secwatch.observer — SEC 8-K summary
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Issuer:     Global Self Storage, Inc. (SELF)
CIK:        0001031235
Form:       8-K
Filed at:   2026-05-08T23:59:59+00:00
Accession:  0001193125-26-214631
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q1 net income falls 14% to $477k; same-store NOI -3.9%; occupancy hits 93.1% sector high
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- Total revenues +1.5% to $3.2M; net income $477k ($0.04/diluted) vs $555k ($0.05) year ago.
- Same-store NOI decreased 3.9% to $1.8M; cost of operations +10% on higher employment costs and property taxes.
- Same-store occupancy improved 100 bps to 93.1% (sector-leading); tenant duration of stay record 3.6 years.
- FFO down 12.6% to $853k ($0.08/sh); AFFO down 11% to $958k ($0.08/sh) from $1.1M ($0.10) prior.
- Quarterly dividend maintained at $0.0725/sh ($0.29 annualized); capital resources $24.5M cash $7.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1031235/000119312526214631/0001193125-26-214631-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1031235/000119312526214631/self-20260508.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-214631

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer