Strategic Storage Trust VI, Inc.·4

Jun 26, 12:43 PM ET

Vellandi Alexander S. 4

Research Summary

AI-generated summary

Updated

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.