{"schema_version":"secwatch.filing_event.v1","accession":"0001393311-24-000140","form_type":"8-K","ticker":"PSA","cik":"0001393311","company_name":"Public Storage","filed_at":"2024-06-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.209695+00:00","generated_at":"2026-06-01T06:45:03.854232+00:00","sec_items":["7.01","8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Public Storage reports May 2024 operating update: move-in rents down 15.6% YoY","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001393311-24-000140","json":"https://secwatch.observer/filing/0001393311-24-000140.json","markdown":"https://secwatch.observer/filing/0001393311-24-000140.md","text":"https://secwatch.observer/filing/0001393311-24-000140.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1393311/000139331124000140/0001393311-24-000140-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1393311/000139331124000140/psa-20240603.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T06:45:03.854232+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"}