{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-027484","form_type":"8-K","ticker":"PSA","cik":"0001393311","company_name":"Public Storage","filed_at":"2026-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.227095+00:00","generated_at":"2026-05-15T03:45:34.574116+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Public Storage Q1 Core FFO $4.22, net income $2.71; reaffirms FY guidance; CEO Tom Boyle appointed","bullets":["Q1 Core FFO $4.22/share (up 2.4% YoY); net income $2.71/share (up 32.8%).","Same-store NOI margin 77.1% (up 0.4%); revenue $1.00B flat YoY; occupancy 91.5%.","Reaffirmed FY2026 Core FFO guidance $16.35-$17.00/share; same-store NOI growth (3.9)% to (0.5)%.","Tom Boyle appointed CEO and trustee effective April 1, 2026; Shank Mitra appointed Chairman.","Completed $500M 5.00% senior notes due 2035; used proceeds to repay $325M credit line."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-027484","json":"https://secwatch.observer/filing/0001628280-26-027484.json","markdown":"https://secwatch.observer/filing/0001628280-26-027484.md","text":"https://secwatch.observer/filing/0001628280-26-027484.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1393311/000162828026027484/0001628280-26-027484-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1393311/000162828026027484/psa-20260427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T03:45:34.574116+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":"ae4a3e56f71267fa1f9d500de4c3c05268b13260","claim":"Public Storage reported the quarter ended March 31, 2026 results: EPS $2.71. Guidance reaffirmed.","evidence_excerpt":"Public Storage (the “Company”) (NYSE: PSA) announced today its results for the quarter ended March 31, 2026 and its updated outlook for full-year 2026. Net income and core funds from operations (“Core FFO”) per share for the quarter are presented below: Three Months Ended March 31, Change Metric (per share) 2026 2025 $ % Net Income $2.71 $2.04 $0.67 32.8% Core FFO $4.22 $4.12 $0.10 2.4%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1393311/000162828026027484/0001628280-26-027484-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2026"},{"label":"EPS","value":"$2.71"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}