{"transactions":[{"id":4636892,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":33349,"kind":"person","name":"SPOGLI RONALD P","position":1,"cik":"0000916867","reported_name":"SPOGLI RONALD P","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-10-07T16:53:28.000Z","date":"2026-10-06","kind":"grant","planned":false,"acquired":true,"shares":6.28,"price":285.85,"value":1795.138,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) in lieu of dividend equivalents pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash dividend equivalents paid on DSUs for the applicable calendar quarter Mr. Spogli has elected to be paid in DSUs, divided by the Company's closing share price on the grant date. The DSUs will be settled in unrestricted common shares (i) in a lump sum on January 1st of the calendar year following Mr. Spogli's separation from service as a trustee or (ii) in a lump sum upon Mr. Spogli's earlier death or disability or upon an earlier change of control of the Company. In accordance with Mr. Spogli's election, dividend equivalents paid on these DSUs will be issued as additional DSUs."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 2,676.78 DSUs."}],"balance_after":12839.78,"source":{"system":"sec-edgar","filing":"0000916867-26-000015","document":"wk-form4_1791392006.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000091686726000015/wk-form4_1791392006.xml","form_type":"4"}},{"id":4636891,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23073,"kind":"person","name":"HAVNER RONALD L JR","position":1,"cik":"0001227384","reported_name":"HAVNER RONALD L JR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-10-07T16:46:55.000Z","date":"2026-10-06","kind":"grant","planned":false,"acquired":true,"shares":4.45,"price":285.85,"value":1272.0325,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) in lieu of dividend equivalents pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash dividend equivalents paid on DSUs for the applicable calendar quarter Mr. Havner has elected to be paid in DSUs, divided by the Company's closing share price on the grant date. The DSUs will be settled in unrestricted common shares (i) in a lump sum upon Mr. Havner's separation from service as a trustee or (ii) in a lump sum upon Mr. Havner's earlier death or disability or upon an earlier change of control of the Company. In accordance with Mr. Havner's election, dividend equivalents paid on these DSUs will be issued as additional DSUs."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 2,734.99 DSUs. Mr. Havner postponed receipt of 10,000 vested restricted share units granted February 19, 2015 with an original vesting date of April 1, 2016 in accordance with the following schedule: 10 equal installments over 10 years starting April 1, 2021 to April 1, 2030. 4,000 remain subject to deferred receipt and are also included here."}],"balance_after":6734.99,"source":{"system":"sec-edgar","filing":"0001227384-26-000021","document":"wk-form4_1791391612.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000122738426000021/wk-form4_1791391612.xml","form_type":"4"}},{"id":4628703,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":32689,"kind":"person","name":"PETHERBRIDGE LUKE J","position":1,"cik":"0001635270","reported_name":"PETHERBRIDGE LUKE J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-10-02T23:04:28.000Z","date":"2026-09-30","kind":"grant","planned":false,"acquired":true,"shares":151,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"shares","element":"transactionShares","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."}],"balance_after":613,"derivative":{"underlying":"Common Shares","underlying_shares":151},"source":{"system":"sec-edgar","filing":"0001635270-26-000012","document":"wk-form4_1790982266.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1635270/000163527026000012/wk-form4_1790982266.xml","form_type":"4"}},{"id":4628728,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":14517,"kind":"person","name":"Mitra Shankh","position":1,"cik":"0001698445","reported_name":"Mitra Shankh","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-10-02T22:56:34.000Z","date":"2026-09-30","kind":"grant","planned":false,"acquired":true,"shares":339,"price":282.84,"value":95882.76,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of unrestricted Company common shares pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of shares granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in common shares, divided by the Company's closing share price on the grant date, rounded up to the nearest share."}],"balance_after":9668,"source":{"system":"sec-edgar","filing":"0001698445-26-000013","document":"wk-form4_1790981791.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1698445/000169844526000013/wk-form4_1790981791.xml","form_type":"4"}},{"id":4628751,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":32745,"kind":"person","name":"WILLIAMS PAUL S","position":1,"cik":"0001236458","reported_name":"WILLIAMS PAUL S","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-10-02T22:45:18.000Z","date":"2026-09-30","kind":"grant","planned":false,"acquired":true,"shares":52,"price":282.84,"value":14707.68,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in DSUs, divided by the Company's closing share price on the grant date, rounded up to the nearest DSU. The DSUs will be settled in unrestricted common shares (i) in a lump sum following the reporting person's separation from service as a trustee or (ii) in a lump sum upon the reporting person's earlier death or disability or upon an earlier change of control of the Company."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 1,530 DSUs."}],"balance_after":1530,"source":{"system":"sec-edgar","filing":"0001236458-26-000012","document":"wk-form4_1790981115.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000123645826000012/wk-form4_1790981115.xml","form_type":"4"}},{"id":4628772,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":33349,"kind":"person","name":"SPOGLI RONALD P","position":1,"cik":"0000916867","reported_name":"SPOGLI RONALD P","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-10-02T22:41:34.000Z","date":"2026-09-30","kind":"grant","planned":false,"acquired":true,"shares":151,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"shares","element":"transactionShares","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."}],"balance_after":6205.6,"derivative":{"underlying":"Common Shares","underlying_shares":151},"source":{"system":"sec-edgar","filing":"0000916867-26-000012","document":"wk-form4_1790980891.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000091686726000012/wk-form4_1790980891.xml","form_type":"4"}},{"id":4628817,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23073,"kind":"person","name":"HAVNER RONALD L JR","position":1,"cik":"0001227384","reported_name":"HAVNER RONALD L JR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-10-02T22:27:28.000Z","date":"2026-10-02","kind":"grant","planned":false,"acquired":true,"shares":107,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"shares","element":"transactionShares","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."}],"balance_after":182500.91,"derivative":{"underlying":"Common Shares","underlying_shares":107},"source":{"system":"sec-edgar","filing":"0001227384-26-000019","document":"wk-form4_1790980046.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000122738426000019/wk-form4_1790980046.xml","form_type":"4"}},{"id":1750,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":1437,"kind":"person","name":"Sheek Samuel Wade","position":1,"cik":"0001793636","reported_name":"Sheek Samuel Wade","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Legal Officer"}}],"security":"LTIP Units","published_at":"2026-09-03T17:54:26.000Z","date":"2026-09-01","kind":"grant","planned":false,"acquired":true,"shares":6213,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Reflects a new hire award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of Public Storage (the \"Company\"), designated as LTIP Units (\"LTIP Units\"), which LTIP Units are intended to qualify as profits interests for US federal income tax purposes. The LTIP Units vest in five equal annual installments beginning one year from the grant date. The LTIP Units, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into common units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares, par value $0.10 per share, of the Company or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Reflects a new hire award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of Public Storage (the \"Company\"), designated as LTIP Units (\"LTIP Units\"), which LTIP Units are intended to qualify as profits interests for US federal income tax purposes. The LTIP Units vest in five equal annual installments beginning one year from the grant date. The LTIP Units, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into common units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares, par value $0.10 per share, of the Company or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Reflects a new hire award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of Public Storage (the \"Company\"), designated as LTIP Units (\"LTIP Units\"), which LTIP Units are intended to qualify as profits interests for US federal income tax purposes. The LTIP Units vest in five equal annual installments beginning one year from the grant date. The LTIP Units, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into common units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares, par value $0.10 per share, of the Company or the equivalent cash value of common shares, as determined by the Company."}],"balance_after":6213,"derivative":{"underlying":"Common Shares","underlying_shares":6213},"source":{"system":"sec-edgar","filing":"0001793636-26-000005","document":"wk-form4_1788458063.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1793636/000179363626000005/wk-form4_1788458063.xml","form_type":"4"}},{"id":686569,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23258,"kind":"person","name":"Vitan Nathaniel A.","position":1,"cik":"0001774586","reported_name":"Vitan Nathaniel A.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Legal Officer"}}],"security":"Common Shares","published_at":"2026-08-15T00:07:25.000Z","date":"2026-08-13","kind":"sale","planned":false,"acquired":false,"shares":1414,"price":327.5342,"value":463133.3588,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Represents weighted average price. These shares were sold at prices ranging between $327.48 and $327.645. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer."}],"balance_after":0,"source":{"system":"sec-edgar","filing":"0001774586-26-000006","document":"wk-form4_1786752442.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000177458626000006/wk-form4_1786752442.xml","form_type":"4"}},{"id":700650,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":27762,"kind":"person","name":"Johnson Natalia","position":1,"cik":"0001726283","reported_name":"Johnson Natalia","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CD&TO"}}],"security":"LTIP Units","published_at":"2026-07-30T23:27:22.000Z","date":"2026-07-28","kind":"exercise","planned":false,"acquired":true,"shares":3284,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F4","text":"Includes 9,398 LTIP Units subject to time-based vesting."}],"balance_after":26493,"derivative":{"underlying":"Common Shares","underlying_shares":3284},"source":{"system":"sec-edgar","filing":"0001726283-26-000004","document":"wk-form4_1785454040.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1726283/000172628326000004/wk-form4_1785454040.xml","form_type":"4"}},{"id":700649,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":27762,"kind":"person","name":"Johnson Natalia","position":1,"cik":"0001726283","reported_name":"Johnson Natalia","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CD&TO"}}],"security":"AO LTIP Units","published_at":"2026-07-30T23:27:22.000Z","date":"2026-07-28","kind":"exercise","planned":false,"acquired":false,"shares":10327,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"On February 26, 2024, the reporting person exchanged an option to purchase 10,327 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 10,327 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $225.38, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On February 26, 2024, the reporting person exchanged an option to purchase 10,327 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 10,327 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $225.38, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"On February 26, 2024, the reporting person exchanged an option to purchase 10,327 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 10,327 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $225.38, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"On February 26, 2024, the reporting person exchanged an option to purchase 10,327 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 10,327 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $225.38, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."}],"balance_after":0,"derivative":{"exercise_price":225.38,"exercise_date":"2017-08-05","expiration_date":"2026-08-04","underlying":"Common Shares","underlying_shares":10327},"source":{"system":"sec-edgar","filing":"0001726283-26-000004","document":"wk-form4_1785454040.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1726283/000172628326000004/wk-form4_1785454040.xml","form_type":"4"}},{"id":700575,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23073,"kind":"person","name":"HAVNER RONALD L JR","position":1,"cik":"0001227384","reported_name":"HAVNER RONALD L JR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-07-30T21:23:14.000Z","date":"2026-07-29","kind":"exercise","planned":false,"acquired":true,"shares":34599.51,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."}],"balance_after":182393.91,"derivative":{"underlying":"Common Shares","underlying_shares":34599.51},"source":{"system":"sec-edgar","filing":"0001227384-26-000017","document":"wk-form4_1785446591.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1227384/000122738426000017/wk-form4_1785446591.xml","form_type":"4"}},{"id":700574,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23073,"kind":"person","name":"HAVNER RONALD L JR","position":1,"cik":"0001227384","reported_name":"HAVNER RONALD L JR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2026-07-30T21:23:14.000Z","date":"2026-07-29","kind":"exercise","planned":false,"acquired":false,"shares":103275,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 103,275 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 103,275 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $219.07, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 103,275 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 103,275 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $219.07, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 103,275 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 103,275 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $219.07, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 103,275 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 103,275 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $219.07, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."}],"balance_after":0,"derivative":{"exercise_price":219.07,"exercise_date":"2018-02-22","expiration_date":"2027-02-21","underlying":"Common Shares","underlying_shares":103275},"source":{"system":"sec-edgar","filing":"0001227384-26-000017","document":"wk-form4_1785446591.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1227384/000122738426000017/wk-form4_1785446591.xml","form_type":"4"}},{"id":717394,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":32689,"kind":"person","name":"PETHERBRIDGE LUKE J","position":1,"cik":"0001635270","reported_name":"PETHERBRIDGE LUKE J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-07-02T15:52:23.000Z","date":"2026-06-30","kind":"grant","planned":false,"acquired":true,"shares":126,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"shares","element":"transactionShares","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."}],"balance_after":462,"derivative":{"underlying":"Common Shares","underlying_shares":126},"source":{"system":"sec-edgar","filing":"0001635270-26-000008","document":"wk-form4_1783007540.