{"filings":[{"id":2163396,"accession_number":"0001193125-26-342525","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-08-10T20:36:04+00:00","items":["5.02"],"status":"ready","headline":"Public Storage appoints S. Wade Sheek as Chief Legal Officer and Corporate Secretary","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["S. Wade Sheek appointed Chief Legal Officer and Corporate Secretary, effective August 17, 2026.","Sheek previously served as Senior Vice President, Chief Legal Officer and Secretary of Herc Holdings, Inc.","He replaces Nathaniel A. Vitan, who stays as senior advisor until October 1, 2026 for transition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1940641,"accession_number":"0001628280-26-050608","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-07-29T20:07:48+00:00","items":["2.02","9.01"],"status":"ready","headline":"Public Storage Q2 net income $2.55/share, raises FY2026 guidance; closes NSA merger, agrees to buy PS Canada","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net income per share $2.55, up 44.9% YoY; Core FFO per share $4.17, down 2.6% YoY.","Same-store revenue declined 0.6% YoY; average occupancy 92.5% vs 92.3% prior year.","Raised FY2026 Core FFO guidance to $16.75-$17.05 per share from $16.35-$17.00.","Closed NSA all-stock merger on July 22; portfolio now over 4,500 locations, 327M sq ft.","Agreed to acquire PS Canada for $1.2B (68 properties, 5.3M sq ft); expected close Q3 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1804916,"accession_number":"0001193125-26-312563","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-07-22T21:17:28+00:00","items":["1.01","2.01","2.03","3.02","3.03","5.03","7.01","9.01"],"status":"ready","headline":"Public Storage closes acquisition of National Storage Affiliates Trust; issues ~11.2M common shares","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["NSA common shareholders received 0.14 PSA common share per NSA share; total ~11.2M PSA common shares issued.","Public Storage issued ~9.6M Series T and ~5.7M Series U preferred shares to former NSA preferred holders.","Joint venture formed with legacy NSA OP holders owning 80% of 313 properties valued at ~$3.2B; PSA manages and earns fees.","JV obtained ~$2B mortgage from Goldman Sachs/Wells Fargo and $237M mezzanine from PSA; mortgage matures Aug 2027.","PSA expects $110-130M run-rate synergies over 3-4 years and FFO accretion of $0.35-0.50 per share within first year."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1748676,"accession_number":"0001193125-26-308951","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-07-20T20:20:56+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Public Storage subsidiary issues $900M in senior notes; special redemption tied to NSA deal","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["PSOC issued $400M 4.700% Senior Notes due 2032 and $500M 5.150% Senior Notes due 2036.","Notes are unsecured, unsubordinated obligations of PSOC, guaranteed by Public Storage.","Special mandatory redemption at 101% if NSA Acquisition not closed by Dec 16, 2026 or abandoned.","Interest payable semi-annually; 2032 Notes mature Feb 1, 2032; 2036 Notes mature Aug 15, 2036.","Offering completed July 20, 2026 under shelf registration statement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1591321,"accession_number":"0001193125-26-301175","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-07-10T23:54:27+00:00","items":["1.01","9.01"],"status":"ready","headline":"Public Storage issues $900M senior notes to fund National Storage Affiliates Trust acquisition","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$400M 4.700% notes due 2032 at 99.283%; $500M 5.150% notes due 2036 at 98.553%.","Notes issued by PSOC, guaranteed by Public Storage; expected close July 20, 2026.","Net proceeds to partly finance pending acquisition of National Storage Affiliates Trust.","Underwriters include Goldman Sachs & Co. LLC and Wells Fargo Securities, LLC."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1500116,"accession_number":"0001193125-26-297556","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-07-07T20:40:24+00:00","items":["5.02"],"status":"ready","headline":"Public Storage COO Chris Sambar resigns to join T-Mobile; operations team to report to CEO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Chris Sambar resigns as COO effective end of July 2026 to become Chief Enterprise Officer at T-Mobile.","Resignation not related to any disagreement with Public Storage on operations, policies, or practices.","Operations leadership team will report directly to CEO Tom Boyle until a permanent replacement is identified.","Company cites deep bench of operational leaders and PS4.0 strategic vision for continuity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1276637,"accession_number":"0001193125-26-282750","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-06-25T20:06:00+00:00","items":["1.01","1.02","2.03","7.01","9.01"],"status":"ready","headline":"Public Storage closes $3.0B revolver, $500M term loan, establishes $1.0B commercial paper program","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolver upsized from $1.5B to $3.0B; matures June 25, 2030 with extension options.","New $500M delayed draw term loan facility available through Dec 22, 2026; matures June 25, 2031.","New $1.0B unsecured commercial paper program, fully backstopped by revolver capacity.","Interest rate on revolver reduced 15 bps to SOFR + 0.650% based on current credit ratings.","Accordion feature allows up to $2B additional commitments subject to lender approval."