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Public Storage — fact timeline

Source-grounded facts extracted from Public Storage's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

PSA Public Storage JSON

Chris Sambar resigned as Chief Operating Officer at Public Storage.

“On July 2, 2026, Chris Sambar, the Chief Operating Officer of Public Storage (the “Company”), resigned effective at the end of July to join T-Mobile as Chief Enterprise Officer.”
Shareholder Votes

Public Storage shareholders approved Ratification of the appointment of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2026 at the 2026-05-06 meeting.

“The shareholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026 as follows: Votes For Votes Against Abstain Broker Non-Votes 153,317,363 10,957,104 59,863 —”
Shareholder Votes

Public Storage shareholders approved Advisory vote to approve the compensation of named executive officers at the 2026-05-06 meeting.

“The shareholders approved the advisory vote to approve the compensation of named executive officers as follows: Votes For Votes Against Abstain Broker Non-Votes 153,511,123 4,450,802 686,459 5,685,946”
Shareholder Votes

Public Storage shareholders approved Election of twelve trustees to the Board of Trustees at the 2026-05-06 meeting.

“The shareholders elected twelve trustees to the Board of Trustees to hold office until the 2027 Annual Meeting of Shareholders or until their successors are duly qualified and elected. The votes for each nominee were as follows: Name Votes For Votes Against Abstain Broker Non-Votes Shankh S. Mitra 119,776,622 38,269,586 602,176 5,685,946 H. Thomas Boyle 157,834,132 387,152 427,100 5,685,946 Tamara Hughes Gustavson 155,288,212 2,935,549 424,623 5,685,946 Ronald L. Havner, Jr. 154,723,194 3,486,377 438,813 5,685,946 Maria R. Hawthorne 155,152,627 2,865,615 630,142 5,685,946 Rebecca Owen 155,529,729 2,489,593 629,062 5,685,946 Luke Petherbridge 156,581,640 1,637,709 429,035 5,685,946 Kristy M. Pipes 151,715,145 6,508,371 424,868 5,685,946 Avedick B. Poladian 148,849,890 9,365,973 432,521 5,685,946 Tariq M. Shaukat 155,984,647 2,234,570 429,167 5,685,946 Ronald P. Spogli 153,037,264 5,178,852 432,268 5,685,946 Paul S. Williams 155,260,513 2,755,506 632,365 5,685,946”
Earnings Releases

Public Storage reported the quarter ended March 31, 2026 results: EPS $2.71. Guidance reaffirmed.

“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%”
Debt Financings

Public Storage incurred senior notes of $500 million with Computershare Trust Company, N.A. at 5.000% per annum maturing December 15, 2035.

“On April 6, 2026, Public Storage Operating Company (“PSOC”), a subsidiary of Public Storage (the “Company”), completed the previously announced offering of $500 million 5.000% Senior Notes due 2035 (the “Notes”).”
Material Agreements

Public Storage entered into Twenty-Second Supplemental Indenture relating to 5.000% Senior Notes due 2035 with Computershare Trust Company, N.A. valued at $500,000,000 5.000% Senior Notes due 2035 (effective 2026-04-06).

“On April 6, 2026, Public Storage Operating Company (“PSOC”), a subsidiary of Public Storage (the “Company”), completed the previously announced offering of $500 million 5.000% Senior Notes due 2035 (the “Notes”).”
Material Agreements

Public Storage entered into Underwriting Agreement with BofA Securities, Inc. and J.P. Morgan Securities LLC, as joint book-running managers of the several underwriters named therein valued at $500 million aggregate principal amount of senior notes due 2035 (effective 2026-04-01).

“On April 1, 2026, Public Storage (the “Company”) and Public Storage Operating Company, a subsidiary of the Company (“PSOC”), entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as joint book-running managers of the several underwriters named therein (the “Underwriters”), for the sale of $500 million aggregate principal amount of senior notes due 2035 (the “Notes”).”
Material Agreements

Public Storage entered into Agreement and Plan of Merger with National Storage Affiliates Trust and NSA OP, LP (effective 2026-03-16).

“Sub I, the “Parent Parties”), National Storage Affiliates Trust, a Maryland real estate investment trust (the “Company”), and NSA OP, LP, a Delaware limited partnership (the “Partnership” and, together with the Company, the “Company Parties”), entered into an Agreement and Plan of Merger (the “Merger Agreement”). Capitalized terms used but not defined herein have the meanings ascribed to them in the Merger Agreement.”
Debt Financings

Public Storage incurred senior notes of €425,000,000 with investors at 3.500% per annum maturing January 20, 2034.