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000163527026000008/wk-form4_1783007540.xml","form_type":"4"}},{"id":717393,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":14517,"kind":"person","name":"Mitra Shankh","position":1,"cik":"0001698445","reported_name":"Mitra Shankh","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-07-02T15:41:45.000Z","date":"2026-06-30","kind":"grant","planned":false,"acquired":true,"shares":305,"price":318.31,"value":97084.55,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of unrestricted Company common shares pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of shares granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in common shares, divided by the Company's closing share price on the grant date, rounded up to the nearest share."}],"balance_after":9329,"source":{"system":"sec-edgar","filing":"0001698445-26-000011","document":"wk-form4_1783006903.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000169844526000011/wk-form4_1783006903.xml","form_type":"4"}},{"id":717588,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":32745,"kind":"person","name":"WILLIAMS PAUL S","position":1,"cik":"0001236458","reported_name":"WILLIAMS PAUL S","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-07-02T15:35:04.000Z","date":"2026-06-30","kind":"grant","planned":false,"acquired":true,"shares":46,"price":318.31,"value":14642.26,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in DSUs, divided by the Company's closing share price on the grant date, rounded up to the nearest DSU. The DSUs will be settled in unrestricted common shares (i) in a lump sum following the reporting person's separation from service as a trustee or (ii) in a lump sum upon the reporting person's earlier death or disability or upon an earlier change of control of the Company."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 1,478 DSUs."}],"balance_after":1478,"source":{"system":"sec-edgar","filing":"0001236458-26-000010","document":"wk-form4_1783006501.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1236458/000123645826000010/wk-form4_1783006501.xml","form_type":"4"}},{"id":719567,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":33349,"kind":"person","name":"SPOGLI RONALD P","position":1,"cik":"0000916867","reported_name":"SPOGLI RONALD P","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-07-02T15:04:14.000Z","date":"2026-06-30","kind":"grant","planned":false,"acquired":true,"shares":145,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"shares","element":"transactionShares","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"shares","element":"transactionShares","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."}],"balance_after":6054.6,"derivative":{"underlying":"Common Shares","underlying_shares":145},"source":{"system":"sec-edgar","filing":"0000916867-26-000010","document":"wk-form4_1783004651.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/916867/000091686726000010/wk-form4_1783004651.xml","form_type":"4"}},{"id":719566,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":33349,"kind":"person","name":"SPOGLI RONALD P","position":1,"cik":"0000916867","reported_name":"SPOGLI RONALD P","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-07-02T15:04:14.000Z","date":"2026-06-30","kind":"grant","planned":false,"acquired":true,"shares":5.58,"price":318.31,"value":1776.1698,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) in lieu of dividend equivalents pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash dividend equivalents paid on DSUs for the applicable calendar quarter Mr. Spogli has elected to be paid in DSUs, divided by the Company's closing share price on the grant date. The DSUs will be settled in unrestricted common shares (i) in a lump sum on January 1st of the calendar year following Mr. Spogli's separation from service as a trustee or (ii) in a lump sum upon Mr. Spogli's earlier death or disability or upon an earlier change of control of the Company. In accordance with Mr. Spogli's election, dividend equivalents paid on these DSUs will be issued as additional DSUs."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 2,670.5 DSUs."}],"balance_after":12833.5,"source":{"system":"sec-edgar","filing":"0000916867-26-000010","document":"wk-form4_1783004651.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/916867/000091686726000010/wk-form4_1783004651.xml","form_type":"4"}},{"id":717574,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23073,"kind":"person","name":"HAVNER RONALD L JR","position":1,"cik":"0001227384","reported_name":"HAVNER RONALD L JR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-07-02T14:49:16.000Z","date":"2026-06-30","kind":"grant","planned":false,"acquired":true,"shares":95,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"shares","element":"transactionShares","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"shares","element":"transactionShares","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."}],"balance_after":147794.4,"derivative":{"underlying":"Common Shares","underlying_shares":95},"source":{"system":"sec-edgar","filing":"0001227384-26-000015","document":"wk-form4_1783003753.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1227384/000122738426000015/wk-form4_1783003753.xml","form_type":"4"}},{"id":717573,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23073,"kind":"person","name":"HAVNER RONALD L JR","position":1,"cik":"0001227384","reported_name":"HAVNER RONALD L JR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-07-02T14:49:16.000Z","date":"2026-06-30","kind":"grant","planned":false,"acquired":true,"shares":3.95,"price":318.31,"value":1257.3245,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) in lieu of dividend equivalents pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash dividend equivalents paid on DSUs for the applicable calendar quarter Mr. Havner has elected to be paid in DSUs, divided by the Company's closing share price on the grant date. The DSUs will be settled in unrestricted common shares (i) in a lump sum upon Mr. Havner's separation from service as a trustee or (ii) in a lump sum upon Mr. Havner's earlier death or disability or upon an earlier change of control of the Company. In accordance with Mr. Havner's election, dividend equivalents paid on these DSUs will be issued as additional DSUs."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 2,730.54 deferred share units. Mr. Havner postponed receipt of 10,000 vested restricted share units granted February 19, 2015 with an original vesting date of April 1, 2016 in accordance with the following schedule: 10 equal installments over 10 years starting April 1, 2021 to April 1, 2030. 4,000 remain subject to deferred receipt and are also included here."}],"balance_after":6730.54,"source":{"system":"sec-edgar","filing":"0001227384-26-000015","document":"wk-form4_1783003753.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1227384/000122738426000015/wk-form4_1783003753.xml","form_type":"4"}},{"id":735933,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23258,"kind":"person","name":"Vitan Nathaniel A.","position":1,"cik":"0001774586","reported_name":"Vitan Nathaniel A.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Legal Officer"}}],"security":"Common Shares","published_at":"2026-06-16T14:08:45.000Z","date":"2026-06-12","kind":"sale","planned":false,"acquired":false,"shares":950,"price":324.8101,"value":308569.595,"ownership":{"direct":true},"balance_after":1414,"source":{"system":"sec-edgar","filing":"0001774586-26-000004","document":"wk-form4_1781618922.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000177458626000004/wk-form4_1781618922.xml","form_type":"4"}},{"id":786373,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":14517,"kind":"person","name":"Mitra Shankh","position":1,"cik":"0001698445","reported_name":"Mitra Shankh","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Stock Option (Right to Buy)","published_at":"2026-05-08T22:56:17.000Z","date":"2026-05-06","kind":"grant","planned":false,"acquired":true,"shares":3232,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Stock Option granted pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. Option vests in full one (1) year from the grant date."}],"balance_after":3232,"derivative":{"exercise_price":308.98,"exercise_date":"2027-05-06","expiration_date":"2036-05-05","underlying":"Common Shares","underlying_shares":3232},"source":{"system":"sec-edgar","filing":"0001698445-26-000009","document":"wk-form4_1778280975.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000169844526000009/wk-form4_1778280975.xml","form_type":"4"}},{"id":786372,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":32689,"kind":"person","name":"PETHERBRIDGE LUKE J","position":1,"cik":"0001635270","reported_name":"PETHERBRIDGE LUKE J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2026-05-08T14:55:30.000Z","date":"2026-05-06","kind":"grant","planned":false,"acquired":true,"shares":3232,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as AO LTIP Units (\"AO LTIP Units\") granted pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The AO LTIP Units vest in full one (1) year from the grant date. Vested AO LTIP Units are convertible at the reporting person's election into vested LTIP Units (\"LTIP Units\") of Public Storage OP, which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes."}],"balance_after":3232,"derivative":{"exercise_price":308.98,"exercise_date":"2027-05-06","expiration_date":"2036-05-05","underlying":"Common Shares","underlying_shares":3232},"source":{"system":"sec-edgar","filing":"0001635270-26-000006","document":"wk-form4_1778252128.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000163527026000006/wk-form4_1778252128.xml","form_type":"4"}},{"id":786453,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":32745,"kind":"person","name":"WILLIAMS PAUL S","position":1,"cik":"0001236458","reported_name":"WILLIAMS PAUL S","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2026-05-08T14:55:24.000Z","date":"2026-05-06","kind":"grant","planned":false,"acquired":true,"shares":3232,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as AO LTIP Units (\"AO LTIP Units\") granted pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The AO LTIP Units vest in full one (1) year from the grant date. Vested AO LTIP Units are convertible at the reporting person's election into vested LTIP Units (\"LTIP Units\") of Public Storage OP, which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes."}],"balance_after":3232,"derivative":{"exercise_price":308.98,"exercise_date":"2027-05-06","expiration_date":"2036-05-05","underlying":"Common Shares","underlying_shares":3232},"source":{"system":"sec-edgar","filing":"0001236458-26-000008","document":"wk-form4_1778252122.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1236458/000123645826000008/wk-form4_1778252122.xml","form_type":"4"}},{"id":787557,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":33349,"kind":"person","name":"SPOGLI RONALD P","position":1,"cik":"0000916867","reported_name":"SPOGLI RONALD P","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2026-05-08T14:55:19.000Z","date":"2026-05-06","kind":"grant","planned":false,"acquired":true,"shares":3232,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as AO LTIP Units (\"AO LTIP Units\") granted pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The AO LTIP Units vest in full one (1) year from the grant date. Vested AO LTIP Units are convertible at the reporting person's election into vested LTIP Units (\"LTIP Units\") of Public Storage OP, which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes."}],"balance_after":3232,"derivative":{"exercise_price":308.98,"exercise_date":"2027-05-06","expiration_date":"2036-05-05","underlying":"Common Shares","underlying_shares":3232},"source":{"system":"sec-edgar","filing":"0000916867-26-000008","document":"wk-form4_1778252116.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/916867/000091686726000008/wk-form4_1778252116.xml","form_type":"4"}},{"id":786405,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":39983,"kind":"person","name":"GUSTAVSON TAMARA HUGHES","position":1,"cik":"0001322750","reported_name":"GUSTAVSON TAMARA HUGHES","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2026-05-08T14:55:12.000Z","date":"2026-05-06","kind":"grant","planned":false,"acquired":true,"shares":3232,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as AO LTIP Units (\"AO LTIP Units\") granted pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The AO LTIP Units vest in full one (1) year from the grant date. Vested AO LTIP Units are convertible at the reporting person's election into vested LTIP Units (\"LTIP Units\") of Public Storage OP, which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes."}],"balance_after":3232,"derivative":{"exercise_price":308.98,"exercise_date":"2027-05-06","expiration_date":"2036-05-05","underlying":"Common Shares","underlying_shares":3232},"source":{"system":"sec-edgar","filing":"0001322750-26-000002","document":"wk-form4_1778252110.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1322750/000132275026000002/wk-form4_1778252110.xml","form_type":"4"}},{"id":786406,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":40468,"kind":"person","name":"Owen Rebecca L","position":1,"cik":"0001331684","reported_name":"Owen Rebecca L","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2026-05-08T14:55:06.000Z","date":"2026-05-06","kind":"grant","planned":false,"acquired":true,"shares":3232,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as AO LTIP Units (\"AO LTIP Units\") granted pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The AO LTIP Units vest in full one (1) year from the grant date. Vested AO LTIP Units are convertible at the reporting person's election into vested LTIP Units (\"LTIP Units\") of Public Storage OP, which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes."}],"balance_after":3232,"derivative":{"exercise_price":308.98,"exercise_date":"2027-05-06","expiration_date":"2036-05-05","underlying":"Common Shares","underlying_shares":3232},"source":{"system":"sec-edgar","filing":"0001331684-26-000004","document":"wk-form4_1778252103.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1331684/000133168426000004/wk-form4_1778252103.xml","form_type":"4"}},{"id":786451,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":47447,"kind":"person","name":"HAWTHORNE MARIA R","position":1,"cik":"0001227459","reported_name":"HAWTHORNE MARIA R","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2026-05-08T14:55:00.000Z","date":"2026-05-06","kind":"grant","planned":false,"acquired":true,"shares":3232,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as AO LTIP Units (\"AO LTIP Units\") granted pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The AO LTIP Units vest in full one (1) year from the grant date. Vested AO LTIP Units are convertible at the reporting person's election into vested LTIP Units (\"LTIP Units\") of Public Storage OP, which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes."}],"balance_after":3232,"derivative":{"exercise_price":308.98,"exercise_date":"2027-05-06","expiration_date":"2036-05-05","underlying":"Common Shares","underlying_shares":3232},"source":{"system":"sec-edgar","filing":"0001227459-26-000006","document":"wk-form4_1778252098.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1227459/000122745926000006/wk-form4_1778252098.xml","form_type":"4"}},{"id":786492,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":48686,"kind":"person","name":"POLADIAN AVEDICK BARUYR","position":1,"cik":"0001305254","reported_name":"POLADIAN AVEDICK BARUYR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2026-05-08T14:54:54.000Z","date":"2026-05-06","kind":"grant","planned":false,"acquired":true,"shares":3232,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as AO LTIP Units (\"AO LTIP Units\") granted pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The AO LTIP Units vest in full one (1) year from the grant date. Vested AO LTIP Units are convertible at the reporting person's election into vested LTIP Units (\"LTIP Units\") of Public Storage OP, which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes."}],"balance_after":3232,"derivative":{"exercise_price":308.98,"exercise_date":"2027-05-06","expiration_date":"2036-05-05","underlying":"Common Shares","underlying_shares":3232},"source":{"system":"sec-edgar","filing":"0001305254-26-000006","document":"wk-form4_1778252092.