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1195916,"accession_number":"0001193125-26-277592","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-06-22T20:34:11+00:00","items":["3.02","7.01","9.01"],"status":"ready","headline":"Public Storage acquires PS Canada for ~$1.2B, enters Canadian self-storage market","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Deal valued at ~$1.2B USD ($1.67B CAD): $889M in OP units (2.76M units at $321.98/ea) plus $310M cash.","Earn-out of up to $288M in OP units at $375/unit contingent on NOI targets over 5 years.","Portfolio of 68 properties (5.3M sq ft) in Toronto, Vancouver, Montreal, Calgary, Ottawa; current occupancy 83.1%.","Acquired off-market via ROFO/ROFR from Tamara Hughes Gustavson and family; expected close 2H 2026.","Going-in NOI yield in high-5’s; high-single-digit NOI growth expected from PS Next platform implementation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":758800,"accession_number":"0001628280-26-039263","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-06-01T10:01:44+00:00","items":["7.01","8.01"],"status":"ready","headline":"Public Storage reports operating update: same-store occupancy 92.2%, churn improves to 16.4%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Same-store portfolio of 2,755 facilities (192.1M sq ft): occupancy 92.2% vs 92.1% YoY.","Move-in average annual rent $13.10/sq ft (-0.2% YoY); move-out rent $18.98/sq ft (-4.1% YoY).","Same-store churn improved to 16.4% from 19.6% YoY, a 3.2 percentage point decline.","Data covers April 1 – May 28, 2026 vs 2025; presented at investor conference."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92588,"accession_number":"0001193125-26-215591","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-05-11T23:59:59+00:00","items":["5.07","8.01"],"status":"ready","headline":"Shankh Mitra re-elected as chairman with 24% against votes; all proposals pass","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Trustee Shankh Mitra received 119.8M for, 38.3M against (24% withhold); he remains Chairman.","Advisory say-on-pay passed with 153.5M for (96.8% of votes cast).","Ernst & Young ratified as auditor for FY2026 with 153.3M for, 11.0M against.","Board committees appointed: Audit (Petherbridge chair), Compensation (Poladian chair), Nominating (Pipes chair).","All twelve trustee nominees elected; 5.7M broker non-votes on each."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92587,"accession_number":"0001628280-26-027484","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-04-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Public Storage Q1 Core FFO $4.22, net income $2.71; reaffirms FY guidance; CEO Tom Boyle appointed","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 Core FFO $4.22/share (up 2.4% YoY); net income $2.71/share (up 32.8%).","Same-store NOI margin 77.1% (up 0.4%); revenue $1.00B flat YoY; occupancy 91.5%.","Reaffirmed FY2026 Core FFO guidance $16.35-$17.00/share; same-store NOI growth (3.9)% to (0.5)%.","Tom Boyle appointed CEO and trustee effective April 1, 2026; Shank Mitra appointed Chairman.","Completed $500M 5.00% senior notes due 2035; used proceeds to repay $325M credit line."],"consensus_eps_estimate":null,"consensus_eps_actual":2.71,"consensus_revenue_estimate":null,"consensus_revenue_actual":1217741000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92586,"accession_number":"0001193125-26-143776","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-04-06T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Public Storage closes $500M offering of 5.000% senior notes due 2035","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["PSOC issued $500M 5.000% senior notes maturing Dec 15, 2035; guaranteed by Public Storage.","Interest payable semi-annually starting June 15, 2026; notes are unsecured and unsubordinated.","Covenants limit secured/unsecured debt and require unencumbered assets ≥125% of unsecured debt.","Notes redeemable at make-whole price, or at par after Sep 15, 2035."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92585,"accession_number":"0001193125-26-140334","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-04-02T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Public Storage subsidiary prices $500M 5.000% senior notes due 2035","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$500M aggregate principal, 5.000% interest, issued at 99.182% of par, due Dec 15, 2035.","Interest payable semi-annually starting June 15, 2026; offering expected to close April 6, 2026.","Proceeds to repay revolving credit facility and for general corporate purposes, including investments.","Notes issued by PSOC, guaranteed by Public Storage; joint book-runners BofA Securities and J.P. Morgan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103535,"accession_number":"0001193125-26-109593","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-03-17T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Public