{"schema_version":"secwatch.filing_event.v1","accession":"0001393311-23-000011","form_type":"8-K","ticker":"PSA","cik":"0001393311","company_name":"Public Storage","filed_at":"2023-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.732611+00:00","generated_at":"2026-06-19T06:43:42.090243+00:00","sec_items":["2.02","9.01","5.02"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Public Storage Q4 core FFO $4.16 (+17.5% YoY); same-store NOI up 15%; appoints COO as principal operating officer","bullets":["Q4 net income allocable to common shareholders $362.6M ($2.06 diluted EPS), down from $558.1M ($3.17) in Q4 2021.","Core FFO per diluted share $4.16, up 17.5% YoY; full year Core FFO $15.92, up 23.1%.","Same-store direct NOI increased 15.0% in Q4, with revenue up 13.0% and margin 81.2%.","Acquired 30 self-storage facilities for $228.6M in Q4; full year acquisitions $730.5M for 74 facilities.","Appointed David Lee, COO, as principal operating officer effective immediately."],"urls":{"canonical":"https://secwatch.observer/filing/0001393311-23-000011","json":"https://secwatch.observer/filing/0001393311-23-000011.json","markdown":"https://secwatch.observer/filing/0001393311-23-000011.md","text":"https://secwatch.observer/filing/0001393311-23-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1393311/000139331123000011/0001393311-23-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1393311/000139331123000011/psa-20230221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T06:43:42.090243+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":[{"claim_id":"88c6faa71e031a6dfa84e33699b7a71cd518f75d","claim":"Public Storage reported financial results for Fourth quarter and year ended December 31, 2022.","evidence_excerpt":"Public Storage (NYSE:PSA) announced today operating results for the fourth quarter and year ended December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1393311/000139331123000011/0001393311-23-000011-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fourth quarter and year ended December 31, 2022"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d3c99521e8","claim":"David Lee was appointed as principal operating officer at Public Storage.","evidence_excerpt":"On February 21, 2023, Public Storage announced the appointment of David Lee, the Company’s Chief Operating Officer, as an executive officer of the Company to serve as its principal operating officer, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1393311/000139331123000011/0001393311-23-000011-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"principal operating officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}