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1305254/000130525426000006/wk-form4_1778252092.xml","form_type":"4"}},{"id":786371,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":34348,"kind":"person","name":"Shaukat Tariq M","position":1,"cik":"0001545033","reported_name":"Shaukat Tariq M","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2026-05-08T14:54:48.000Z","date":"2026-05-06","kind":"grant","planned":false,"acquired":true,"shares":3232,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as AO LTIP Units (\"AO LTIP Units\") granted pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The AO LTIP Units vest in full one (1) year from the grant date. Vested AO LTIP Units are convertible at the reporting person's election into vested LTIP Units (\"LTIP Units\") of Public Storage OP, which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes."}],"balance_after":3232,"derivative":{"exercise_price":308.98,"exercise_date":"2027-05-06","expiration_date":"2036-05-05","underlying":"Common Shares","underlying_shares":3232},"source":{"system":"sec-edgar","filing":"0001545033-26-000002","document":"wk-form4_1778252086.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000154503326000002/wk-form4_1778252086.xml","form_type":"4"}},{"id":786450,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23073,"kind":"person","name":"HAVNER RONALD L JR","position":1,"cik":"0001227384","reported_name":"HAVNER RONALD L JR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2026-05-08T14:54:43.000Z","date":"2026-05-06","kind":"grant","planned":false,"acquired":true,"shares":3232,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as AO LTIP Units (\"AO LTIP Units\") granted pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The AO LTIP Units vest in full one (1) year from the grant date. Vested AO LTIP Units are convertible at the reporting person's election into vested LTIP Units (\"LTIP Units\") of Public Storage OP, which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes."}],"balance_after":3232,"derivative":{"exercise_price":308.98,"exercise_date":"2027-05-06","expiration_date":"2036-05-05","underlying":"Common Shares","underlying_shares":3232},"source":{"system":"sec-edgar","filing":"0001227384-26-000013","document":"wk-form4_1778252080.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1227384/000122738426000013/wk-form4_1778252080.xml","form_type":"4"}},{"id":786368,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":36769,"kind":"person","name":"Pipes Kristy","position":1,"cik":"0001783568","reported_name":"Pipes Kristy","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2026-05-08T14:54:38.000Z","date":"2026-05-06","kind":"grant","planned":false,"acquired":true,"shares":3232,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as AO LTIP Units (\"AO LTIP Units\") granted pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The AO LTIP Units vest in full one (1) year from the grant date. Vested AO LTIP Units are convertible at the reporting person's election into vested LTIP Units (\"LTIP Units\") of Public Storage OP, which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes."}],"balance_after":3232,"derivative":{"exercise_price":308.98,"exercise_date":"2027-05-06","expiration_date":"2036-05-05","underlying":"Common Shares","underlying_shares":3232},"source":{"system":"sec-edgar","filing":"0001783568-26-000004","document":"wk-form4_1778252075.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000178356826000004/wk-form4_1778252075.xml","form_type":"4"}},{"id":803282,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":33349,"kind":"person","name":"SPOGLI RONALD P","position":1,"cik":"0000916867","reported_name":"SPOGLI RONALD P","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-04-22T15:22:29.000Z","date":"2026-04-21","kind":"exercise","planned":false,"acquired":true,"shares":971.88,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."}],"balance_after":5909.6,"derivative":{"underlying":"Common Shares","underlying_shares":971.88},"source":{"system":"sec-edgar","filing":"0000916867-26-000006","document":"wk-form4_1776871347.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/916867/000091686726000006/wk-form4_1776871347.xml","form_type":"4"}},{"id":803281,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":33349,"kind":"person","name":"SPOGLI RONALD P","position":1,"cik":"0000916867","reported_name":"SPOGLI RONALD P","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2026-04-22T15:22:29.000Z","date":"2026-04-21","kind":"exercise","planned":false,"acquired":false,"shares":5163,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 5,163 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 5,163 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $250.29, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 5,163 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 5,163 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $250.29, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 5,163 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 5,163 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $250.29, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."}],"balance_after":0,"derivative":{"exercise_price":250.29,"exercise_date":"2017-04-25","expiration_date":"2026-04-24","underlying":"Common Shares","underlying_shares":5163},"source":{"system":"sec-edgar","filing":"0000916867-26-000006","document":"wk-form4_1776871347.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/916867/000091686726000006/wk-form4_1776871347.xml","form_type":"4"}},{"id":802633,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":48686,"kind":"person","name":"POLADIAN AVEDICK BARUYR","position":1,"cik":"0001305254","reported_name":"POLADIAN AVEDICK BARUYR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-04-22T15:14:50.000Z","date":"2026-04-20","kind":"exercise","planned":false,"acquired":true,"shares":1023.44,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."}],"balance_after":4784.71,"derivative":{"underlying":"Common Shares","underlying_shares":1023.44},"source":{"system":"sec-edgar","filing":"0001305254-26-000004","document":"wk-form4_1776870888.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1305254/000130525426000004/wk-form4_1776870888.xml","form_type":"4"}},{"id":802632,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":48686,"kind":"person","name":"POLADIAN AVEDICK BARUYR","position":1,"cik":"0001305254","reported_name":"POLADIAN AVEDICK BARUYR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2026-04-22T15:14:50.000Z","date":"2026-04-20","kind":"exercise","planned":false,"acquired":false,"shares":5163,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 5,163 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 5,163 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $250.29, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 5,163 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 5,163 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $250.29, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 5,163 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 5,163 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $250.29, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."}],"balance_after":0,"derivative":{"exercise_price":250.29,"exercise_date":"2017-04-25","expiration_date":"2026-04-24","underlying":"Common Shares","underlying_shares":5163},"source":{"system":"sec-edgar","filing":"0001305254-26-000004","document":"wk-form4_1776870888.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1305254/000130525426000004/wk-form4_1776870888.xml","form_type":"4"}},{"id":808098,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23073,"kind":"person","name":"HAVNER RONALD L JR","position":1,"cik":"0001227384","reported_name":"HAVNER RONALD L JR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-04-15T14:25:29.000Z","date":"2026-04-14","kind":"gift","planned":false,"acquired":false,"shares":734,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Reflects transfer of shares to Mr. Havner's trust."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 2,726.59 deferred share units. Mr. Havner postponed receipt of 10,000 vested restricted share units granted February 19, 2015 with an original vesting date of April 1, 2016 in accordance with the following schedule: 10 equal installments over 10 years starting April 1, 2021 to April 1, 2030. 4,000 remain subject to deferred receipt and are also included here."}],"balance_after":6726.59,"source":{"system":"sec-edgar","filing":"0001227384-26-000011","document":"wk-form4_1776263125.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1227384/000122738426000011/wk-form4_1776263125.xml","form_type":"4"}},{"id":809594,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":48686,"kind":"person","name":"POLADIAN AVEDICK BARUYR","position":1,"cik":"0001305254","reported_name":"POLADIAN AVEDICK BARUYR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-04-13T16:36:45.000Z","date":"2026-04-10","kind":"gift","planned":false,"acquired":true,"shares":2000,"price":0,"value":0.0,"ownership":{"direct":false,"nature":"By Trust 3"},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"On April 10, 2026, the reporting person transferred 2,000 common shares to each of three trusts of which he is trustee."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"AMMEA Trust #3, Avedick B. Poladian as trustee"}],"balance_after":2000,"source":{"system":"sec-edgar","filing":"0001305254-26-000002","document":"wk-form4_1776098202.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":6,"url":"https://www.sec.gov/Archives/edgar/data/1305254/000130525426000002/wk-form4_1776098202.xml","form_type":"4"}},{"id":809593,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":48686,"kind":"person","name":"POLADIAN AVEDICK BARUYR","position":1,"cik":"0001305254","reported_name":"POLADIAN AVEDICK BARUYR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-04-13T16:36:45.000Z","date":"2026-04-10","kind":"gift","planned":false,"acquired":false,"shares":2000,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"On April 10, 2026, the reporting person transferred 2,000 common shares to each of three trusts of which he is trustee."}],"balance_after":24163,"source":{"system":"sec-edgar","filing":"0001305254-26-000002","document":"wk-form4_1776098202.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1305254/000130525426000002/wk-form4_1776098202.xml","form_type":"4"}},{"id":809592,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":48686,"kind":"person","name":"POLADIAN AVEDICK BARUYR","position":1,"cik":"0001305254","reported_name":"POLADIAN AVEDICK BARUYR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-04-13T16:36:45.000Z","date":"2026-04-10","kind":"gift","planned":false,"acquired":true,"shares":2000,"price":0,"value":0.0,"ownership":{"direct":false,"nature":"By  Trust 2"},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"On April 10, 2026, the reporting person transferred 2,000 common shares to each of three trusts of which he is trustee."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"AMMEA Trust #2, Avedick B. Poladian as trustee"}],"balance_after":2000,"source":{"system":"sec-edgar","filing":"0001305254-26-000002","document":"wk-form4_1776098202.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1305254/000130525426000002/wk-form4_1776098202.xml","form_type":"4"}},{"id":809591,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":48686,"kind":"person","name":"POLADIAN AVEDICK BARUYR","position":1,"cik":"0001305254","reported_name":"POLADIAN AVEDICK BARUYR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-04-13T16:36:45.000Z","date":"2026-04-10","kind":"gift","planned":false,"acquired":false,"shares":2000,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"On April 10, 2026, the reporting person transferred 2,000 common shares to each of three trusts of which he is trustee."}],"balance_after":26163,"source":{"system":"sec-edgar","filing":"0001305254-26-000002","document":"wk-form4_1776098202.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1305254/000130525426000002/wk-form4_1776098202.xml","form_type":"4"}},{"id":809590,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":48686,"kind":"person","name":"POLADIAN AVEDICK BARUYR","position":1,"cik":"0001305254","reported_name":"POLADIAN AVEDICK BARUYR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-04-13T16:36:45.000Z","date":"2026-04-10","kind":"gift","planned":false,"acquired":true,"shares":2000,"price":0,"value":0.0,"ownership":{"direct":false,"nature":"By Trust 1"},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"On April 10, 2026, the reporting person transferred 2,000 common shares to each of three trusts of which he is trustee."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F2","text":"AMMEA Trust #1, Avedick B. Poladian as trustee"}],"balance_after":2000,"source":{"system":"sec-edgar","filing":"0001305254-26-000002","document":"wk-form4_1776098202.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1305254/000130525426000002/wk-form4_1776098202.xml","form_type":"4"}},{"id":809589,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":48686,"kind":"person","name":"POLADIAN AVEDICK BARUYR","position":1,"cik":"0001305254","reported_name":"POLADIAN AVEDICK BARUYR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-04-13T16:36:45.000Z","date":"2026-04-10","kind":"gift","planned":false,"acquired":false,"shares":2000,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"On April 10, 2026, the reporting person transferred 2,000 common shares to each of three trusts of which he is trustee."}],"balance_after":28163,"source":{"system":"sec-edgar","filing":"0001305254-26-000002","document":"wk-form4_1776098202.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1305254/000130525426000002/wk-form4_1776098202.xml","form_type":"4"}},{"id":815971,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23073,"kind":"person","name":"HAVNER RONALD L JR","position":1,"cik":"0001227384","reported_name":"HAVNER RONALD L JR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-04-03T16:40:32.000Z","date":"2026-04-01","kind":"tax_withholding","planned":false,"acquired":false,"shares":266,"price":276.24,"value":73479.84,"ownership":{"direct":true},"footnotes":[{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F1","text":"Includes 2,726.59 deferred share units. Mr. Havner postponed receipt of 10,000 vested restricted share units granted February 19, 2015 with an original vesting date of April 1, 2016 in accordance with the following schedule: 10 equal installments over 10 years starting April 1, 2021 to April 1, 2030. 4,000 remain subject to deferred receipt and are also included here."}],"balance_after":7460.59,"source":{"system":"sec-edgar","filing":"0001227384-26-000009","document":"wk-form4_1775234419.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1227384/000122738426000009/wk-form4_1775234419.xml","form_type":"4"}},{"id":821435,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":33349,"kind":"person","name":"SPOGLI RONALD P","position":1,"cik":"0000916867","reported_name":"SPOGLI RONALD P","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-04-02T14:48:57.000Z","date":"2026-03-31","kind":"grant","planned":false,"acquired":true,"shares":174,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"shares","element":"transactionShares","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"shares","element":"transactionShares","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."}],"balance_after":4937.72,"derivative":{"underlying":"Common Shares","underlying_shares":174},"source":{"system":"sec-edgar","filing":"0000916867-26-000004","document":"wk-form4_1775141334.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/916867/000091686726000004/wk-form4_1775141334.xml","form_type":"4"}},{"id":821434,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":33349,"kind":"person","name":"SPOGLI RONALD P","position":1,"cik":"0000916867","reported_name":"SPOGLI RONALD P","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-04-02T14:48:57.000Z","date":"2026-03-31","kind":"grant","planned":false,"acquired":true,"shares":6.5,"price":270.88,"value":1760.72,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) in lieu of dividend equivalents pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash dividend equivalents paid on DSUs for the applicable calendar quarter Mr. Spogli has elected to be paid in DSUs, divided by the Company's closing share price on the grant date. The DSUs will be settled in unrestricted common shares (i) in a lump sum on January 1st of the calendar year following Mr. Spogli's separation from service as a trustee or (ii) in a lump sum upon Mr. Spogli's earlier death or disability or upon an earlier change of control of the Company. In accordance with Mr. Spogli's election, dividend equivalents paid on these DSUs will be issued as additional DSUs."