Storage to acquire National Storage Affiliates Trust; NSA shares get 0.1400 PSA shares","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["NSA common shareholders to receive 0.1400 PSA common shares per share in stock-for-stock merger.","NSA preferred shares converted into new PSA preferred shares with materially identical terms.","Termination fee of $201,966,000 payable by NSA if it terminates for a superior proposal.","Dropdown JV to hold $3.2B of NSA assets with $2.2B debt; 80% owned by NSA limited partners.","Merger subject to NSA shareholder vote, regulatory approvals, S-4 effectiveness; target close by Dec 16, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103534,"accession_number":"0001193125-26-107159","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-03-16T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Public Storage to acquire National Storage Affiliates in $10.5B all-stock deal","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["All-stock transaction: NSA shareholders receive 0.14 PSA shares per NSA share, valued at $41.68 per NSA share.","Enterprise value ~$10.5B; combined pro forma equity market cap ~$57B, total EV ~$77B.","Public Storage to wholly own 488 NSA properties; new JV (80% NSA OP unitholders, 20% PSA) holds 313 properties.","Joint venture capitalized with $2.2B secured debt; PSA provides $240M mezzanine loan; ~70% leverage.","Transaction unanimously approved by both boards; expected close Q3 2026, subject to NSA equity holder approval."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103533,"accession_number":"0001628280-26-012969","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-03-02T23:59:59+00:00","items":["7.01","8.01"],"status":"ready","headline":"Public Storage Feb 2026 same-store occupancy 91.7%, move-in rents down 4.7% YoY","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Same-store (2,755 properties) occupancy 91.7% vs 90.6% a year ago (+1.1ppts).","Move-in annual contract rent per sq ft $11.93, down 4.7% YoY; contract rents gained from move-ins $36.9M (-10.2%).","Move-out annual contract rent per sq ft $19.55, down 2.3%; contract rents lost $53.5M (-7.6%).","Annualized contract rent per occupied sq ft $22.13, essentially flat (-0.1% YoY).","Promotional discounts on move-ins fell 16% to $9.2M, indicating less discounting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103532,"accession_number":"0001628280-26-007684","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-02-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Public Storage Q4 net income $2.60/share (-19% YoY); CEO Joe Russell retiring, Tom Boyle named successor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Q4 net income $2.60 per share vs $3.21 YoY; Core FFO $4.26 vs $4.21 (+1.2%).","Full-year 2025 net income $9.01 per share (-15.3%); Core FFO $16.97 (+1.8%).","Same Store NOI margin 78.4% Q4; guidance 2026 Core FFO $16.35-$17.00 per share.","Acquired 13 facilities for $131M in Q4; 87 facilities for $945.6M in FY2025.","Leadership transition: CEO Joe Russell retires March 31, 2026; Tom Boyle (CFIO) becomes CEO April 1; Joe Fisher named President/CFO."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103531,"accession_number":"0001193125-26-048660","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-02-12T23:59:59+00:00","items":["5.02","7.01","8.01","9.01"],"status":"ready","headline":"Public Storage announces CEO succession, new Chairman, relocation to Frisco, and PS4.0 strategy","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO Joe Russell retiring March 31, 2026; CFO Tom Boyle appointed CEO effective April 1, 2026.","Shankh Mitra (Welltower CEO) named non-executive Chairman; invests $25M in 10-year options at $350 strike.","Joe Fisher named President & CFO from UDR; Natalia Johnson and Chris Sambar promoted to Presidents.","Corporate HQ relocated from Glendale, CA to Frisco, TX effective immediately; PS4.0 strategic plan unveiled.","Russell consulting agreement: $400K/month through March 2027; new TSR-based incentive program for executives."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103530,"accession_number":"0001628280-26-001156","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2026-01-07T23:59:59+00:00","items":["7.01","8.01"],"status":"ready","headline":"Public Storage reports Q4 2025 operating update: occupancy up, move-in rents down 10.6%; acquired $942M in properties","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Q4 2025 move-in rent per sq ft down 10.6% YoY to $11.60; occupancy at 91.0%, up 50 bps from Dec 2024.","Full-year 2025 same-store move-in rent -6.5% to $12.80; move-out rent -1.4% to $20.30; discounts -11% to $56.9M.","Acquired 87 self-storage facilities for $942.2M (6.1M sq ft) in 2025.","Annual contract rent per occupied sq ft at Dec 31: $22.55, down 0.7% from $22.72 a year ago."