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Public Storage logoPublic Storage PSA

The company said shareholders elected 12 trustees to its Board of Trustees at its annual meeting on May 7, 2025, to serve until the 2026 annual meeting. A total of 4 proposals were put to a vote.

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 12 trustees to its Board of Trustees at its annual meeting on May 7, 2025, to serve until the 2026 annual meeting. A total of 4 proposals were put to a vote.

  2. The company said Ronald L. Havner, Jr. received 147,232,463 votes for, 7,354,383 against and 321,411 abstentions, with 6,268,740 broker non-votes. Kristy M. Pipes received 146,513,929 votes for and 7,996,269 against.

  3. Shareholders approved the advisory vote on executive compensation with 146,068,319 votes for and 8,261,877 against, the company said. Ernst & Young LLP was ratified as independent auditor for the year ending December 31, 2025 with 150,644,964 votes for and 10,465,075 against.

  4. The company said shareholders approved the amendment and restatement of the Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan with 148,626,926 votes for, 5,766,271 against and 515,060 abstentions.

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.

Shareholders elect 12 trustees at 2025 annual meeting

The company said shareholders elected 12 trustees to its Board of Trustees at its annual meeting on May 7, 2025, to serve until the 2026 annual meeting. A total of 4 proposals were put to a vote.

Source · Based on the filing body and exhibits

Director vote results: Ronald L. Havner, Jr. receives 147,232,463 votes for

The company said Ronald L. Havner, Jr. received 147,232,463 votes for, 7,354,383 against and 321,411 abstentions, with 6,268,740 broker non-votes. Kristy M. Pipes received 146,513,929 votes for and 7,996,269 against.

Source · Based on the filing body and exhibits

Advisory say-on-pay approved; Ernst & Young LLP ratified as auditor

Shareholders approved the advisory vote on executive compensation with 146,068,319 votes for and 8,261,877 against, the company said. Ernst & Young LLP was ratified as independent auditor for the year ending December 31, 2025 with 150,644,964 votes for and 10,465,075 against.

Source · Based on the filing body and exhibits

Shareholders approve amended 2021 Equity and Performance-Based Incentive Compensation Plan

The company said shareholders approved the amendment and restatement of the Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan with 148,626,926 votes for, 5,766,271 against and 515,060 abstentions.

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.

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.