“On October 3, 2025, Public Storage Operating Company (“PSOC”), a subsidiary of Public Storage (the “Company”), completed the previously announced offering of €425,000,000 3.500% Senior Notes due 2034 (the “Notes”).”
Debt Financings

Public Storage incurred senior notes of $475 million 4.375% Senior Notes due 2030 and $400 million 5.000% Senior Notes due 2035 with Computershare Trust Company, N.A. (as successor to Wells Fargo Bank, National Association), as trustee at 4.375% per annum and ... 5.000% per annum maturing July 1, 2030 and the 2035 Notes will mature on July 1, 2035.

“On June 30, 2025, Public Storage Operating Company (“PSOC”), a subsidiary of Public Storage (the “Company”), completed the previously announced offering of $475 million 4.375% Senior Notes due 2030 (the “2030 Notes”) and $400 million 5.000% Senior Notes due 2035 (the “2035 Notes” and, together with the 2030 Notes, the “Notes”).”

Christopher Sambar was appointed as Chief Operating Officer at Public Storage.

“On October 30, 2024, the Board of Trustees of Public Storage appointed Christopher Sambar, the Company’s Chief Operating Officer, as an executive officer of the Company to serve as its principal operating officer, effective immediately.”

Maria R. Hawthorne was appointed as Trustee at Public Storage.

“On July 25, 2024, the Board of Trustees (the “Board”) of Public Storage (the “Company”) increased the size of the Board to twelve trustees and, in connection with such increase, appointed Maria R. Hawthorne to the Board, effective immediately, with an initial term expiring at the 2025 annual meeting of shareholders.”
Earnings Releases

Public Storage reported the three months ended March 31, 2024 results: net income $2.60 per diluted common share, EPS $2.60.

“Reported net income allocable to common shareholders of $2.60 per diluted share.”
Material Agreements

Public Storage entered into Note Purchase Agreement with the Purchasers valued at €150,000,000 (effective 2024-04-11).

“On April 11, 2024, PSOC entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with the purchasers thereto (the “Purchasers”), pursuant to which PSOC issued senior unsecured notes due April 11, 2039 (the “2039 Notes”) in an aggregate principal amount of €150,000,000.”
Material Agreements

Public Storage entered into Senior Notes Offering with Computershare Trust Company, N.A. valued at $1,000,000,000 (effective 2024-04-16).

“On April 16, 2024, Public Storage Operating Company (“PSOC”), a subsidiary of Public Storage (the “Company”), completed the previously announced offering of $700 million Floating Rate Senior Notes due 2027 (the “Floating Rate Notes”) and $300 million 5.350% Senior Notes due 2053 (the “2053 Notes” and, together with the Floating Rate Notes, the “Notes”).”
Material Agreements

Public Storage entered into Underwriting Agreement with Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC valued at $1.0 billion aggregate principal amount of senior notes (effective 2024-04-09).

“On April 9, 2024, Public Storage (the “Company”) and Public Storage Operating Company, a subsidiary of the Company (“PSOC”), entered into an underwriting agreement (the “Underwriting Agreement”) with Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC, as joint book-running managers of the several underwriters named therein (the “Underwriters”), for the sale of $1.0 billion aggregate principal amount of senior notes in two tranches (collectively, the “Notes”).”
Earnings Releases

Public Storage reported the fourth quarter and year ended December 31, 2023 results: net income net income allocable to common shareholders of $2.21 per diluted share.

“Public Storage announced its financial results for the quarter ended December 31, 2023.”
Governance Changes

Public Storage: Amended and restated bylaws effective November 8, 2023, including updates to shareholder nomination procedures, special meeting mechanics, plurality voting standard clarification, and emergency provisions (effective 2023-11-08).

“On November 8, 2023, the Board of Trustees (the “Board”) of Public Storage (the “Company”) adopted amended and restated bylaws of the Company (the “Amended and Restated Bylaws”), effective immediately.”
Earnings Releases

Public Storage reported the three and nine months ended September 30, 2023 results: net income $563.2 million, EPS $3.20 per diluted common share.

“Public Storage announced its financial results for the quarter ended September 30, 2023.”
Governance Changes

Public Storage: Effective upon the merger, New PSA's Amended and Restated Bylaws became effective, reflecting the name change to 'Public Storage' and non-substantive revisions related to the Reorganization (effective 2023-08-14).

“On August 14, 2023, after the Effective Time, the Amended and Restated Declaration of Trust and Amended and Restated Bylaws of New PSA became effective.”
Governance Changes

Public Storage: Effective upon the merger, New PSA's Amended and Restated Declaration of Trust became effective, with changes only for the name change to 'Public Storage' and non-substantive revisions related to the Reorganization (effective 2023-08-14).

“On August 14, 2023, after the Effective Time, the Amended and Restated Declaration of Trust and Amended and Restated Bylaws of New PSA became effective.”
Material Agreements

Public Storage entered into Sixteenth Supplemental Indenture with Computershare Trust Company, N.A. (effective 2023-08-14).