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119790,"accession_number":"0001628280-25-055820","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2025-12-08T23:59:59+00:00","items":["7.01","8.01"],"status":"ready","headline":"Public Storage reports Nov 2025 operating update: move-in rent down 10% in last two months, occupancy flat at 91.2%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Two-month move-in avg annual contract rent $11.55/sq ft, down 10.0% YoY from $12.84/sq ft.","Eleven-month move-in contract rent per sq ft $12.88, down 6.2% YoY; promotional discounts down 8.8%.","Same-store occupancy at Nov 30: 91.2%, unchanged YoY; annual contract rent per occupied sq ft $22.59 (-0.3%).","Year to date, Public Storage acquired or is under contract to buy 88 facilities (6.1M sq ft) for $949.4M.","Two-month move-out contract rent lost $69.1M, down 3.2% YoY on lower square footage moved out."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119789,"accession_number":"0001628280-25-047143","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2025-10-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Public Storage Q3 Core FFO $4.31, beats; raises 2025 guidance; acquires $511M in facilities","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income allocable to common shareholders $461.4M ($2.62/diluted share) vs $380.7M ($2.16) in Q3 2024, up 21.2%.","Core FFO per share $4.31, up 2.6% YoY; full-year guidance raised to $16.70-$17.00 from $16.45-$17.00.","Acquired 49 facilities for $511.4M in Q3; year-to-date total ~$934.5M including subsequent contracts.","Same Store direct NOI margin 78.5%; weighted avg occupancy 92.2% vs 92.7% prior year.","Quarterly dividend unchanged at $3.00/share, payable Dec 30, 2025 to holders of record Dec 15."],"consensus_eps_estimate":null,"consensus_eps_actual":6.42,"consensus_revenue_estimate":null,"consensus_revenue_actual":3608321000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119788,"accession_number":"0001193125-25-230340","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2025-10-03T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Public Storage Operating Company closes €425M 3.5% senior notes due 2034","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["PSOC issued €425M 3.500% senior notes due Jan 20, 2034; parent Public Storage guarantees.","Interest payable annually from Jan 20, 2026; notes rank equally with existing unsecured debt.","Make-whole redemption before Oct 20, 2033; after that par plus accrued.","Covenants limit secured/unsecured debt and require unencumbered assets ≥125% of unsecured debt.","Issued under shelf registration; prospectus supplement filed Sep 26, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136356,"accession_number":"0001193125-25-223356","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2025-09-29T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Public Storage issues €425M 3.500% senior notes due 2034 to repay €242M 2025 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["€425M aggregate principal, 3.500% interest, issued at 99.447% of par, matures Jan 20, 2034.","Net proceeds to repay €242M of 2.175% senior notes due Nov 2025 and for general corporate purposes.","Notes issued by PSOC, guaranteed by PSA; expected closing Oct 3, 2025.","Underwriters include BNP Paribas, Goldman Sachs & Co. LLC, and Morgan Stanley & Co. International plc."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136355,"accession_number":"0001393311-25-000126","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2025-09-08T23:59:59+00:00","items":["7.01","8.01"],"status":"ready","headline":"Public Storage same-store occupancy 91.3%; move-in rents down 7.9% YoY; 74 facilities acquired/under contract for $811M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Same-store occupancy at 91.3% vs 91.6% a year ago; move-in rents fell 7.9% YoY to $13.57/sq ft.","Move-out rents declined 2.3% to $20.26/sq ft; contract rents lost totaled $76.4M in two months.","Acquired or under contract to buy 74 self-storage facilities (5.1M sq ft) for $811.0M YTD.","Eight-month move-in rent per sq ft down 5.7% to $13.16; total contract rents gained fell 5.0%.","Annual contract rent per occupied sq ft at August 31 was $22.79, down 0.1% from prior year."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136354,"accession_number":"0001393311-25-000119","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2025-07-30T23:59:59+00:00","items":["2.02","9.01","5.02"],"status":"ready","headline":"Public Storage Q2 core FFO $4.28 (+1.2% YoY); net income down 34%; appoints new trustee","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income allocable to common shareholders of $309M ($1.76/diluted), down from $468M ($2.66) in Q2 2024, on $158.5M FX loss.","Core FFO per share of $4.28, up 1.2% YoY; Same Store NOI margin 78.8%, direct NOI down 0.3%.","Acquired 16 facilities ($162M) in Q2; post-quarter acquired/under contract 47 facilities ($482M).","Completed $875M public offering of unsecured senior notes in various tranches.","Appointed Luke Petherbridge (CEO of Link Logistics) as independent trustee, effective immediately."],"consensus_eps_estimate":null,"consensus_eps_actual":3.79,"consensus_revenue_estimate":null,"consensus_revenue_actual":2384278000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153487,"accession_number":"0001193125-25-152693","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2025-06-30T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Public Storage subsidiary issues $875M in senior notes: $475M at 4.375% due 2030 and $400M at 5.000% due 2035","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["PSOC issued $475M 4.375% Senior Notes due July 1, 2030.","PSOC issued $400M 5.000% Senior Notes due July 1, 2035.","Interest payable semi-annually on Jan 1 and Jul 1, starting Jan 1, 2026.","Notes are unsecured, unsubordinated obligations of PSOC, guaranteed by Public Storage.","Proceeds used for general corporate purposes; covenants include unencumbered assets test."