Vellandi Alexander S. 4
4 · Strategic Storage Trust VI, Inc. · Filed Jun 26, 2026
Research Summary
AI-generated summary of this filing
Strategic Storage Trust VI Director Vellandi Receives 2,500-Share Award
What Happened Vellandi Alexander S., a director of Strategic Storage Trust VI, was granted 2,500 shares of restricted stock on 2026-06-24. The award was reported as an acquisition (code A) at $0.00 per share (no cash paid). These shares vest ratably over a four-year period from the director’s reelection.
Key Details
- Transaction date: 2026-06-24; Form 4 filed: 2026-06-26 (timely filing).
- Transaction type/code: Grant/Award (A); Price: $0.00; Shares granted: 2,500.
- Beneficial ownership after the grant (includes unvested and dividend installments): approximately 14,442.20 shares (2,500 newly awarded + 11,250 previously reported restricted shares + 692.20 shares from a prior one-time stock dividend to be issued in installments).
- Footnote: The 2,500 shares vest ratably over four years from reelection. The 692.20 dividend shares are to be issued in four equal installments from June 2024 through June 2027.
- No indication of a sale or open-market purchase; this is a compensation award, not a market transaction.
Context This was an equity grant tied to board service (common for directors) rather than a purchase or sale. Awards and restricted stock grants are typical compensation and do not by themselves signal the director buying or selling stock in the market.
Insider Transaction Report
Form 4
Vellandi Alexander S.
Director
Transactions
- Award
Class A Common Stock
[F1][F2]2026-06-24+2,500→ 14,442.2 total
Footnotes (2)
- [F1]The Reporting Person was awarded 2,500 shares of restricted stock upon his reelection to the board of directors, which shares vest ratably over a period of four years from such reelection.
- [F2]Includes (i) 11,250 shares of restricted stock previously reported as being owned by the Reporting Person and (ii) 692.20 shares of Class A Common Stock of the Issuer acquired by the Reporting Person pursuant to a one-time stock dividend paid by the Issuer to the holders of shares of Class A Common Stock, equivalent to approximately 0.11075 shares of Class A Common Stock per share of Class A Common Stock outstanding as of November 15, 2023, which shares will be issued to the Reporting Person in four equal installments beginning in June 2024 and ending in June 2027.
Signature
/s/ Alexander S. Vellandi|2026-06-26