secwatch.observer — SEC 8-K summary
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Issuer:     National Storage Affiliates Trust (NSA)
CIK:        0001618563
Form:       8-K
Filed at:   2024-06-28T23:59:59+00:00
Accession:  0001628280-24-030490
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

COO Derek Bergeon mutually departs NSA; receives $157,500 severance, LTIP vesting
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- Derek Bergeon, EVP & COO, mutually terminated effective June 25, 2024; receives 6 months base salary ($157,500) and ~$10,000 COBRA subsidy.
- Unvested performance-based LTIP units (8,126) vest at target; time-based LTIP units (5,765) also fully vest.
- Non-solicitation for 12 months; released from non-compete; subject to non-disparagement and confidentiality.
- No successor named; Bergeon signed general release of claims in favor of NSA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618563/000162828024030490/0001628280-24-030490-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618563/000162828024030490/nsa-20240625.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-030490

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer