{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-012969","form_type":"8-K","ticker":"PSA","cik":"0001393311","company_name":"Public Storage","filed_at":"2026-03-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.976214+00:00","generated_at":"2026-05-15T22:34:33.814356+00:00","sec_items":["7.01","8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Public Storage Feb 2026 same-store occupancy 91.7%, move-in rents down 4.7% YoY","bullets":["Same-store (2,755 properties) occupancy 91.7% vs 90.6% a year ago (+1.1ppts).","Move-in annual contract rent per sq ft $11.93, down 4.7% YoY; contract rents gained from move-ins $36.9M (-10.2%).","Move-out annual contract rent per sq ft $19.55, down 2.3%; contract rents lost $53.5M (-7.6%).","Annualized contract rent per occupied sq ft $22.13, essentially flat (-0.1% YoY).","Promotional discounts on move-ins fell 16% to $9.2M, indicating less discounting."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-012969","json":"https://secwatch.observer/filing/0001628280-26-012969.json","markdown":"https://secwatch.observer/filing/0001628280-26-012969.md","text":"https://secwatch.observer/filing/0001628280-26-012969.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1393311/000162828026012969/0001628280-26-012969-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1393311/000162828026012969/psa-20260302.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T22:34:33.814356+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"}