Extra Space Storage CEO Gifts 7,692 Shares of Company Stock
Extra Space Storage Inc.
Subscribe to track EXR
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
Extra Space Storage CEO Gifts Shares
Company: Extra Space Storage Inc. (EXR) Form: 4 | Filed: 2025-11-07 Significance: Low
Insider: Margolis Joseph D Title: Chief Executive Officer | Relationship: Director, Officer
Transaction: • Type: Gift • Shares: 7,692 • Price: $0.00 • Value: $0 • Owned After: 203,503
Key Insight: The CEO made a gift of 7,692 shares. This non-market transaction has no direct cash value and represents a very small fraction of the company's outstanding shares.
Market Context: This transaction is a disposition via gift (Code G) and is generally not considered a signal of the insider's market sentiment. The total shares gifted represent less than 0.004% of shares outstanding.
Comprehensive Analysis
SEC Filing Analysis: Extra Space Storage Inc. (EXR)
Executive Summary
- Trading Significance: Low
- Key Takeaway: Joseph D. Margolis, CEO of Extra Space Storage, disposed of 7,692 shares as a gift, a non-market transaction with no monetary value.
- Market Impact: Neutral. This transaction is not indicative of a change in insider sentiment and is immaterial to the company's market capitalization.
Company Information
| Field | Value |
|---|---|
| Company | Extra Space Storage Inc. |
| Ticker Symbol | EXR |
| CIK | 0001289490 |
| Industry | REAL ESTATE INVESTMENT TRUSTS |
Insider Information
| Field | Value |
|---|---|
| Name | Margolis Joseph D |
| CIK | 0001330121 |
| Title/Position | Chief Executive Officer |
| Relationship | Director, Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2025-11-06 |
| Transaction Code | G (Gift) |
| Security Type | Common Stock |
| Shares Involved | 7,692 |
| Price Per Share | $0.00 |
| Total Value | $0 |
| Shares Owned After | 203,503 (Direct & Indirect) |
| Ownership Type | Indirect |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $0 |
| % of Market Cap | 0.0% |
| Shares Transacted | 7,692 |
| % of Shares Outstanding | 0.0036% |
| Post-Transaction Ownership | 203,503 shares (0.096% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The transaction has a value of $0 and is therefore financially immaterial against the company's $28.23 billion market capitalization.
- Ownership Concentration: The CEO's post-transaction ownership of 203,503 shares constitutes a minor stake of approximately 0.096% of total shares outstanding.
- Transaction Significance: The number of shares gifted is negligible, representing only 0.0036% of the company's outstanding shares. Such a small, non-market transaction is considered low significance.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: A gift of shares is a personal financial planning activity and not an open-market transaction. It does not reflect the insider's outlook on the company's future performance.
Volume & Sentiment
- Expected Volume Impact: None. As a non-market transaction, it does not affect trading volume.
- Sentiment Indicator: Neutral. The filing is informational and does not carry a bullish or bearish signal.
Additional Context
Transaction Notes
- Special Circumstances: The transaction is coded 'G' for Gift, indicating a disposition of shares without receiving any proceeds. The shares were held indirectly by a trust.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.