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 2,664.92 DSUs."}],"balance_after":12827.92,"source":{"system":"sec-edgar","filing":"0000916867-26-000004","document":"wk-form4_1775141334.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/916867/000091686726000004/wk-form4_1775141334.xml","form_type":"4"}},{"id":819213,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23073,"kind":"person","name":"HAVNER RONALD L JR","position":1,"cik":"0001227384","reported_name":"HAVNER RONALD L JR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-04-02T14:33:53.000Z","date":"2026-03-31","kind":"grant","planned":false,"acquired":true,"shares":342,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"shares","element":"transactionShares","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"shares","element":"transactionShares","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."}],"balance_after":147699.4,"derivative":{"underlying":"Common Shares","underlying_shares":342},"source":{"system":"sec-edgar","filing":"0001227384-26-000006","document":"wk-form4_1775140431.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1227384/000122738426000006/wk-form4_1775140431.xml","form_type":"4"}},{"id":819212,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23073,"kind":"person","name":"HAVNER RONALD L JR","position":1,"cik":"0001227384","reported_name":"HAVNER RONALD L JR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-04-02T14:33:53.000Z","date":"2026-03-31","kind":"grant","planned":false,"acquired":true,"shares":4.6,"price":270.88,"value":1246.048,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) in lieu of dividend equivalents pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash dividend equivalents paid on DSUs for the applicable calendar quarter Mr. Havner has elected to be paid in DSUs, divided by the Company's closing share price on the grant date. The DSUs will be settled in unrestricted common shares (i) in a lump sum upon Mr. Havner's separation from service as a trustee or (ii) in a lump sum upon Mr. Havner's earlier death or disability or upon an earlier change of control of the Company. In accordance with Mr. Havner's election, dividend equivalents paid on these DSUs will be issued as additional DSUs."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 2,726.59 DSUs. Mr. Havner postponed receipt of 10,000 vested restricted share units granted February 19, 2015 with an original vesting date of April 1, 2016 in accordance with the following schedule: 10 equal installments over 10 years starting April 1, 2021 to April 1, 2030. 5,000 remain subject to deferred receipt and are also included here."}],"balance_after":7726.59,"source":{"system":"sec-edgar","filing":"0001227384-26-000006","document":"wk-form4_1775140431.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1227384/000122738426000006/wk-form4_1775140431.xml","form_type":"4"}},{"id":819075,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":32689,"kind":"person","name":"PETHERBRIDGE LUKE J","position":1,"cik":"0001635270","reported_name":"PETHERBRIDGE LUKE J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-04-02T13:57:13.000Z","date":"2026-03-31","kind":"grant","planned":false,"acquired":true,"shares":128,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"shares","element":"transactionShares","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."}],"balance_after":336,"derivative":{"underlying":"Common Shares","underlying_shares":128},"source":{"system":"sec-edgar","filing":"0001635270-26-000004","document":"wk-form4_1775138231.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000163527026000004/wk-form4_1775138231.xml","form_type":"4"}},{"id":819076,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":14517,"kind":"person","name":"Mitra Shankh","position":1,"cik":"0001698445","reported_name":"Mitra Shankh","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-04-02T13:43:56.000Z","date":"2026-03-31","kind":"grant","planned":false,"acquired":true,"shares":128,"price":270.88,"value":34672.64,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of unrestricted Company common shares pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of shares granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in common shares, divided by the Company's closing share price on the grant date, rounded up to the nearest share."}],"balance_after":9024,"source":{"system":"sec-edgar","filing":"0001698445-26-000007","document":"wk-form4_1775137434.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000169844526000007/wk-form4_1775137434.xml","form_type":"4"}},{"id":819222,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":32745,"kind":"person","name":"WILLIAMS PAUL S","position":1,"cik":"0001236458","reported_name":"WILLIAMS PAUL S","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-04-02T13:33:33.000Z","date":"2026-03-31","kind":"grant","planned":false,"acquired":true,"shares":54,"price":270.88,"value":14627.52,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in DSUs, divided by the Company's closing share price on the grant date, rounded up to the nearest DSU. The DSUs will be settled in unrestricted common shares (i) in a lump sum following the reporting person's separation from service as a trustee or (ii) in a lump sum upon the reporting person's earlier death or disability or upon an earlier change of control of the Company."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 1,432 DSUs."}],"balance_after":1432,"source":{"system":"sec-edgar","filing":"0001236458-26-000006","document":"wk-form4_1775136810.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1236458/000123645826000006/wk-form4_1775136810.xml","form_type":"4"}},{"id":819211,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":54228,"kind":"person","name":"REYES JOHN","position":1,"cik":"0001227389","reported_name":"REYES JOHN","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-04-02T09:25:52.000Z","date":"2026-03-31","kind":"grant","planned":false,"acquired":true,"shares":123,"price":270.88,"value":33318.24,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in DSUs, divided by the Company's closing share price on the grant date, rounded up to the nearest DSU. The DSUs will be settled in unrestricted common shares (i) in a lump sum upon the reporting person's separation from service as a trustee or (ii) in a lump sum upon the reporting person's earlier death or disability or upon an earlier change of control of the Company."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 3,314 DSUs."}],"balance_after":3314,"source":{"system":"sec-edgar","filing":"0001227389-26-000010","document":"wk-form4_1775136350.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1227389/000122738926000010/wk-form4_1775136350.xml","form_type":"4"}},{"id":837169,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23258,"kind":"person","name":"Vitan Nathaniel A.","position":1,"cik":"0001774586","reported_name":"Vitan Nathaniel A.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Legal Officer"}}],"security":"LTIP Units","published_at":"2026-03-18T00:53:45.000Z","date":"2026-03-15","kind":"grant","planned":false,"acquired":true,"shares":3368,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"Reflects an award of LTIP Units of Public Storage OP, which, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into OP Units. OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"security","element":"securityTitle","label":"F5","text":"Reflects an award of performance-based LTIP Units (substituted on February 26, 2024 for an award of restricted share units originally granted March 15, 2023), subject to a three year (2023-2026) performance period. On February 26, 2024, the restricted share unit award was cancelled upon surrender to Public Storage and the reporting person received a replacement award of LTIP Units upon substantially identical terms. On March 15, 2026, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 100% of target, as reflected here."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Reflects an award of LTIP Units of Public Storage OP, which, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into OP Units. OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"shares","element":"transactionShares","label":"F5","text":"Reflects an award of performance-based LTIP Units (substituted on February 26, 2024 for an award of restricted share units originally granted March 15, 2023), subject to a three year (2023-2026) performance period. On February 26, 2024, the restricted share unit award was cancelled upon surrender to Public Storage and the reporting person received a replacement award of LTIP Units upon substantially identical terms. On March 15, 2026, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 100% of target, as reflected here."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Three-fifths of this award will vest on March 20, 2026, with the remaining vesting ratably over the next two years."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"Reflects an award of LTIP Units of Public Storage OP, which, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into OP Units. OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F6","text":"Includes 50,007.90 vested LTIP Units and 6,204 LTIP Units subject to time-based vesting."}],"balance_after":56211.9,"derivative":{"underlying":"Common Shares","underlying_shares":3368},"source":{"system":"sec-edgar","filing":"0001774586-26-000002","document":"wk-form4_1773795223.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000177458626000002/wk-form4_1773795223.xml","form_type":"4"}},{"id":837168,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23258,"kind":"person","name":"Vitan Nathaniel A.","position":1,"cik":"0001774586","reported_name":"Vitan Nathaniel A.","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Legal Officer"}}],"security":"AO LTIP Units","published_at":"2026-03-18T00:53:45.000Z","date":"2026-03-15","kind":"grant","planned":false,"acquired":true,"shares":12986,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as AO LTIP Units (\"AO LTIP Units\") granted pursuant to the Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. AO LTIP Units, if and as they become vested, are convertible at the reporting person's election into vested LTIP Units (\"LTIP Units\") of Public Storage OP, which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"security","element":"securityTitle","label":"F2","text":"Reflects an award of performance-based AO LTIP Units (substituted on February 26, 2024 for an award of stock options originally granted March 15, 2023), subject to a three year (2023-2026) performance period. As originally granted, this award was for 12,986 options (at target) with an exercise price of $288.56 per share. On February 26, 2024, the option award was cancelled upon surrender to Public Storage and the reporting person received a replacement award of AO LTIP Units upon substantially identical terms. On March 15, 2026, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 100% of target, as reflected here."},{"field":"shares","element":"transactionShares","label":"F2","text":"Reflects an award of performance-based AO LTIP Units (substituted on February 26, 2024 for an award of stock options originally granted March 15, 2023), subject to a three year (2023-2026) performance period. As originally granted, this award was for 12,986 options (at target) with an exercise price of $288.56 per share. On February 26, 2024, the option award was cancelled upon surrender to Public Storage and the reporting person received a replacement award of AO LTIP Units upon substantially identical terms. On March 15, 2026, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 100% of target, as reflected here."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Three-fifths of this award will vest on March 20, 2026, with the remaining vesting ratably over the next two years."}],"balance_after":12986,"derivative":{"exercise_price":288.56,"expiration_date":"2033-03-14","underlying":"Common Shares","underlying_shares":12986},"source":{"system":"sec-edgar","filing":"0001774586-26-000002","document":"wk-form4_1773795223.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000177458626000002/wk-form4_1773795223.xml","form_type":"4"}},{"id":838038,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":27762,"kind":"person","name":"Johnson Natalia","position":1,"cik":"0001726283","reported_name":"Johnson Natalia","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CD&TO"}}],"security":"LTIP Units","published_at":"2026-03-18T00:23:52.000Z","date":"2026-03-15","kind":"grant","planned":false,"acquired":true,"shares":6584,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"Reflects an award of LTIP Units of Public Storage OP, which, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into OP Units. OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"security","element":"securityTitle","label":"F5","text":"Reflects an award of performance-based LTIP Units (substituted on February 26, 2024 for an award of restricted share units originally granted March 15, 2023), subject to a three year (2023-2026) performance period. On February 26, 2024, the restricted share unit award was cancelled upon surrender to Public Storage and the reporting person received a replacement award of LTIP Units upon substantially identical terms. On March 15, 2026, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 100% of target, as reflected here."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Reflects an award of LTIP Units of Public Storage OP, which, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into OP Units. OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"shares","element":"transactionShares","label":"F5","text":"Reflects an award of performance-based LTIP Units (substituted on February 26, 2024 for an award of restricted share units originally granted March 15, 2023), subject to a three year (2023-2026) performance period. On February 26, 2024, the restricted share unit award was cancelled upon surrender to Public Storage and the reporting person received a replacement award of LTIP Units upon substantially identical terms. On March 15, 2026, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 100% of target, as reflected here."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Three-fifths of this award will vest on March 20, 2026, with the remaining vesting ratably over the next two years."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"Reflects an award of LTIP Units of Public Storage OP, which, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into OP Units. OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F6","text":"Includes 13,811 vested LTIP Units and 9,398 LTIP Units subject to time-based vesting."}],"balance_after":23209,"derivative":{"underlying":"Common Shares","underlying_shares":6584},"source":{"system":"sec-edgar","filing":"0001726283-26-000002","document":"wk-form4_1773793429.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1726283/000172628326000002/wk-form4_1773793429.xml","form_type":"4"}},{"id":838037,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":27762,"kind":"person","name":"Johnson Natalia","position":1,"cik":"0001726283","reported_name":"Johnson Natalia","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CD&TO"}}],"security":"AO LTIP Units","published_at":"2026-03-18T00:23:52.000Z","date":"2026-03-15","kind":"grant","planned":false,"acquired":true,"shares":25551,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as AO LTIP Units (\"AO LTIP Units\") granted pursuant to the Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. AO LTIP Units, if and as they become vested, are convertible at the reporting person's election into vested LTIP Units (\"LTIP Units\") of Public Storage OP, which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"security","element":"securityTitle","label":"F2","text":"Reflects an award of performance-based AO LTIP Units (substituted on February 26, 2024 for an award of stock options originally granted March 15, 2023), subject to a three year (2023-2026) performance period. As originally granted, this award was for 25,551 options (at target) with an exercise price of $288.56 per share. On February 26, 2024, the option award was cancelled upon surrender to Public Storage and the reporting person received a replacement award of AO LTIP Units upon substantially identical terms. On March 15, 2026, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 100% of target, as reflected here."