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Public Storage logoPublic Storage PSA

The company said shareholders elected trustees to its Board of Trustees on May 7, 2024 at its annual meeting, to hold office until the 2025 annual meeting, and that the size of the Board was reduced to match the number of trustees elected.

8-KSubmission of Matters to a Vote of Security HoldersFiled Period of report Summary published (UTC)

Key points

AI summary

  1. The company said shareholders elected trustees to its Board of Trustees on May 7, 2024 at its annual meeting, to hold office until the 2025 annual meeting, and that the size of the Board was reduced to match the number of trustees elected.

  2. The company reported that Ronald P. Spogli received 139,577,770 votes for and 13,040,857 votes against, and Rebecca Owen received 151,969,015 votes for and 728,232 votes against.

  3. The company said shareholders approved the advisory vote on executive compensation with 147,239,032 votes for and 5,323,870 votes against, and also approved the appointment of Ernst & Young LLP as independent auditor for the fiscal year ending December 31, 2024.

  4. The company said the Board of Trustees approved committee assignments after the annual meeting, effective May 7, 2024, appointed Kristy M. Pipes as Lead Independent Trustee, and that she will also chair the Audit Committee.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Public Storage Reduces Board Size After Annual Shareholder Meeting Elects Trustees

The company said shareholders elected trustees to its Board of Trustees on May 7, 2024 at its annual meeting, to hold office until the 2025 annual meeting, and that the size of the Board was reduced to match the number of trustees elected.

Source · Based on the filing body and exhibits

Votes For and Against Each Trustee Nominee

The company reported that Ronald P. Spogli received 139,577,770 votes for and 13,040,857 votes against, and Rebecca Owen received 151,969,015 votes for and 728,232 votes against.

Source · Based on the filing body and exhibits

Shareholders Approve Advisory Compensation Vote and Ernst & Young LLP Appointment

The company said shareholders approved the advisory vote on executive compensation with 147,239,032 votes for and 5,323,870 votes against, and also approved the appointment of Ernst & Young LLP as independent auditor for the fiscal year ending December 31, 2024.

Source · Based on the filing body and exhibits

Board Approves Committee Assignments and Names Lead Independent Trustee

The company said the Board of Trustees approved committee assignments after the annual meeting, effective May 7, 2024, appointed Kristy M. Pipes as Lead Independent Trustee, and that she will also chair the Audit Committee.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗
Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.