“on August 14, 2023, Old PSA and New PSA entered into a supplemental indenture (the "Sixteenth Supplemental Indenture") with Computershare Trust Company, N.A.”
Material Agreements

Public Storage entered into Merger Agreement.

“Merger Agreement As disclosed above, the Merger became effective at the Effective Time. The Merger was approved by Old PSA’s board of trustees.”
Earnings Releases

Public Storage reported the six months ended June 30, 2023 results: net income $995.8 million, EPS $5.65 per diluted common share. Guidance raised.

“For the six months ended June 30, 2023, net income allocable to our common shareholders was $995.8 million or $5.65 per diluted common share”
Earnings Releases

Public Storage reported the three months ended June 30, 2023 results: net income $528.3 million, EPS $3.00 per diluted common share. Guidance raised.

“For the three months ended June 30, 2023, net income allocable to our common shareholders was $528.3 million or $3.00 per diluted common share”
Governance Changes

Public Storage: Reclassified authorized but unissued preferred shares and equity shares as undesignated shares (effective 2023-08-03).

“to reclassify all of the authorized but unissued preferred shares and equity shares that were previously issued and then redeemed as undesignated preferred shares and equity shares of beneficial interest, $0.01 par value per share.”
Debt Financings

Public Storage incurred senior notes of $600 million 5.350% Senior Notes due 2053 with Computershare Trust Company, N.A. at 5.350% per annum maturing August 1, 2053.

“Senior Notes due 2025 (the “Floating Rate Notes”), $500 million 5.125% Senior Notes due 2029 (the “2029 Notes”), $700 million 5.100% Senior Notes due 2033 (the “2033 Notes”) and $600 million 5.350% Senior Notes due 2053 (the “2053 Notes” and, together with the Floating Rate Notes, the 2029 Notes and the 2033 Notes, the “Notes”). The Notes have been issued pursuant to”
Debt Financings

Public Storage incurred senior notes of $700 million 5.100% Senior Notes due 2033 with Computershare Trust Company, N.A. at 5.100% per annum maturing August 1, 2033.

“The Notes have been issued pursuant to an Indenture, dated as of September 18, 2017 (the “Base Indenture”), between the Company, as issuer, and Computershare Trust Company, N.A. (as successor to Wells Fargo Bank, National Association), as trustee (the “Trustee”), as supplemented by the Twelfth Supplemental Indenture, dated as of July 26, 2023, relating to the Floating Rate Notes (the “Twelfth Supplemental Indenture”), the Thirteenth Supplemental Indenture, dated as of July 26, 2023, relating to the 2029 Notes (the “Thirteenth Supplemental Indenture”), the Fourteenth Supplemental Indenture, dated as of July 26, 2023, relating to the 2033 Notes (the “Fourteenth Supplemental Indenture”), and the Fifteenth Supplemental Indenture, dated as of July 26, 2023, relating to the 2053 Notes (the “Fifteenth Supplemental Indenture” and, collectively with the Twelfth Supplemental Indenture, the Thirtee”
Debt Financings

Public Storage incurred senior notes of $500 million 5.125% Senior Notes due 2029 with Computershare Trust Company, N.A. at 5.125% per annum maturing January 15, 2029.

“The Notes have been issued pursuant to an Indenture, dated as of September 18, 2017 (the “Base Indenture”), between the Company, as issuer, and Computershare Trust Company, N.A. (as successor to Wells Fargo Bank, National Association), as trustee (the “Trustee”), as supplemented by the Twelfth Supplemental Indenture, dated as of July 26, 2023, relating to the Floating Rate Notes (the “Twelfth Supplemental Indenture”), the Thirteenth Supplemental Indenture, dated as of July 26, 2023, relating to the 2029 Notes (the “Thirteenth Supplemental Indenture”), the Fourteenth Supplemental Indenture, dated as of July 26, 2023, relating to the 2033 Notes (the “Fourteenth Supplemental Indenture”), and the Fifteenth Supplemental Indenture, dated as of July 26, 2023, relating to the 2053 Notes (the “Fifteenth Supplemental Indenture” and, collectively with the Twelfth Supplemental Indenture, the Thirtee”
Debt Financings

Public Storage incurred senior notes of $400 million Floating Rate Senior Notes due 2025 with Computershare Trust Company, N.A. at Compounded SOFR plus 60 basis points maturing July 25, 2025.

“completed the previously announced offering of $400 million Floating Rate Senior Notes due 2025”
Material Agreements

Public Storage entered into Twelfth Supplemental Indenture, Thirteenth Supplemental Indenture, Fourteenth Supplemental Indenture, and Fifteenth Supplemental Indenture with Computershare Trust Company, N.A. valued at $2.2 billion aggregate principal of Floating Rate Senior Notes due 2025, 5.125% Senior Notes due 202 (effective 2023-07-26).