},{"field":"shares","element":"transactionShares","label":"F2","text":"Reflects an award of performance-based AO LTIP Units (substituted on February 26, 2024 for an award of stock options originally granted March 15, 2023), subject to a three year (2023-2026) performance period. As originally granted, this award was for 25,551 options (at target) with an exercise price of $288.56 per share. On February 26, 2024, the option award was cancelled upon surrender to Public Storage and the reporting person received a replacement award of AO LTIP Units upon substantially identical terms. On March 15, 2026, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 100% of target, as reflected here."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Three-fifths of this award will vest on March 20, 2026, with the remaining vesting ratably over the next two years."}],"balance_after":25551,"derivative":{"exercise_price":288.56,"expiration_date":"2033-03-14","underlying":"Common Shares","underlying_shares":25551},"source":{"system":"sec-edgar","filing":"0001726283-26-000002","document":"wk-form4_1773793429.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1726283/000172628326000002/wk-form4_1773793429.xml","form_type":"4"}},{"id":837162,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":59864,"kind":"person","name":"Boyle Tom","position":1,"cik":"0001734897","reported_name":"Boyle Tom","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Investment Officer"}}],"security":"LTIP Units","published_at":"2026-03-17T23:48:51.000Z","date":"2026-03-15","kind":"grant","planned":false,"acquired":true,"shares":8837,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"Reflects an award of LTIP Units of Public Storage OP, which, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into OP Units. OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"security","element":"securityTitle","label":"F5","text":"Reflects an award of performance-based LTIP Units (substituted on February 26, 2024 for an award of restricted share units originally granted March 15, 2023), subject to a three year (2023-2026) performance period. On February 26, 2024, the restricted share unit award was cancelled upon surrender to Public Storage and the reporting person received a replacement award of LTIP Units upon substantially identical terms. On March 15, 2026, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 100% of target, as reflected here."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Reflects an award of LTIP Units of Public Storage OP, which, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into OP Units. OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"shares","element":"transactionShares","label":"F5","text":"Reflects an award of performance-based LTIP Units (substituted on February 26, 2024 for an award of restricted share units originally granted March 15, 2023), subject to a three year (2023-2026) performance period. On February 26, 2024, the restricted share unit award was cancelled upon surrender to Public Storage and the reporting person received a replacement award of LTIP Units upon substantially identical terms. On March 15, 2026, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 100% of target, as reflected here."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Reflects an award of LTIP Units of Public Storage OP, which, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into OP Units. OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"Reflects an award of LTIP Units of Public Storage OP, which, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into OP Units. OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F6","text":"Includes 18,885 vested LTIP Units and 13,401 LTIP Units subject to time-based vesting."}],"balance_after":32286,"derivative":{"underlying":"Common Shares","underlying_shares":8837},"source":{"system":"sec-edgar","filing":"0001734897-26-000006","document":"wk-form4_1773791329.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000173489726000006/wk-form4_1773791329.xml","form_type":"4"}},{"id":837161,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":59864,"kind":"person","name":"Boyle Tom","position":1,"cik":"0001734897","reported_name":"Boyle Tom","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Investment Officer"}}],"security":"AO LTIP Units","published_at":"2026-03-17T23:48:51.000Z","date":"2026-03-15","kind":"grant","planned":false,"acquired":true,"shares":34068,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as AO LTIP Units (\"AO LTIP Units\") granted pursuant to the Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. AO LTIP Units, if and as they become vested, are convertible at the reporting person's election into vested LTIP Units (\"LTIP Units\") of Public Storage OP, which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"security","element":"securityTitle","label":"F2","text":"Reflects an award of performance-based AO LTIP Units (substituted on February 26, 2024 for an award of stock options originally granted March 15, 2023), subject to a three year (2023-2026) performance period. As originally granted, this award was for 34,068 options (at target) with an exercise price of $288.56 per share.  On February 26, 2024, the option award was cancelled upon surrender to Public Storage and the reporting person received a replacement award of AO LTIP Units upon substantially identical terms. On March 15, 2026, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 100% of target, as reflected here."},{"field":"shares","element":"transactionShares","label":"F2","text":"Reflects an award of performance-based AO LTIP Units (substituted on February 26, 2024 for an award of stock options originally granted March 15, 2023), subject to a three year (2023-2026) performance period. As originally granted, this award was for 34,068 options (at target) with an exercise price of $288.56 per share.  On February 26, 2024, the option award was cancelled upon surrender to Public Storage and the reporting person received a replacement award of AO LTIP Units upon substantially identical terms. On March 15, 2026, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 100% of target, as reflected here."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Three-fifths of these AO LTIP Units will vest on March 20, 2026, with the remaining vesting ratably over the next two years."}],"balance_after":34068,"derivative":{"exercise_price":288.56,"expiration_date":"2033-03-14","underlying":"Common Shares","underlying_shares":34068},"source":{"system":"sec-edgar","filing":"0001734897-26-000006","document":"wk-form4_1773791329.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000173489726000006/wk-form4_1773791329.xml","form_type":"4"}},{"id":837406,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":59909,"kind":"person","name":"RUSSELL JOSEPH D JR","position":1,"cik":"0001230471","reported_name":"RUSSELL JOSEPH D JR","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"President and CEO"}}],"security":"LTIP Units","published_at":"2026-03-17T20:38:33.000Z","date":"2026-03-15","kind":"grant","planned":false,"acquired":true,"shares":10520,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F4","text":"Reflects an award of LTIP Units of Public Storage OP, which, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into OP Units. OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"security","element":"securityTitle","label":"F5","text":"Reflects an award of performance-based LTIP Units (substituted on February 26, 2024 for an award of restricted share units originally granted March 15, 2023), subject to a three year (2023-2026) performance period. On February 26, 2024, the restricted share unit award was cancelled upon surrender to Public Storage and the reporting person received a replacement award of LTIP Units upon substantially identical terms. On March 15, 2026, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 100% of target, as reflected here."},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Reflects an award of LTIP Units of Public Storage OP, which, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into OP Units. OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"shares","element":"transactionShares","label":"F5","text":"Reflects an award of performance-based LTIP Units (substituted on February 26, 2024 for an award of restricted share units originally granted March 15, 2023), subject to a three year (2023-2026) performance period. On February 26, 2024, the restricted share unit award was cancelled upon surrender to Public Storage and the reporting person received a replacement award of LTIP Units upon substantially identical terms. On March 15, 2026, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 100% of target, as reflected here."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Three-fifths of this award will vest on March 20, 2026, with the remaining vesting ratably over the next two years."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"Reflects an award of LTIP Units of Public Storage OP, which, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into OP Units. OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F6","text":"Includes 64,069.82 vested LTIP Units and 42,326 LTIP Units subject to time-based vesting."}],"balance_after":106395.82,"derivative":{"underlying":"Common Shares","underlying_shares":10520},"source":{"system":"sec-edgar","filing":"0001230471-26-000005","document":"wk-form4_1773794310.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1230471/000123047126000005/wk-form4_1773794310.xml","form_type":"4"}},{"id":837405,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":59909,"kind":"person","name":"RUSSELL JOSEPH D JR","position":1,"cik":"0001230471","reported_name":"RUSSELL JOSEPH D JR","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"President and CEO"}}],"security":"AO LTIP Units","published_at":"2026-03-17T20:38:33.000Z","date":"2026-03-15","kind":"grant","planned":false,"acquired":true,"shares":40555,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as AO LTIP Units (\"AO LTIP Units\") granted pursuant to the Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. AO LTIP Units, if and as they become vested, are convertible at the reporting person's election into vested LTIP Units (\"LTIP Units\") of Public Storage OP, which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"security","element":"securityTitle","label":"F2","text":"Reflects an award of performance-based AO LTIP Units (substituted on February 26, 2024 for an award of stock options originally granted March 15, 2023), subject to a three year (2023-2026) performance period. As originally granted, this award was for 40,555 options (at target) with an exercise price of $288.56 per share. On February 26, 2024, the option award was cancelled upon surrender to Public Storage and the reporting person received a replacement award of AO LTIP Units upon substantially identical terms. On March 15, 2026, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 100% of target, as reflected here."},{"field":"shares","element":"transactionShares","label":"F2","text":"Reflects an award of performance-based AO LTIP Units (substituted on February 26, 2024 for an award of stock options originally granted March 15, 2023), subject to a three year (2023-2026) performance period. As originally granted, this award was for 40,555 options (at target) with an exercise price of $288.56 per share. On February 26, 2024, the option award was cancelled upon surrender to Public Storage and the reporting person received a replacement award of AO LTIP Units upon substantially identical terms. On March 15, 2026, following completion of the performance period, the Compensation and Human Capital Committee certified performance at 100% of target, as reflected here."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Three-fifths of this award will vest on March 20, 2026, with the remaining vesting ratably over the next two years."}],"balance_after":40555,"derivative":{"exercise_price":288.56,"expiration_date":"2033-03-14","underlying":"Common Shares","underlying_shares":40555},"source":{"system":"sec-edgar","filing":"0001230471-26-000005","document":"wk-form4_1773794310.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1230471/000123047126000005/wk-form4_1773794310.xml","form_type":"4"}},{"id":843642,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":40468,"kind":"person","name":"Owen Rebecca L","position":1,"cik":"0001331684","reported_name":"Owen Rebecca L","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-03-13T18:01:35.000Z","date":"2026-03-12","kind":"exercise","planned":false,"acquired":true,"shares":1245.57,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."}],"balance_after":1245.57,"derivative":{"underlying":"Common Shares","underlying_shares":1245.57},"source":{"system":"sec-edgar","filing":"0001331684-26-000002","document":"wk-form4_1773424892.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1331684/000133168426000002/wk-form4_1773424892.xml","form_type":"4"}},{"id":843641,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":40468,"kind":"person","name":"Owen Rebecca L","position":1,"cik":"0001331684","reported_name":"Owen Rebecca L","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2026-03-13T18:01:35.000Z","date":"2026-03-12","kind":"exercise","planned":false,"acquired":false,"shares":4250,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"On May 7, 2024, the reporting person exchanged an option to purchase 10,327 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 10,327 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $210.48, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On May 7, 2024, the reporting person exchanged an option to purchase 10,327 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 10,327 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $210.48, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"On May 7, 2024, the reporting person exchanged an option to purchase 10,327 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 10,327 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $210.48, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"On May 7, 2024, the reporting person exchanged an option to purchase 10,327 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 10,327 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $210.48, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."}],"balance_after":6077,"derivative":{"exercise_price":210.48,"exercise_date":"2022-01-05","expiration_date":"2031-01-04","underlying":"Common Shares","underlying_shares":4250},"source":{"system":"sec-edgar","filing":"0001331684-26-000002","document":"wk-form4_1773424892.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1331684/000133168426000002/wk-form4_1773424892.xml","form_type":"4"}},{"id":865991,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":32745,"kind":"person","name":"WILLIAMS PAUL S","position":1,"cik":"0001236458","reported_name":"WILLIAMS PAUL S","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-03-04T01:47:19.000Z","date":"2026-03-02","kind":"exercise","planned":false,"acquired":true,"shares":1685.15,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."}],"balance_after":1685.15,"derivative":{"underlying":"Common Shares","underlying_shares":1685.15},"source":{"system":"sec-edgar","filing":"0001236458-26-000004","document":"wk-form4_1772588837.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1236458/000123645826000004/wk-form4_1772588837.xml","form_type":"4"}},{"id":865990,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":32745,"kind":"person","name":"WILLIAMS PAUL S","position":1,"cik":"0001236458","reported_name":"WILLIAMS PAUL S","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2026-03-04T01:47:19.000Z","date":"2026-03-02","kind":"exercise","planned":false,"acquired":false,"shares":6000,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 15,491 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 15,491 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $223.61, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 15,491 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 15,491 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $223.61, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 15,491 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 15,491 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $223.61, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 15,491 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 15,491 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $223.61, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."