Dickens Zachary T 4

What Happened Zachary T. Dickens, EVP and Chief Investment Officer of Extra Space Storage (EXR), had 164 shares disposed/withheld to satisfy tax withholding related to the settlement of vested restricted stock. The shares were valued at $147.29 each for a total of $24,156. This was a tax-withholding disposition (code F), not an open-market sale or a new purchase.

Key Details

• Transaction date: 2026-07-01; filing date: 2026-07-02 (timely filing).
• Price per share: $147.29; total value of shares withheld: $24,156.
• Shares withheld/disposed: 164 (tax withholding to cover tax liability).
• Shares owned after transaction: not specified in the filing.
• Footnote: shares were withheld by the issuer to pay tax liabilities from vested restricted stock awards. Restricted awards vest 25% annually over four years, beginning on the first anniversary of the grant (Footnote F1).
• Transaction code F = tax withholding; this is routine and does not necessarily indicate a change in sentiment.

Context Withholding shares to cover taxes is a common administrative action when restricted stock vests (a cashless settlement). It is different from a voluntary sale and generally reflects tax obligations rather than a deliberate investment decision.