“On July 26, 2023, Public Storage (the “Company”) completed the previously announced offering of $400 million Floating Rate Senior Notes due 2025 (the “Floating Rate Notes”), $500 million 5.125% Senior Notes due 2029 (the “2029 Notes”), $700 million 5.100% Senior Notes due 2033 (the “2033 Notes”) and $600 million 5.350% Senior Notes due 2053 (the “2053 Notes” and, together with the Floating Rate Notes, the 2029 Notes and the 2033 Notes, the “Notes”).”
Material Agreements

Public Storage entered into Underwriting Agreement with BofA Securities, Inc. and J.P. Morgan Securities LLC, as managers of the several underwriters named therein valued at $2.2 billion aggregate principal amount (effective 2023-07-24).

“On July 24, 2023, Public Storage (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”), between the Company and BofA Securities, Inc. and J.P. Morgan Securities LLC, as managers of the several underwriters named therein (the “Underwriters”), for the sale of $2.2 billion aggregate principal amount of senior notes in four tranches (collectively, the “Notes”).”

David Lee resigned as Chief Operating Officer at Public Storage.

“On July 21, 2023, Public Storage (the “Company”) announced that David Lee, the Company’s Chief Operating Officer, resigned for personal reasons effective August 1, 2023.”
Material Agreements

Public Storage terminated Second Amended and Restated Credit Agreement (effective 2023-06-12).

“Item 1.02 Termination of a Material Definitive Agreement The information set forth under Item 1.01 is incorporated by reference into this Item 1.02.”
Material Agreements

Public Storage entered into Third Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as Agent, Bank of America, N.A. and JPMorgan Chase Bank, N.A., as Co-Syndication Agents and the other lenders and agents, arrangers and bookrunners party thereto valued at $1.5 billion (effective 2023-06-12).

“On June 12, 2023, Public Storage (the “Company”) entered into a Third Amended and Restated Credit Agreement (the “Credit Agreement”) with Wells Fargo Bank, National Association, as Agent, Bank of America, N.A. and JPMorgan Chase Bank, N.A., as Co-Syndication Agents and the other lenders and agents, arrangers and bookrunners party thereto.”
Shareholder Votes

Public Storage shareholders rejected Shareholder proposal requesting the Board of Trustees issue short- and long-term Scope 1-3 greenhouse gas reduction targets aligned with the Paris Agreement at the 2023-05-02 meeting.

“The shareholders did not approve the shareholder proposal requesting that the Company’s Board of Trustees issue short- and long-term Scope 1-3 greenhouse gas reduction targets aligned with the Paris Agreement as follows:”
Shareholder Votes

Public Storage shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm for fiscal year 2023 at the 2023-05-02 meeting.

“The shareholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 as follows:”
Shareholder Votes

Public Storage shareholders approved Advisory vote on the frequency of future advisory votes to approve executive compensation at the 2023-05-02 meeting.

“The shareholders voted to hold future advisory votes to approve executive compensation annually as follows:”
Shareholder Votes

Public Storage shareholders approved Advisory vote to approve the compensation of named executive officers at the 2023-05-02 meeting.

“The shareholders approved the advisory vote to approve the compensation of named executive officers as follows:”
Shareholder Votes

Public Storage shareholders approved Election of thirteen trustees to the Board of Trustees at the 2023-05-02 meeting.

“The shareholders elected thirteen trustees to the Board of Trustees to hold office until the 2024 Annual Meeting or until their successors are duly qualified and elected, and the size of the Board of Trustees concurrently was reduced to thirteen.”
Earnings Releases

Public Storage reported the three months ended March 31, 2023 results: net income $467.6 million or $2.65 per diluted common share, EPS $2.65 per diluted share.

“On May 3, 2023, Public Storage announced its financial results for the quarter ended March 31, 2023.”
Earnings Releases

Public Storage reported financial results for Fourth quarter and year ended December 31, 2022.

“Public Storage (NYSE:PSA) announced today operating results for the fourth quarter and year ended December 31, 2022.”

David Lee was appointed as principal operating officer at Public Storage.

“On February 21, 2023, Public Storage announced the appointment of David Lee, the Company’s Chief Operating Officer, as an executive officer of the Company to serve as its principal operating officer, effective immediately.”
Earnings Releases

Public Storage reported quarter ended September 30, 2022 results: net income net income allocable to our common shareholders was $2,712.2 million, EPS $15.38 per diluted common share.

“Public Storage Reports Results for the Three and Nine Months Ended September 30, 2022”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.