}],"balance_after":9491,"derivative":{"exercise_price":223.61,"exercise_date":"2022-01-01","expiration_date":"2030-12-31","underlying":"Common Shares","underlying_shares":6000},"source":{"system":"sec-edgar","filing":"0001236458-26-000004","document":"wk-form4_1772588837.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1236458/000123645826000004/wk-form4_1772588837.xml","form_type":"4"}},{"id":884195,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":59864,"kind":"person","name":"Boyle Tom","position":1,"cik":"0001734897","reported_name":"Boyle Tom","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Investment Officer"}}],"security":"AO LTIP Units","published_at":"2026-02-24T16:40:55.000Z","date":"2026-02-10","kind":"grant","planned":false,"acquired":true,"shares":229621,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects a promotion award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as AO LTIP Units (\"AO LTIP Units\") granted pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The AO LTIP Units vest as to 60% on the sixth anniversary of the grant date with the remaining 40% vesting ratably over the following two years. [footnote continues]"},{"field":"security","element":"securityTitle","label":"F2","text":"[continued from footnote] Vested AO LTIP Units are convertible at the reporting person's election into vested LTIP Units (\"LTIP Units\") of Public Storage OP, which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"shares","element":"transactionShares","label":"F3","text":"The original Form 4, filed on February 12, 2026, is being amended by this Form 4 amendment solely to correct an administrative error, which inadvertently overstated the number of AO LTIP Units the reporting person was granted on February 10, 2026."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"These AO LTIP Units become exercisable as to 60% on February 10, 2032, 20% on February 10, 2033, and 20% on February 10, 2034."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F3","text":"The original Form 4, filed on February 12, 2026, is being amended by this Form 4 amendment solely to correct an administrative error, which inadvertently overstated the number of AO LTIP Units the reporting person was granted on February 10, 2026."}],"balance_after":229621,"derivative":{"exercise_price":350,"expiration_date":"2036-02-09","underlying":"Common Shares","underlying_shares":229621},"source":{"system":"sec-edgar","filing":"0001734897-26-000004","document":"wk-form4a_1771951252.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000173489726000004/wk-form4a_1771951252.xml","form_type":"4/A","original_submission_date":"2026-02-12"}},{"id":884391,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23073,"kind":"person","name":"HAVNER RONALD L JR","position":1,"cik":"0001227384","reported_name":"HAVNER RONALD L JR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"OP Options","published_at":"2026-02-24T15:06:49.000Z","date":"2026-02-20","kind":"purchase","planned":false,"acquired":true,"shares":112258,"price":44.54,"value":4999971.32,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects the private purchase by the reporting person from Public Storage OP, L.P. (\"Public Storage OP\") of out-of-the-money non-qualified options (\"OP Options\") to purchase common units (\"OP Units\") of Public Storage OP.  The OP Options become exercisable 100% on the sixth anniversary of the settlement date.  OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Reflects the private purchase by the reporting person from Public Storage OP, L.P. (\"Public Storage OP\") of out-of-the-money non-qualified options (\"OP Options\") to purchase common units (\"OP Units\") of Public Storage OP.  The OP Options become exercisable 100% on the sixth anniversary of the settlement date.  OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage."}],"balance_after":112258,"derivative":{"exercise_price":350,"exercise_date":"2032-02-20","expiration_date":"2036-02-20","underlying":"Common Shares","underlying_shares":112258},"source":{"system":"sec-edgar","filing":"0001227384-26-000004","document":"wk-form4_1771945607.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1227384/000122738426000004/wk-form4_1771945607.xml","form_type":"4"}},{"id":884194,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":14517,"kind":"person","name":"Mitra Shankh","position":1,"cik":"0001698445","reported_name":"Mitra Shankh","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"OP Options","published_at":"2026-02-24T15:05:51.000Z","date":"2026-02-20","kind":"purchase","planned":false,"acquired":true,"shares":561293,"price":44.54,"value":24999990.22,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects the private purchase by the reporting person from Public Storage OP, L.P. (\"Public Storage OP\") of out-of-the-money non-qualified options (\"OP Options\") to purchase common units (\"OP\nUnits\") of Public Storage OP. The OP Options become exercisable 100% on the sixth anniversary of the settlement date. OP Units may be exchanged by the reporting person for Public Storage common\nshares or the equivalent cash value of common shares, as determined by Public Storage."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Reflects the private purchase by the reporting person from Public Storage OP, L.P. (\"Public Storage OP\") of out-of-the-money non-qualified options (\"OP Options\") to purchase common units (\"OP\nUnits\") of Public Storage OP. The OP Options become exercisable 100% on the sixth anniversary of the settlement date. OP Units may be exchanged by the reporting person for Public Storage common\nshares or the equivalent cash value of common shares, as determined by Public Storage."}],"balance_after":561293,"derivative":{"exercise_price":350,"exercise_date":"2032-02-20","expiration_date":"2036-02-20","underlying":"Common Shares","underlying_shares":561293},"source":{"system":"sec-edgar","filing":"0001698445-26-000004","document":"wk-form4_1771945548.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000169844526000004/wk-form4_1771945548.xml","form_type":"4"}},{"id":896205,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":54228,"kind":"person","name":"REYES JOHN","position":1,"cik":"0001227389","reported_name":"REYES JOHN","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-02-18T10:47:23.000Z","date":"2026-02-13","kind":"grant","planned":false,"acquired":true,"shares":6980.49,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F4","text":"Includes 75,082.65 vested LTIP Units and/or OP Units and 1,500 LTIP Units subject to time-based vesting."}],"balance_after":76582.65,"derivative":{"underlying":"Common Shares","underlying_shares":6980.49},"source":{"system":"sec-edgar","filing":"0001227389-26-000008","document":"wk-form4_1771429640.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1227389/000122738926000008/wk-form4_1771429640.xml","form_type":"4"}},{"id":896204,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":54228,"kind":"person","name":"REYES JOHN","position":1,"cik":"0001227389","reported_name":"REYES JOHN","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2026-02-18T10:47:23.000Z","date":"2026-02-13","kind":"exercise","planned":false,"acquired":false,"shares":28275,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 103,275 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 103,275 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $226.20, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option. 75,000 of these AO LTIP Units were previously converted."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 103,275 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 103,275 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $226.20, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option. 75,000 of these AO LTIP Units were previously converted."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 103,275 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 103,275 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $226.20, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option. 75,000 of these AO LTIP Units were previously converted."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 103,275 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 103,275 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $226.20, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option. 75,000 of these AO LTIP Units were previously converted."}],"balance_after":0,"derivative":{"exercise_price":226.2,"exercise_date":"2017-02-15","expiration_date":"2026-02-14","underlying":"Common Shares","underlying_shares":28275},"source":{"system":"sec-edgar","filing":"0001227389-26-000008","document":"wk-form4_1771429640.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1227389/000122738926000008/wk-form4_1771429640.xml","form_type":"4"}},{"id":907244,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":59864,"kind":"person","name":"Boyle Tom","position":1,"cik":"0001734897","reported_name":"Boyle Tom","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"CFO and CIO"}}],"security":"AO LTIP Units","published_at":"2026-02-12T23:49:52.000Z","date":"2026-02-10","kind":"grant","planned":false,"acquired":true,"shares":242248,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects a promotion award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as AO LTIP Units (\"AO LTIP Units\") granted pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The AO LTIP Units vest as to 60% on the sixth anniversary of the grant date with the remaining 40% vesting ratably over the following two years. [footnote continues]"},{"field":"security","element":"securityTitle","label":"F2","text":"[continued from footnote] Vested AO LTIP Units are convertible at the reporting person's election into vested LTIP Units (\"LTIP Units\") of Public Storage OP, which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"These AO LTIP Units become exercisable as to 60% on February 10, 2032, 20% on February 10, 2033, and 20% on February 10, 2034."}],"balance_after":242248,"derivative":{"exercise_price":350,"expiration_date":"2036-02-09","underlying":"Common Shares","underlying_shares":242248},"source":{"system":"sec-edgar","filing":"0001734897-26-000002","document":"wk-form4_1770940190.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000173489726000002/wk-form4_1770940190.xml","form_type":"4"}},{"id":914257,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":54228,"kind":"person","name":"REYES JOHN","position":1,"cik":"0001227389","reported_name":"REYES JOHN","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-02-09T11:25:36.000Z","date":"2026-02-06","kind":"exercise","planned":false,"acquired":true,"shares":5296.17,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F4","text":"Includes 68,102.16 vested LTIP Units and/or OP Units and 1,500 LTIP Units subject to time-based vesting."}],"balance_after":69602.16,"derivative":{"underlying":"Common Shares","underlying_shares":5296.17},"source":{"system":"sec-edgar","filing":"0001227389-26-000006","document":"wk-form4_1770654334.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1227389/000122738926000006/wk-form4_1770654334.xml","form_type":"4"}},{"id":914256,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":54228,"kind":"person","name":"REYES JOHN","position":1,"cik":"0001227389","reported_name":"REYES JOHN","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2026-02-09T11:25:36.000Z","date":"2026-02-06","kind":"exercise","planned":false,"acquired":false,"shares":25000,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 103,275 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 103,275 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $226.20, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option. 50,000 of these AO LTIP Units were previously converted."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 103,275 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 103,275 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $226.20, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option. 50,000 of these AO LTIP Units were previously converted."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 103,275 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 103,275 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $226.20, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option. 50,000 of these AO LTIP Units were previously converted."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 103,275 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 103,275 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $226.20, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option. 50,000 of these AO LTIP Units were previously converted."}],"balance_after":28275,"derivative":{"exercise_price":226.2,"exercise_date":"2017-02-15","expiration_date":"2026-02-14","underlying":"Common Shares","underlying_shares":25000},"source":{"system":"sec-edgar","filing":"0001227389-26-000006","document":"wk-form4_1770654334.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1227389/000122738926000006/wk-form4_1770654334.xml","form_type":"4"}},{"id":927766,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":59909,"kind":"person","name":"RUSSELL JOSEPH D JR","position":1,"cik":"0001230471","reported_name":"RUSSELL JOSEPH D JR","relationship":{"director":true,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"President and CEO"}}],"security":"LTIP Units","published_at":"2026-01-29T10:19:36.000Z","date":"2026-01-27","kind":"grant","planned":false,"acquired":true,"shares":25207,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as LTIP Units (\"LTIP Units\") granted in connection with Public Storage's 2026 named executive officer equity compensation program and pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The LTIP Units vest in three (3) equal annual installments beginning one (1) year from the grant date. Vested LTIP Units are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as LTIP Units (\"LTIP Units\") granted in connection with Public Storage's 2026 named executive officer equity compensation program and pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The LTIP Units vest in three (3) equal annual installments beginning one (1) year from the grant date. Vested LTIP Units are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as LTIP Units (\"LTIP Units\") granted in connection with Public Storage's 2026 named executive officer equity compensation program and pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The LTIP Units vest in three (3) equal annual installments beginning one (1) year from the grant date. Vested LTIP Units are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for Public Storage common shares or the equivalent cash value of common shares, as determined by Public Storage. LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 55,046.82  vested LTIP Units and 40,829 LTIP Units subject to time-based vesting."}],"balance_after":95875.82,"derivative":{"underlying":"Common Shares","underlying_shares":25207},"source":{"system":"sec-edgar","filing":"0001230471-26-000003","document":"wk-form4_1769699972.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1230471/000123047126000003/wk-form4_1769699972.xml","form_type":"4"}},{"id":932081,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":54228,"kind":"person","name":"REYES JOHN","position":1,"cik":"0001227389","reported_name":"REYES JOHN","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-01-23T20:39:52.000Z","date":"2026-01-22","kind":"exercise","planned":false,"acquired":true,"shares":10534.58,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F3","text":"Common Shares are issued upon the redemption of OP Units on a one for one basis. OP Units have no expiration date."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F4","text":"Includes 62,805.99 vested LTIP Units and 1,500 LTIP Units subject to time-based vesting."}],"balance_after":64305.99,"derivative":{"underlying":"Common Shares","underlying_shares":10534.58},"source":{"system":"sec-edgar","filing":"0001227389-26-000004","document":"wk-form4_1769218789.