Strategic Storage Trust VI, Inc.·4

Jun 26, 12:47 PM ET

Muzzy Stephen G 4

Research Summary

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Strategic Storage Trust VI Director Stephen G. Muzzy Receives Award

What Happened

  • Stephen G. Muzzy, a director of Strategic Storage Trust VI, was granted 2,500 shares of restricted stock on June 24, 2026. The shares were awarded at $0.00 (no cash paid) and will vest ratably over four years from his reelection date. This is an award/grant (transaction code A), part of board compensation rather than an open-market purchase or sale.

Key Details

  • Transaction date and price: 2026-06-24, 2,500 shares @ $0.00 (total $0).
  • Filing date: Form 4 filed 2026-06-26 (appears timely).
  • Shares owned after transaction: reporting shows inclusion of 11,250 previously reported restricted shares and 692.20 Class A shares from a one-time stock dividend, implying beneficial ownership of 14,442.20 shares (11,250 + 692.20 + 2,500).
  • Vesting/issuance notes:
    • The new 2,500 restricted shares vest ratably over four years from reelection (per footnote).
    • The 692.20 dividend shares arise from a one-time stock dividend (~0.11075 shares per share outstanding as of Nov 15, 2023) and will be issued to the reporting person in four equal installments between June 2024 and June 2027.
  • Transaction type: Award/Grant (A). No 10b5-1 plan, tax withholding, or late-filing flags were reported.

Context

  • Restricted stock awards are a form of compensation for directors and generally reflect standard governance/compensation practices rather than an immediate signal of buy/sell intent. These shares vest over time, aligning director incentives with shareholder interests.