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153486,"accession_number":"0001193125-25-151300","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2025-06-27T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Public Storage issues $875M in two-tranche senior notes at 4.375% (2030) and 5.000% (2035)","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$475M of 4.375% senior notes due 2030 issued at 99.707% of par; $400M of 5.000% notes due 2035 at 99.557%.","Net proceeds will repay $400M floating-rate notes due 2025 and fund acquisitions, general corporate purposes.","Notes are issued by Public Storage Operating Company and guaranteed by Public Storage.","Offering expected to close June 30, 2025, under a shelf registration filed Dec 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153485,"accession_number":"0001393311-25-000100","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2025-06-03T23:59:59+00:00","items":["7.01","8.01"],"status":"ready","headline":"Public Storage: May occupancy 92.3%, move-in rents down 4.6%; $750.9M facility acquisitions","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Same-store occupancy at May 31, 2025: 92.3%, down 0.5 ppt from 92.8% a year ago.","Move-in average annual contract rent per sq ft fell 4.6% to $13.34; move-out rent declined 2.0% to $20.25.","Annual contract rent per occupied sq ft up 0.4% to $22.55.","Acquired or under contract to acquire 69 self-storage facilities (4.7M sq ft) for $750.9M since Jan 1.","Investor presentation posted on IR website includes these two-month operating metrics through May 31."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153484,"accession_number":"0001193125-25-115936","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Public Storage shareholders elect 12 trustees, approve say-on-pay and equity plan amendment","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 12 trustee nominees elected; largest vote against was Kristy M. Pipes (8.0M against, 146.5M for).","Say-on-pay approved: 146.1M for, 8.3M against, 578K abstain.","Ernst & Young ratified as auditor for 2025: 150.6M for, 10.5M against.","Equity plan amendment approved: 148.6M for, 5.8M against, 515K abstain.","Meeting held May 7, 2025; all proposals passed with broker non-votes noted where applicable."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153483,"accession_number":"0001393311-25-000068","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2025-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Public Storage Q1 net income down 22% to $358M; Core FFO per share up 2.2% to $4.12","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income allocable to common shareholders: $358.2M / $2.04 diluted share vs $459.2M / $2.60 in Q1 2024.","Core FFO allocable to common: $724.6M / $4.12 per share, up from $711.0M / $4.03 YoY.","Same Store occupancy 91.5% (down 0.6pp); revenue +0.1%, NOI flat. Direct NOI margin 77.1%.","Acquired 9 facilities for $141.0M in Q1; post-quarter $43.2M for 5 facilities under contract.","Proposed acquisition of Abacus Storage King (ASK) for A$1.47/security; PSA share ~$586M, subject to conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":2.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":1183184000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172219,"accession_number":"0001393311-25-000034","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2025-02-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Public Storage Q4 Core FFO $4.21/sh; 2025 guidance assumes $0.23 LA fire hit","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $3.21/diluted share; Core FFO $4.21/diluted share vs $4.20 YoY.","Same Store revenue -0.6% YoY; direct NOI margin 79.2% vs 79.6%.","Full year 2024 acquired 22 facilities for $267.5M; post-Q4 acquired/under contract 9 for $140.7M.","2025 Same Store revenue guidance -1.3% to +0.8%; expense growth 2.5% to 4.5%.","Regular quarterly common dividend declared $3.00/share, payable March 28, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":10.64,"consensus_revenue_estimate":null,"consensus_revenue_actual":4695616000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189199,"accession_number":"0001193125-24-269348","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2024-12-03T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Public Storage establishes $2B at-the-market equity distribution program","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Up to $2B of common shares may be sold through managers including Morgan Stanley, BofA, and Goldman Sachs.","Proceeds contributed to PSOC for general corporate purposes and self-storage facility acquisitions.","Forward sale agreements available; company expects physical settlement for cash proceeds.","Manager compensation capped at 2.0% of gross sales price; existing buyback has >10.5M shares remaining."