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1227389/000122738926000004/wk-form4_1769218789.xml","form_type":"4"}},{"id":932080,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":54228,"kind":"person","name":"REYES JOHN","position":1,"cik":"0001227389","reported_name":"REYES JOHN","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2026-01-23T20:39:52.000Z","date":"2026-01-22","kind":"exercise","planned":false,"acquired":false,"shares":50000,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 103,275 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 103,275 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $226.20, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 103,275 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 103,275 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $226.20, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"On March 5, 2024, the reporting person exchanged an option to purchase 103,275 common shares of beneficial interest, par value $0.01 per share (\"Common Shares\"), of Public Storage (the \"Company\") for 103,275 limited partnership units in Public Storage OP, L.P. designated as AO LTIP Units (\"AO LTIP Units\"). AO LTIP Units are similar to \"net exercise\" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Public Storage OP, L.P. designated as LTIP Units (\"LTIP Units\"), determined by the quotient of (i) the excess of the value of a Common Share as of the date of the conversion over $226.20, divided by (ii) the value of a Common Share as of the date of conversion. Vested LTIP Units into which AO LTIP Units have been converted are further convertible, [footnote continued]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[Continued from footnote] conditioned upon minimum allocations to the capital accounts of the LTIP Units for U.S. federal income tax purposes, into an equal number of limited partnership units in Public Storage OP, L.P. (\"OP Units\"). The resulting OP Units are redeemable by the holder for one Common Share per OP Unit or the cash value of a Common Share, at the Company's option."}],"balance_after":53275,"derivative":{"exercise_price":226.2,"exercise_date":"2017-02-15","expiration_date":"2026-02-14","underlying":"Common Shares","underlying_shares":50000},"source":{"system":"sec-edgar","filing":"0001227389-26-000004","document":"wk-form4_1769218789.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1227389/000122738926000004/wk-form4_1769218789.xml","form_type":"4"}},{"id":955022,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23073,"kind":"person","name":"HAVNER RONALD L JR","position":1,"cik":"0001227384","reported_name":"HAVNER RONALD L JR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-01-02T17:12:18.000Z","date":"2025-12-31","kind":"grant","planned":false,"acquired":true,"shares":357,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"shares","element":"transactionShares","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"shares","element":"transactionShares","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F6","text":"Includes 144,232.40 vested LTIP Units and 3,125 LTIP Units subject to time-based vesting."}],"balance_after":147357.4,"derivative":{"underlying":"Common Shares","underlying_shares":357},"source":{"system":"sec-edgar","filing":"0001227384-26-000002","document":"wk-form4_1767373935.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1227384/000122738426000002/wk-form4_1767373935.xml","form_type":"4"}},{"id":955021,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23073,"kind":"person","name":"HAVNER RONALD L JR","position":1,"cik":"0001227384","reported_name":"HAVNER RONALD L JR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-01-02T17:12:18.000Z","date":"2025-12-30","kind":"grant","planned":false,"acquired":true,"shares":4.75,"price":261.13,"value":1240.3675,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) in lieu of dividend equivalents pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash dividend equivalents paid on DSUs for the applicable calendar quarter Mr. Havner has elected to be paid in DSUs, divided by the Company's closing share price on the grant date. The DSUs will be settled in unrestricted common shares (i) in a lump sum upon Mr. Havner's separation from service as a trustee or (ii) in a lump sum upon Mr. Havner's earlier death or disability or upon an earlier change of control of the Company. In accordance with Mr. Havner's election, dividend equivalents paid on these DSUs will be issued as additional DSUs."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 2,721.99 DSUs. Mr. Havner postponed receipt of 10,000 vested restricted share units granted February 19, 2015 with an original vesting date of April 1, 2016 in accordance with the following schedule: 10 equal installments over 10 years starting April 1, 2021 to April 1, 2030. 5,000 remain subject to deferred receipt and are also included here."}],"balance_after":7721.99,"source":{"system":"sec-edgar","filing":"0001227384-26-000002","document":"wk-form4_1767373935.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1227384/000122738426000002/wk-form4_1767373935.xml","form_type":"4"}},{"id":955730,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":33349,"kind":"person","name":"SPOGLI RONALD P","position":1,"cik":"0000916867","reported_name":"SPOGLI RONALD P","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-01-02T16:49:46.000Z","date":"2025-12-31","kind":"grant","planned":false,"acquired":true,"shares":164,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"shares","element":"transactionShares","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"shares","element":"transactionShares","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."}],"balance_after":4763.72,"derivative":{"underlying":"Common Shares","underlying_shares":164},"source":{"system":"sec-edgar","filing":"0000916867-26-000002","document":"wk-form4_1767372583.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/916867/000091686726000002/wk-form4_1767372583.xml","form_type":"4"}},{"id":955729,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":33349,"kind":"person","name":"SPOGLI RONALD P","position":1,"cik":"0000916867","reported_name":"SPOGLI RONALD P","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-01-02T16:49:46.000Z","date":"2025-12-30","kind":"grant","planned":false,"acquired":true,"shares":6.7,"price":261.13,"value":1749.571,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) in lieu of dividend equivalents pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash dividend equivalents paid on DSUs for the applicable calendar quarter Mr. Spogli has elected to be paid in DSUs, divided by the Company's closing share price on the grant date. The DSUs will be settled in unrestricted common shares (i) in a lump sum on January 1st of the calendar year following Mr. Spogli's separation from service as a trustee or (ii) in a lump sum upon Mr. Spogli's earlier death or disability or upon an earlier change of control of the Company. In accordance with Mr. Spogli's election, dividend equivalents paid on these DSUs will be issued as additional DSUs."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 2,658.42 DSUs."}],"balance_after":12821.42,"source":{"system":"sec-edgar","filing":"0000916867-26-000002","document":"wk-form4_1767372583.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/916867/000091686726000002/wk-form4_1767372583.xml","form_type":"4"}},{"id":955031,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":32745,"kind":"person","name":"WILLIAMS PAUL S","position":1,"cik":"0001236458","reported_name":"WILLIAMS PAUL S","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-01-02T16:22:50.000Z","date":"2025-12-31","kind":"grant","planned":false,"acquired":true,"shares":77,"price":259.5,"value":19981.5,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in DSUs, divided by the Company's closing share price on the grant date, rounded up to the nearest DSU. The DSUs will be settled in unrestricted common shares (i) in a lump sum following the reporting person's separation from service as a trustee or (ii) in a lump sum upon the reporting person's earlier death or disability or upon an earlier change of control of the Company."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 1,378 DSUs."}],"balance_after":1378,"source":{"system":"sec-edgar","filing":"0001236458-26-000002","document":"wk-form4_1767370967.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1236458/000123645826000002/wk-form4_1767370967.xml","form_type":"4"}},{"id":954956,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":14517,"kind":"person","name":"Mitra Shankh","position":1,"cik":"0001698445","reported_name":"Mitra Shankh","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-01-02T16:16:00.000Z","date":"2025-12-31","kind":"grant","planned":false,"acquired":true,"shares":128,"price":259.5,"value":33216.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of unrestricted Company common shares pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of shares granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in common shares, divided by the Company's closing share price on the grant date, rounded up to the nearest share."}],"balance_after":8896,"source":{"system":"sec-edgar","filing":"0001698445-26-000002","document":"wk-form4_1767370557.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000169844526000002/wk-form4_1767370557.xml","form_type":"4"}},{"id":954955,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":32689,"kind":"person","name":"PETHERBRIDGE LUKE J","position":1,"cik":"0001635270","reported_name":"PETHERBRIDGE LUKE J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2026-01-02T16:08:24.000Z","date":"2025-12-31","kind":"grant","planned":false,"acquired":true,"shares":128,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"shares","element":"transactionShares","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."}],"balance_after":208,"derivative":{"underlying":"Common Shares","underlying_shares":128},"source":{"system":"sec-edgar","filing":"0001635270-26-000002","document":"wk-form4_1767370102.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000163527026000002/wk-form4_1767370102.xml","form_type":"4"}},{"id":955020,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":54228,"kind":"person","name":"REYES JOHN","position":1,"cik":"0001227389","reported_name":"REYES JOHN","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2026-01-02T11:30:18.000Z","date":"2025-12-31","kind":"grant","planned":false,"acquired":true,"shares":128,"price":259.5,"value":33216.0,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's Amended and Restated 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in DSUs, divided by the Company's closing share price on the grant date, rounded up to the nearest DSU. The DSUs will be settled in unrestricted common shares (i) in a lump sum upon the reporting person's separation from service as a trustee or (ii) in a lump sum upon the reporting person's earlier death or disability or upon an earlier change of control of the Company."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 3,191 DSUs."}],"balance_after":3191,"source":{"system":"sec-edgar","filing":"0001227389-26-000002","document":"wk-form4_1767371413.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1227389/000122738926000002/wk-form4_1767371413.xml","form_type":"4"}},{"id":1026707,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":32745,"kind":"person","name":"WILLIAMS PAUL S","position":1,"cik":"0001236458","reported_name":"WILLIAMS PAUL S","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2025-10-02T20:32:35.000Z","date":"2025-09-30","kind":"grant","planned":false,"acquired":true,"shares":70,"price":288.85,"value":20219.5,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in DSUs, divided by the Company's closing share price on the grant date, rounded up to the nearest DSU. The DSUs will be settled in unrestricted common shares (i) in a lump sum following the reporting person's separation from service as a trustee or (ii) in a lump sum upon the reporting person's earlier death or disability or upon an earlier change of control of the Company."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 1,301 DSUs."}],"balance_after":1301,"source":{"system":"sec-edgar","filing":"0001236458-25-000003","document":"wk-form4_1759437151.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1236458/000123645825000003/wk-form4_1759437151.xml","form_type":"4"}},{"id":1028359,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":33349,"kind":"person","name":"SPOGLI RONALD P","position":1,"cik":"0000916867","reported_name":"SPOGLI RONALD P","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2025-10-02T20:15:02.000Z","date":"2025-09-30","kind":"grant","planned":false,"acquired":true,"shares":148,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"shares","element":"transactionShares","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"shares","element":"transactionShares","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."}],"balance_after":4599.72,"derivative":{"underlying":"Common Shares","underlying_shares":148},"source":{"system":"sec-edgar","filing":"0000916867-25-000003","document":"wk-form4_1759436099.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/916867/000091686725000003/wk-form4_1759436099.xml","form_type":"4"}},{"id":1028358,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":33349,"kind":"person","name":"SPOGLI RONALD P","position":1,"cik":"0000916867","reported_name":"SPOGLI RONALD P","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2025-10-02T20:15:02.000Z","date":"2025-09-30","kind":"grant","planned":false,"acquired":true,"shares":5.97,"price":288.85,"value":1724.4345,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) in lieu of dividend equivalents pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash dividend equivalents paid on DSUs for the applicable calendar quarter Mr. Spogli has elected to be paid in DSUs, divided by the Company's closing share price on the grant date. The DSUs will be settled in unrestricted common shares (i) in a lump sum on January 1st of the calendar year following Mr. Spogli's separation from service as a trustee or (ii) in a lump sum upon Mr. Spogli's earlier death or disability or upon an earlier change of control of the Company. In accordance with Mr. Spogli's election, dividend equivalents paid on these DSUs will be issued as additional DSUs."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 2,651.72 DSUs."}],"balance_after":12814.72,"source":{"system":"sec-edgar","filing":"0000916867-25-000003","document":"wk-form4_1759436099.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/916867/000091686725000003/wk-form4_1759436099.xml","form_type":"4"}},{"id":1026598,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":32689,"kind":"person","name":"PETHERBRIDGE LUKE J","position":1,"cik":"0001635270","reported_name":"PETHERBRIDGE LUKE J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2025-10-02T19:23:53.000Z","date":"2025-09-30","kind":"grant","planned":false,"acquired":true,"shares":80,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"shares","element":"transactionShares","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F1","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."}],"balance_after":80,"derivative":{"underlying":"Common Shares","underlying_shares":80},"source":{"system":"sec-edgar","filing":"0001635270-25-000006","document":"wk-form4_1759433030.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000163527025000006/wk-form4_1759433030.xml","form_type":"4"}},{"id":1026597,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":14517,"kind":"person","name":"Mitra Shankh","position":1,"cik":"0001698445","reported_name":"Mitra Shankh","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2025-10-02T18:51:16.000Z","date":"2025-09-30","kind":"grant","planned":false,"acquired":true,"shares":115,"price":288.85,"value":33217.75,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of unrestricted Company common shares pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of shares granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in common shares, divided by the Company's closing share price on the grant date, rounded up to the nearest share."}],"balance_after":8768,"source":{"system":"sec-edgar","filing":"0001698445-25-000003","document":"wk-form4_1759431073.