{"schema_version":"secwatch.filing_event.v1","accession":"0001393311-25-000126","form_type":"8-K","ticker":"PSA","cik":"0001393311","company_name":"Public Storage","filed_at":"2025-09-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.877711+00:00","generated_at":"2026-05-17T07:31:04.304106+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 same-store occupancy 91.3%; move-in rents down 7.9% YoY; 74 facilities acquired/under contract for $811M","bullets":["Same-store occupancy at 91.3% vs 91.6% a year ago; move-in rents fell 7.9% YoY to $13.57/sq ft.","Move-out rents declined 2.3% to $20.26/sq ft; contract rents lost totaled $76.4M in two months.","Acquired or under contract to buy 74 self-storage facilities (5.1M sq ft) for $811.0M YTD.","Eight-month move-in rent per sq ft down 5.7% to $13.16; total contract rents gained fell 5.0%.","Annual contract rent per occupied sq ft at August 31 was $22.79, down 0.1% from prior year."],"urls":{"canonical":"https://secwatch.observer/filing/0001393311-25-000126","json":"https://secwatch.observer/filing/0001393311-25-000126.json","markdown":"https://secwatch.observer/filing/0001393311-25-000126.md","text":"https://secwatch.observer/filing/0001393311-25-000126.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1393311/000139331125000126/0001393311-25-000126-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1393311/000139331125000126/psa-20250908.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:31:04.304106+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"}