152	427,100	5,685,946
Tamara Hughes Gustavson	155,288,212	2,935,549	424,623	5,685,946
Ronald L. Havner, Jr.	154,723,194	3,486,377	438,813	5,685,946
Maria R. Hawthorne	155,152,627	2,865,615	630,142	5,685,946
Rebecca Owen	155,529,729	2,489,593	629,062	5,685,946
Luke Petherbridge	156,581,640	1,637,709	429,035	5,685,946
Kristy M. Pipes	151,715,145	6,508,371	424,868	5,685,946
Avedick B. Poladian	148,849,890	9,365,973	432,521	5,685,946
Tariq M. Shaukat	155,984,647	2,234,570	429,167	5,685,946
Ronald P. Spogli	153,037,264	5,178,852	432,268	5,685,946
Paul S. Williams	155,260,513	2,755,506	632,365	5,685,946

Same Store Facilities Operating Update (a)

2. The shareholders approved the advisory vote to approve the compensation of named executive officers as follows:


	Period Ended May 28,
		2026		2025		Change (b)

		(Amounts in thousands, except for per square foot amounts)

Customers moving in during the period:
Average annual contract rent per square foot (c)		$	13.10	$	13.13	(0.2)%

Customers moving out during the period:
Average annual contract rent per square foot (c)		$	18.98	$	19.79	(4.1)%

Same Store Churn (d)		16.4%		19.6%		(3.2)%


Weighted average square foot occupancy for the period		92.2%		92.1%		0.1%

Votes For		Votes Against		Abstain		Broker Non-Votes
153,511,123		4,450,802		686,459		5,685,946

Please see “Analysis of Same Store Revenue” under “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2026 for further information with respect to the various factors that affect the Company’s revenues.

3. (a)The ~~shareholders~~Same ~~ratified~~Store ~~the~~Facilities ~~appointment~~consist of ~~Ernst~~2,755 &facilities ~~Young~~(192.1 ~~LLP~~million asnet ~~the~~rentable ~~Company’s~~square ~~independent~~feet) ~~registered~~that ~~public~~have ~~accounting~~been ~~firm~~owned ~~for~~and ~~the~~operated ~~year~~on ~~ending~~a ~~December~~stabilized ~~31,~~basis ~~2026~~since asJanuary 1, ~~follows:~~2024.

Votes For		Votes Against		Abstain		Broker Non-Votes
153,317,363		10,957,104		59,863		—

(b)Represents the absolute nominal change with respect to same store churn and square foot occupancy, and the percentage change with respect to all other items.

~~Item~~(c)Annual 8contract rent represents the agreed upon monthly rate that is paid by the Company’s customers in place at the time of measurement.01 ~~Other~~Contract ~~Events~~rates are initially set in the lease agreement upon move-in and the Company adjusts them from time to time with notice. Contract rent excludes other fees that are charged on a per-item basis, such as late charges and administrative fees, does not reflect the impact of promotional discounts, and does not reflect the impact of rents that are written off as uncollectible.

~~Subsequent~~(d)Churn tois ~~the~~defined ~~Annual~~as ~~Meeting,~~units moved out during the ~~Board~~period, ofdivided ~~Trustees~~by ~~approved~~starting ~~the~~occupied ~~following~~units ~~committee~~at ~~assignments,~~the ~~effective~~beginning ~~May 6,~~of ~~2026:~~the period.

~~Audit~~Forward-Looking Committee Compensation and Human Capital Committee Nominating, Governance and Sustainability Committee Luke Petherbridge (Chair) Avedick B. Poladian (Chair) Kristy M. Pipes (Chair) Maria R. Hawthorne Rebecca Owen Maria R. Hawthorne Kristy M. Pipes Ronald P. Spogli Rebecca Owen Avedick B. Poladian Paul S. Williams Paul S. Williams Tariq M. ShaukatStatements

~~Additionally~~This Current Report on Form 8-K, including the ~~Board~~sections of ~~Trustees~~the reCompany’s Quarterly Report on Form 10-~~appointed~~Q Mrfor the period ended March 31, 2026 filed with the Securities and Exchange Commission (the “SEC”) on April 27, 2026 that are referenced herein, contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this Form ~~Mitra~~8-K, toother ~~serve~~than asstatements of historical fact, are forward-looking statements, which may be identified by the ~~Chairman~~use of the ~~Board~~words of“outlook,” ~~Trustees~~“guidance,” “expects,” “believes,” “anticipates,” “should,” “estimates,” and similar expressions. These forward-looking statements involve known and unknown risks and uncertainties, which may cause actual events to be materially different from those expressed or implied in the forward-looking statements. Factors and risks that may impact future results and performance include, but are not limited to, those described in Part 1, Item 1A, “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC on February 12, 2026 and in the Company’s other filings with the SEC.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the ~~registrant~~Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	PUBLIC STORAGE	~~PUBLIC STORAGE~~
		/s/ Nathaniel A. Vitan
	By:	/s/ Joseph D. Fisher
		Nathaniel A. Vitan
Date: June 1, 2026		Joseph D. Fisher President and Chief Financial Officer(Principal Financial Officer)
Date: May 11, 2026		Chief Legal Officer & Corporate Secretary

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