{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-377690","form_type":"8-K","ticker":"PSA","cik":"0001393311","company_name":"Public Storage","filed_at":"2026-09-01T13:19:25+00:00","discovered_at":"2026-09-01T13:20:02.444404+00:00","generated_at":"2026-09-01T13:20:14.734547+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Public Storage closes ~$1.2B acquisition of PS Canada (68 facilities)","bullets":["Completed acquisition of PS Canada for ~$1.2B: $900M in PSA OP units (2.76M at $321.98/unit) + $310M cash.","Earn-out up to $288M in OP units priced at $375/unit, contingent on NOI performance targets.","Adds 68 self-storage facilities, ~5.3M sq ft across Toronto, Vancouver, Montreal, Calgary, Ottawa.","Deal expected accretive to FFO/share with high single-digit NOI growth off high-5% going-in yield.","Funded in part by full draw of $500M delayed draw term loan."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-377690","json":"https://secwatch.observer/filing/0001193125-26-377690.json","markdown":"https://secwatch.observer/filing/0001193125-26-377690.md","text":"https://secwatch.observer/filing/0001193125-26-377690.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1393311/000119312526377690/0001193125-26-377690-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1393311/000119312526377690/d71712d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-01T13:20:14.734547+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}