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189198,"accession_number":"0001193125-24-248690","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2024-10-31T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Public Storage appoints Christopher Sambar as COO and principal operating officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Sambar, 51, joined Oct 14, 2024; previously President of AT&T Network overseeing ~27,000 employees.","Initial annual base salary of $800,000; eligible for annual cash and equity awards starting 2025.","Received $1M make-whole cash bonus; equity awards of $2.5M vested shares and $5M time-vesting LTIP units.","LTIP units vest in three equal annual installments; indemnification agreement entered into.","Sambar also serves as director of AST SpaceMobile (NASDAQ: ASTS) since June 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189197,"accession_number":"0001393311-24-000192","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Public Storage Q3 EPS $2.16, Core FFO $4.20; Same Store NOI down 2.5%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Diluted EPS $2.16 vs $3.20 in Q3 2023; Core FFO per share $4.20 vs $4.33.","Same Store revenue -1.3%, NOI -2.5% YoY; occupancy 91.4% vs 91.9%.","Acquired 3 facilities for $24.3M in Q3; post-quarter 14 facilities for $181.2M.","FY 2024 Core FFO guidance unchanged at $16.50-$16.85; Same Store revenue guidance narrowed.","Board declared $3.00 common dividend payable Dec 30, 2024, record Dec 13."],"consensus_eps_estimate":null,"consensus_eps_actual":7.43,"consensus_revenue_estimate":null,"consensus_revenue_actual":3518189000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205697,"accession_number":"0001393311-24-000172","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2024-09-09T23:59:59+00:00","items":["7.01","8.01"],"status":"ready","headline":"Public Storage Q3 operating update: move-in rents down 9.4% YoY, occupancy slips to 91.6%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Average annual contract rent per sq ft for move-ins fell 9.4% to $14.82 from $16.36 YoY.","Move-out average contract rent decreased 2.8% to $20.85 per sq ft versus $21.44 last year.","Same-store square foot occupancy at August 31, 2024 was 91.6%, down 60 bps from 92.2%.","Contract rents gained from move-ins dropped 11.0% to $50.8M; move-out rents lost $77.6M (-2.9%).","Same-store facilities count remains 2,507 with 170.0M net rentable sq ft since Jan 1, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205696,"accession_number":"0001393311-24-000166","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2024-07-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Public Storage Q2 net income $2.66/sh; core FFO $4.23; cuts 2024 outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $468.4M ($2.66/diluted) vs $528.3M ($3.00) YoY; core FFO $4.23 vs $4.28.","Same-store revenue -1.0%, NOI -1.6%; occupancy 93.0% vs 93.5%; realized rent per occ. sq ft $22.54.","Repurchased $200M common shares at avg $275/sh; issued €150M notes (4.080%) and $1B senior notes.","2024 guidance lowered: same-store NOI growth now (3.0)-(1.3)% from prior (2.4)-0.7%; non-same store NOI cut.","CEO cites industry-wide competition impacting move-in rents; signs of stabilization noted."],"consensus_eps_estimate":null,"consensus_eps_actual":5.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":2330431000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205695,"accession_number":"0001193125-24-185158","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2024-07-26T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Public Storage appoints Maria R. Hawthorne to Board, effective immediately; Audit Committee member","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board increased to 12 trustees; Hawthorne appointed July 25, 2024, term expires at 2025 annual meeting.","Hawthorne is independent, audit committee financial expert; granted 9,806 AO LTIP Units valued at $540,000.","Over 35 years real estate experience; former CEO of PS Business Parks (sold in July 2022).","Current director at Essex Property Trust (NYSE:ESS) and ASGN Incorporated (NYSE:ASGN)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222629,"accession_number":"0001393311-24-000140","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2024-06-03T23:59:59+00:00","items":["7.01","8.01"],"status":"ready","headline":"Public Storage reports May 2024 operating update: move-in rents down 15.6% YoY","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Same-store move-in average annual rent per sq ft fell to $14.05 from $16.65 (-15.6% YoY).","Contract rents lost from move-outs declined 4.7% to $67.45M; occupied sq ft fell 3.2%.","Same-store occupancy at May 31 was 92.8%, down 10 bps from 92.9% a year earlier.","Annual contract rent per occupied sq ft slipped 1.1% to $22.64 from $22.89.","Investor presentation with the update posted on company website under Item 7.01."