{"schema_version":"secwatch.filing_event.v1","accession":"0001393311-24-000172","form_type":"8-K","ticker":"PSA","cik":"0001393311","company_name":"Public Storage","filed_at":"2024-09-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.887826+00:00","generated_at":"2026-05-31T05:52:21.297528+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 Q3 operating update: move-in rents down 9.4% YoY, occupancy slips to 91.6%","bullets":["Average annual contract rent per sq ft for move-ins fell 9.4% to $14.82 from $16.36 YoY.","Move-out average contract rent decreased 2.8% to $20.85 per sq ft versus $21.44 last year.","Same-store square foot occupancy at August 31, 2024 was 91.6%, down 60 bps from 92.2%.","Contract rents gained from move-ins dropped 11.0% to $50.8M; move-out rents lost $77.6M (-2.9%).","Same-store facilities count remains 2,507 with 170.0M net rentable sq ft since Jan 1, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001393311-24-000172","json":"https://secwatch.observer/filing/0001393311-24-000172.json","markdown":"https://secwatch.observer/filing/0001393311-24-000172.md","text":"https://secwatch.observer/filing/0001393311-24-000172.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1393311/000139331124000172/0001393311-24-000172-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1393311/000139331124000172/psa-20240909.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T05:52:21.297528+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"}