---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-060339"
form_type: "8-K"
ticker: "SMA"
cik: "0001585389"
company_name: "SmartStop Self Storage REIT, Inc."
filed_at: "2025-03-21T23:59:59+00:00"
generated_at: "2026-05-24T08:42:19.411908+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# SmartStop records $4.6M casualty loss from Hurricane Helene; expects full insurance recovery

## Summary
- Hurricane Helene flood damaged one Asheville property; recorded ~$4.6M net casualty loss to write-off carrying value.
- Company expects full insurance recovery; loss completely offset in 2024 OI by recorded insurance receivable.
- In Jan 2025, SSGT III repaid ~$2.9M bridge loan and $7.0M promissory note, plus accrued interest.
- No net income impact from the casualty loss; receivable recorded for pending insurance claim as of Dec 31, 2024.

## SEC filing metadata
- accession: 0001193125-25-060339
- form_type: 8-K
- ticker: SMA
- cik: 0001585389
- company_name: SmartStop Self Storage REIT, Inc.
- filed_at: 2025-03-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 3.03, 5.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1585389/000119312525060339/0001193125-25-060339-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1585389/000119312525060339/d798568d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-060339
- JSON: https://secwatch.observer/filing/0001193125-25-060339.json
- Plain text: https://secwatch.observer/filing/0001193125-25-060339.txt

## Key facts
- Governance Changes
  SmartStop Self Storage REIT, Inc.: Effected one-for-four reverse stock split and par value decrease via charter amendments, and reclassified authorized shares via articles supplementary (effective 2025-03-20).
  - Change: charter amendment
  - Effective: 2025-03-20
  source text: the Company reclassified and designated 225,000,000 authorized but unissued shares of Class A Common Stock and 340,000,000 authorized but unissued shares of Class T Common Stock as authorized but unissued shares of common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1585389/000119312525060339/0001193125-25-060339-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.