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222628,"accession_number":"0001193125-24-134196","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2024-05-08T23:59:59+00:00","items":["5.07","8.01"],"status":"ready","headline":"Public Storage shareholders elect 11 trustees; say-on-pay and auditor ratified","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["11 trustees elected with board reduced to 11; Havner, Pipes, Williams each received >145M votes for.","Advisory vote on executive compensation approved: 147.2M for, 5.3M against, 8.7M broker non-votes.","Ernst & Young ratified as independent auditor for FY2024: 152.6M for, 9.1M against.","Committee chairs appointed: Pipes (Audit), Poladian (Compensation), Spogli (Nominating); Pipes named Lead Independent Trustee.","All results from May 7, 2024 Annual Meeting; effective same day."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222627,"accession_number":"0001393311-24-000108","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2024-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Public Storage Q1 net income down 1.8% to $2.60 EPS; Core FFO $4.03, down 1.2% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income allocable to common shareholders $459.2M ($2.60 diluted EPS) vs $467.6M ($2.65) in Q1 2023.","Core FFO per diluted share $4.03, down 1.2% YoY from $4.08.","Same Store revenue +0.1%, NOI -1.5% as expenses grew 4.8% (property taxes +7.4%, marketing +40.4%).","Issued $1.0B senior notes (floating $700M due 2027, fixed $300M 5.350% due 2053) and €150M 4.080% notes due 2039; repaid $700M and €100M notes.","FY2024 Core FFO guidance $16.60-$17.20 per share (-1.7% to +1.8% growth); Same Store NOI growth -2.4% to +0.7%."],"consensus_eps_estimate":null,"consensus_eps_actual":2.6,"consensus_revenue_estimate":null,"consensus_revenue_actual":1157220000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222626,"accession_number":"0001193125-24-097761","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2024-04-16T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Public Storage subsidiary issues $700M floating rate + $300M 5.35% notes; €150M private placement","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["PSOC issued $700M Floating Rate Senior Notes due 2027 (SOFR+0.70%) and $300M 5.350% Senior Notes due 2053, guaranteed by Public Storage.","Issued €150M 4.08% Senior Notes due 2039 via private placement; proceeds used to repay €100M 1.54% notes due April 12, 2024.","Floating Rate Notes mature April 16, 2027; 2053 Notes mature Aug 1, 2053; 2039 Notes mature April 11, 2039.","Covenants include maintaining total unencumbered assets ≥125% of unsecured debt and ratio of unencumbered asset value to unsecured indebtedness.","Parent guarantee by Public Storage covers all three note offerings under indentures and note purchase agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222625,"accession_number":"0001193125-24-092182","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2024-04-11T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Public Storage subsidiary PSOC to issue $1.0B senior notes in two tranches","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["PSOC to issue $700M floating rate senior notes due 2027 at SOFR+70bps, 100% of par.","PSOC to issue $300M additional 5.350% senior notes due 2053 at 98.249% of par.","Notes are guaranteed by Public Storage; expected closing April 16, 2024.","Net proceeds to repay $700M floating rate notes due 2024 and for general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242153,"accession_number":"0001393311-24-000041","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2024-02-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Public Storage Q4 Core FFO $4.20 (+1% YoY); 2024 guidance $16.80-$17.20","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $389.7M ($2.21 diluted EPS); Core FFO $4.20 per share, up 1.0% YoY.","Full-year 2023 Core FFO $16.89 per share, up 6.1% YoY; record revenues and net operating income.","Same Store direct NOI margin 79.7%; revenues +4.7% for full year; occupancy 91.6% at Dec 31.","Acquired 11 facilities ($171.9M) in Q4; full-year acquisitions included 127 Simply Storage properties for $2.2B.","2024 Core FFO guidance $16.80-$17.20; same-store pool expands to 2,507 facilities (170M sq ft)."],"consensus_eps_estimate":null,"consensus_eps_actual":11.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":4517690000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242152,"accession_number":"0001393311-24-000022","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2024-01-09T23:59:59+00:00","items":["7.01","8.01"],"status":"ready","headline":"Public Storage Q4 same-store occupancy 91.6%; move-in rents down 17.8% YoY","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Same-store occupancy fell to 91.6% at Dec 31, 2023 from 92.3% a year earlier.","Average annual move-in rent per sq ft dropped 17.8% YoY to $13.73 in Q4 2023.","Move-out rents were virtually flat YoY at $21.18 per sq ft.","December 2023 move-in rents declined 11.2% YoY, improving from the Q4 average decline of 17.8%.","Annual contract rent per occupied sq ft rose 0.7% to $23.04."