{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-019600","form_type":"8-K","ticker":"NSA","cik":"0001618563","company_name":"National Storage Affiliates Trust","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.271166+00:00","generated_at":"2026-06-03T02:52:56.695853+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NSA Q1 net income up 135% to $95.1M but core FFO down 9.1% per share","bullets":["Net income $95.1M, diluted EPS $0.65, up 135% YoY.","Core FFO per share $0.60, down 9.1% YoY; same-store NOI fell 3.7%.","Period-end occupancy 85.9%, down 350 bps YoY; revenue down 1.5%, expenses up 4.5%.","Repurchased 5.49M shares for ~$203.5M in Q1; additional 1.91M shares for ~$71.6M post-quarter.","Completed sale of 71 wholly-owned properties for ~$540M; contributed 56 properties to new JV with Heitman (25% NSA stake)."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-019600","json":"https://secwatch.observer/filing/0001628280-24-019600.json","markdown":"https://secwatch.observer/filing/0001628280-24-019600.md","text":"https://secwatch.observer/filing/0001628280-24-019600.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1618563/000162828024019600/0001628280-24-019600-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1618563/000162828024019600/nsa-20240501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T02:52:56.695853+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":"4bc65ad00dad303190f27884676482053178d812","claim":"National Storage Affiliates Trust reported the quarter ended March 31, 2024 results: net income $95.1 million, EPS $0.65.","evidence_excerpt":"National Storage Affiliates Trust (\"NSA\" or the \"Company\") (NYSE: NSA) today reported the Company’s first quarter 2024 results.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1618563/000162828024019600/0001628280-24-019600-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Net income","value":"$95.1 million"},{"label":"EPS","value":"$0.65"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}