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000169844525000003/wk-form4_1759431073.xml","form_type":"4"}},{"id":1026699,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23073,"kind":"person","name":"HAVNER RONALD L JR","position":1,"cik":"0001227384","reported_name":"HAVNER RONALD L JR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2025-10-02T18:05:46.000Z","date":"2025-09-30","kind":"grant","planned":false,"acquired":true,"shares":321,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"shares","element":"transactionShares","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"shares","element":"transactionShares","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F6","text":"Includes 143,875.40 vested LTIP Units and 3,125 LTIP Units subject to time-based vesting."}],"balance_after":147000.4,"derivative":{"underlying":"Common Shares","underlying_shares":321},"source":{"system":"sec-edgar","filing":"0001227384-25-000004","document":"wk-form4_1759428343.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1227384/000122738425000004/wk-form4_1759428343.xml","form_type":"4"}},{"id":1026698,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23073,"kind":"person","name":"HAVNER RONALD L JR","position":1,"cik":"0001227384","reported_name":"HAVNER RONALD L JR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2025-10-02T18:05:46.000Z","date":"2025-09-30","kind":"grant","planned":false,"acquired":true,"shares":4.22,"price":288.85,"value":1218.947,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) in lieu of dividend equivalents pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash dividend equivalents paid on DSUs for the applicable calendar quarter Mr. Havner has elected to be paid in DSUs, divided by the Company's closing share price on the grant date. The DSUs will be settled in unrestricted common shares (i) in a lump sum upon Mr. Havner's separation from service as a trustee or (ii) in a lump sum upon Mr. Havner's earlier death or disability or upon an earlier change of control of the Company. In accordance with Mr. Havner's election, dividend equivalents paid on these DSUs will be issued as additional DSUs."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 2,717.24 deferred share units. Mr. Havner postponed receipt of 10,000 vested restricted share units granted February 19, 2015 with an original vesting date of April 1, 2016 in accordance with the following schedule: 10 equal installments over 10 years starting April 1, 2021 to April 1, 2030. 5,000 remain subject to deferred receipt and are also included here."}],"balance_after":7717.24,"source":{"system":"sec-edgar","filing":"0001227384-25-000004","document":"wk-form4_1759428343.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1227384/000122738425000004/wk-form4_1759428343.xml","form_type":"4"}},{"id":1026696,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":54228,"kind":"person","name":"REYES JOHN","position":1,"cik":"0001227389","reported_name":"REYES JOHN","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2025-10-02T16:00:29.000Z","date":"2025-09-30","kind":"grant","planned":false,"acquired":true,"shares":115,"price":288.85,"value":33217.75,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in DSUs, divided by the Company's closing share price on the grant date, rounded up to the nearest DSU. The DSUs will be settled in unrestricted common shares (i) in a lump sum upon the reporting person's separation from service as a trustee or (ii) in a lump sum upon the reporting person's earlier death or disability or upon an earlier change of control of the Company."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 3,063 DSUs."}],"balance_after":3063,"source":{"system":"sec-edgar","filing":"0001227389-25-000003","document":"wk-form4_1759435205.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1227389/000122738925000003/wk-form4_1759435205.xml","form_type":"4"}},{"id":1069908,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":32689,"kind":"person","name":"PETHERBRIDGE LUKE J","position":1,"cik":"0001635270","reported_name":"PETHERBRIDGE LUKE J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2025-08-11T17:54:24.000Z","date":"2025-08-08","kind":"purchase","planned":false,"acquired":true,"shares":700,"price":284.25,"value":198975.0,"ownership":{"direct":true},"balance_after":700,"source":{"system":"sec-edgar","filing":"0001635270-25-000004","document":"wk-form4_1754934860.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000163527025000004/wk-form4_1754934860.xml","form_type":"4"}},{"id":1078200,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":32689,"kind":"person","name":"PETHERBRIDGE LUKE J","position":1,"cik":"0001635270","reported_name":"PETHERBRIDGE LUKE J","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"AO LTIP Units","published_at":"2025-07-31T17:26:34.000Z","date":"2025-07-30","kind":"grant","planned":false,"acquired":true,"shares":10022,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"security","element":"securityTitle","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as AO LTIP Units (\"AO LTIP Units\") granted pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The AO LTIP Units vest in full one (1) year from the grant date. Vested AO LTIP Units are convertible at the reporting person's election into vested LTIP Units (\"LTIP Units\"), which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for common shares, par value $0.10 per share (\"Common Shares\"), of Public Storage or the equivalent cash value of Common Shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"Reflects an award of membership interests in Public Storage OP, L.P. (\"Public Storage OP\") designated as AO LTIP Units (\"AO LTIP Units\") granted pursuant to the Amended and Restated Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan. The AO LTIP Units vest in full one (1) year from the grant date. Vested AO LTIP Units are convertible at the reporting person's election into vested LTIP Units (\"LTIP Units\"), which are convertible, conditioned upon the satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). OP Units may be exchanged by the reporting person for common shares, par value $0.10 per share (\"Common Shares\"), of Public Storage or the equivalent cash value of Common Shares, as determined by Public Storage. AO LTIP Units and LTIP Units are intended to qualify as profits interests for US federal income tax purposes."}],"balance_after":10022,"derivative":{"exercise_price":288.65,"exercise_date":"2026-07-30","expiration_date":"2035-07-29","underlying":"Common Shares","underlying_shares":10022},"source":{"system":"sec-edgar","filing":"0001393311-25-000124","document":"wk-form4_1753982788.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000139331125000124/wk-form4_1753982788.xml","form_type":"4"}},{"id":1097627,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":14517,"kind":"person","name":"Mitra Shankh","position":1,"cik":"0001698445","reported_name":"Mitra Shankh","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2025-07-01T23:23:17.000Z","date":"2025-06-30","kind":"grant","planned":false,"acquired":true,"shares":113,"price":293.42,"value":33156.46,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of unrestricted Company common shares pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of shares granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in common shares, divided by the Company's closing share price on the grant date, rounded up to the nearest share."}],"balance_after":8653,"source":{"system":"sec-edgar","filing":"0001393311-25-000110","document":"wk-form4_1751412191.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1393311/000139331125000110/wk-form4_1751412191.xml","form_type":"4"}},{"id":1097690,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":32745,"kind":"person","name":"WILLIAMS PAUL S","position":1,"cik":"0001236458","reported_name":"WILLIAMS PAUL S","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2025-07-01T21:21:33.000Z","date":"2025-06-30","kind":"grant","planned":false,"acquired":true,"shares":68,"price":293.42,"value":19952.56,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in DSUs, divided by the Company's closing share price on the grant date, rounded up to the nearest DSU. The DSUs will be settled in unrestricted common shares (i) in a lump sum following the reporting person's separation from service as a trustee or (ii) in a lump sum upon the reporting person's earlier death or disability or upon an earlier change of control of the Company."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 1,231 DSUs."}],"balance_after":1231,"source":{"system":"sec-edgar","filing":"0001393311-25-000108","document":"wk-form4_1751404886.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1236458/000139331125000108/wk-form4_1751404886.xml","form_type":"4"}},{"id":1098494,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":33349,"kind":"person","name":"SPOGLI RONALD P","position":1,"cik":"0000916867","reported_name":"SPOGLI RONALD P","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2025-07-01T20:57:23.000Z","date":"2025-06-30","kind":"grant","planned":false,"acquired":true,"shares":145,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"shares","element":"transactionShares","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"shares","element":"transactionShares","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."}],"balance_after":4451.72,"derivative":{"underlying":"Common Shares","underlying_shares":145},"source":{"system":"sec-edgar","filing":"0001393311-25-000104","document":"wk-form4_1751403436.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/916867/000139331125000104/wk-form4_1751403436.xml","form_type":"4"}},{"id":1098493,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":33349,"kind":"person","name":"SPOGLI RONALD P","position":1,"cik":"0000916867","reported_name":"SPOGLI RONALD P","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2025-07-01T20:57:23.000Z","date":"2025-06-27","kind":"grant","planned":false,"acquired":true,"shares":5.88,"price":289.88,"value":1704.4944,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) in lieu of dividend equivalents pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash dividend equivalents paid on DSUs for the applicable calendar quarter Mr. Spogli has elected to be paid in DSUs, divided by the Company's closing share price on the grant date. The DSUs will be settled in unrestricted common shares (i) in a lump sum on January 1st of the calendar year following Mr. Spogli's separation from service as a trustee or (ii) in a lump sum upon Mr. Spogli's earlier death or disability or upon an earlier change of control of the Company. In accordance with Mr. Spogli's election, dividend equivalents paid on these DSUs will be issued as additional DSUs."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 2,645.75 DSUs."}],"balance_after":12808.75,"source":{"system":"sec-edgar","filing":"0001393311-25-000104","document":"wk-form4_1751403436.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/916867/000139331125000104/wk-form4_1751403436.xml","form_type":"4"}},{"id":1097680,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23073,"kind":"person","name":"HAVNER RONALD L JR","position":1,"cik":"0001227384","reported_name":"HAVNER RONALD L JR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"LTIP Units","published_at":"2025-07-01T18:40:56.000Z","date":"2025-06-30","kind":"grant","planned":false,"acquired":true,"shares":316,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"shares","element":"transactionShares","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"shares","element":"transactionShares","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"price","element":"transactionPricePerShare","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"price","element":"transactionPricePerShare","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F4","text":"Grant of fully-vested membership interests in Public Storage OP, L.P. (\"Public Storage OP\"), a subsidiary of the Company, designated as LTIP Units (\"LTIP Units\"), pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. The number of LTIP Units granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in LTIP Units, divided by the Company's closing share price on the grant date, rounded up to the nearest LTIP Unit. [footnote continues]"},{"field":"derivative.expiration_date","element":"expirationDate","label":"F5","text":"[footnote continued] LTIP Units are intended to qualify as profits interests for US federal income tax purposes and are convertible, conditioned upon the satisfaction of minimum allocations to the capital account of the LTIP Units for federal income tax purposes, into Common Units in Public Storage OP (\"OP Units\"). The resulting OP Units may be exchanged by the reporting person for common shares or the equivalent cash value of common shares, as determined by the Company."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F6","text":"Includes 143,554.40 vested LTIP Units and 3,125 LTIP Units subject to time-based vesting."}],"balance_after":146679.4,"derivative":{"underlying":"Common Shares","underlying_shares":316},"source":{"system":"sec-edgar","filing":"0001393311-25-000102","document":"wk-form4_1751395250.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1227384/000139331125000102/wk-form4_1751395250.xml","form_type":"4"}},{"id":1097679,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":23073,"kind":"person","name":"HAVNER RONALD L JR","position":1,"cik":"0001227384","reported_name":"HAVNER RONALD L JR","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2025-07-01T18:40:56.000Z","date":"2025-06-27","kind":"grant","planned":false,"acquired":true,"shares":4.17,"price":289.88,"value":1208.7996,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) in lieu of dividend equivalents pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash dividend equivalents paid on DSUs for the applicable calendar quarter Mr. Havner has elected to be paid in DSUs, divided by the Company's closing share price on the grant date. The DSUs will be settled in unrestricted common shares (i) in a lump sum upon Mr. Havner's separation from service as a trustee or (ii) in a lump sum upon Mr. Havner's earlier death or disability or upon an earlier change of control of the Company. In accordance with Mr. Havner's election, dividend equivalents paid on these DSUs will be issued as additional DSUs."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 2,713.02 deferred share units. Mr. Havner postponed receipt of 10,000 vested restricted share units granted February 19, 2015 with an original vesting date of April 1, 2016 in accordance with the following schedule: 10 equal installments over 10 years starting April 1, 2021 to April 1, 2030. 5,000 remain subject to deferred receipt and are also included here."}],"balance_after":7713.02,"source":{"system":"sec-edgar","filing":"0001393311-25-000102","document":"wk-form4_1751395250.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1227384/000139331125000102/wk-form4_1751395250.xml","form_type":"4"}},{"id":1097677,"issuer":{"id":1436,"kind":"organization","name":"Public Storage","symbol":"PSA"},"owners":[{"id":54228,"kind":"person","name":"REYES JOHN","position":1,"cik":"0001227389","reported_name":"REYES JOHN","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares","published_at":"2025-07-01T17:12:12.000Z","date":"2025-06-30","kind":"grant","planned":false,"acquired":true,"shares":113,"price":293.42,"value":33156.46,"ownership":{"direct":true},"footnotes":[{"field":"shares","element":"transactionShares","label":"F1","text":"Grant of fully-vested deferred share units (DSUs) pursuant to the Company's Non-Management Trustee Compensation and Deferral Program under the Company's 2021 Equity and Performance-Based Incentive Compensation Plan. Each DSU represents the right to receive one Company common share. The number of DSUs granted represents the quotient of the dollar amount of the portion of the cash retainers the reporting person has earned for the applicable calendar quarter and elected to be paid in DSUs, divided by the Company's closing share price on the grant date, rounded up to the nearest DSU. The DSUs will be settled in unrestricted common shares (i) in a lump sum upon the reporting person's separation from service as a trustee or (ii) in a lump sum upon the reporting person's earlier death or disability or upon an earlier change of control of the Company."},{"field":"balance_after","element":"sharesOwnedFollowingTransaction","label":"F2","text":"Includes 2,948 DSUs."}],"balance_after":2948,"source":{"system":"sec-edgar","filing":"0001393311-25-000106","document":"wk-form4_1751404325.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1227389/000139331125000106/wk-form4_1751404325.xml","form_type":"4"}}],"next_cursor":"2025-07-01T17:12:12.000000Z,1097677"}