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":259549,"accession_number":"0001193125-23-276005","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2023-11-13T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Public Storage amends bylaws to adopt universal proxy rule procedures","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Amended bylaws supplement disclosure requirements for shareholder trustee nominations and proposals made outside Rule 14a-8.","Procedural mechanics for calling special meetings and operation of shareholder meetings modified.","Plurality voting standard clarified; emergency provisions added for when Board quorum cannot be obtained.","Bylaws effective November 8, 2023; additional ministerial and conforming changes made."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":259548,"accession_number":"0001393311-23-000095","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2023-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Public Storage Q3 Core FFO $4.33 (+4.8% YoY); raises 2023 guidance to $16.95-$17.15","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income allocable to common shares $563.2M ($3.20/diluted) vs $2.7B in Q3 2022 which included $2.1B gain on sale of PSB.","Core FFO per diluted share $4.33, up 4.8% YoY; 2023 Core FFO guidance raised to $16.95-$17.15 from $16.70-$16.95.","Same Store direct NOI +1.9% on +2.5% revenue growth; occupancy 93.4% vs 94.5% YoY.","Closed $2.2B Simply Self Storage acquisition (127 facilities); issued $2.2B senior notes to fund.","Development pipeline 4.6M sq ft with $952.1M estimated cost; acquired ten additional facilities for $110.5M."],"consensus_eps_estimate":null,"consensus_eps_actual":8.85,"consensus_revenue_estimate":null,"consensus_revenue_actual":3357822000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276809,"accession_number":"0001193125-23-234365","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2023-09-13T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Public Storage closes $2.2B acquisition of Simply Self Storage from BREIT","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition of 127 wholly-owned properties (9M net rentable sq ft) across 18 states.","65% of properties located in high-growth Sunbelt markets.","Funded via $2.2B of senior unsecured notes; transaction expected to be accretive to FFO per share.","Since 2019, Public Storage expanded portfolio by 54M sq ft (33%) through $10.7B in acquisitions, development, and redevelopment.","Adds 25 properties to PS Advantage third-party management platform."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276808,"accession_number":"0001393311-23-000086","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2023-09-11T23:59:59+00:00","items":["7.01","8.01"],"status":"ready","headline":"Public Storage July-Aug operating update: same-store occupancy 92.4%, move-in rents down 17.1% YoY","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Same-store occupancy at Aug 31, 2023 was 92.4%, down from 93.3% a year ago.","Average annual move-in contract rent per sq ft was $16.36, down 17.1% from $19.73.","Average annual move-out contract rent per sq ft was $21.60, up 1.7% from $21.24.","Annual contract rent per occupied sq ft rose 3.4% to $23.45.","Update covers 2,344 same-store facilities (155.2M net rentable sq ft) for two months ended Aug 31, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276800,"accession_number":"0001193125-23-211436","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K12B","filed_at":"2023-08-14T23:59:59+00:00","items":["1.01","3.01","3.03","5.02","5.03","9.01"],"status":"ready","headline":"Public Storage completes UPREIT reorganization; common shares trade unchanged on NYSE","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Old PSA renamed Public Storage Operating Co; New PSA inherits 'Public Storage' name.","Each old common share converted 1:1 into new common share; same ticker (PSA) and CUSIP.","Board of trustees and executive officers unchanged after the Merger.","New PSA guarantees Old PSA's $1.5B credit facility and unsecured notes.","Reorganization qualifies as tax-free reorganization under Section 368(a); no gain/loss for shareholders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276807,"accession_number":"0001393311-23-000079","cik":1393311,"company_name":"Public Storage","ticker":"PSA","form_type":"8-K","filed_at":"2023-08-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Public Storage Q2 core FFO $4.28/share, up 7.3% YoY; announces $2.2B Simply Storage acquisition","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income allocable to common shareholders $528.3M ($3.00 diluted EPS) vs $603.4M ($3.42) in Q2 2022.","Core FFO per diluted share $4.28, up 7.3% YoY; record customer move-in volume growth of 13.6%.","Same-store NOI increased 6.6% to $668.1M, driven by 6.3% revenue growth; occupancy 93.7%.","On July 24, agreed to acquire 127-facility Simply Self Storage from BREIT for $2.2B cash, expected Q3 close.","Issued $2.2B unsecured senior notes (2-30yr, rates SOFR+60bps to 5.350%) to fund acquisition; declared $3.00 quarterly dividend."],"consensus_eps_estimate":null,"consensus_eps_actual":5.65,"consensus_revenue_estimate":null,"consensus_revenue_actual":2214002000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":53855679585.00302,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2023-08-02T23:59:59+00:00|276807"}