---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-049922"
form_type: "8-K"
ticker: "NSA"
cik: "0001618563"
company_name: "National Storage Affiliates Trust"
filed_at: "2024-12-04T23:59:59+00:00"
generated_at: "2026-05-29T08:41:49.845645+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# NSA grants 111,646 LTIP units to five executives linked to internalization

## Summary
- Tamara Fischer (18,781 units), David Cramer (37,561), Brandon Togashi (23,302), William Cowan (22,607), Tiffany Kenyon (8,695).
- Vesting: 40% time-based (Dec 2, 2026) and 60% performance-based (Dec 2, 2025) on three metrics.
- Performance metrics: $7.5M annualized G&A savings, store platform transition by June 2025, and Project Sunrise internalization completion.
- Awards are one-time transaction grants for executive work on internalizing former participating regional operators.

## SEC filing metadata
- accession: 0001628280-24-049922
- form_type: 8-K
- ticker: NSA
- cik: 0001618563
- company_name: National Storage Affiliates Trust
- filed_at: 2024-12-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1618563/000162828024049922/0001628280-24-049922-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1618563/000162828024049922/nsa-20241202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-049922
- JSON: https://secwatch.observer/filing/0001628280-24-049922.json
- Plain text: https://secwatch.observer/filing/0001628280-24-049922.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.