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Form 8-K

sec.gov

8-K — Public Storage

Accession: 0001193125-26-215591

Filed: 2026-05-11

Period: 2026-05-06

CIK: 0001393311

SIC: 6798 (REAL ESTATE INVESTMENT TRUSTS)

Item: Submission of Matters to a Vote of Security Holders

Item: Other Events

Documents

8-K — d138131d8k.htm (Primary)

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8-K

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): May 6, 2026

PUBLIC STORAGE

(Exact name of registrant as specified in its charter)

Maryland

001-33519

93-2834996

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

2811 Internet Boulevard

Frisco, Texas

75034

(Address of principal executive offices)

(Zip Code)

(469) 649-9486

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Class

Trading

Symbol

Name of exchange

on which registered

Common Shares, $0.10 par value

PSA

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 5.150% Cum Pref Share, Series F, $0.01 par value

PSAPrF

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 5.050% Cum Pref Share, Series G, $0.01 par value

PSAPrG

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 5.600% Cum Pref Share, Series H, $0.01 par value

PSAPrH

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 4.875% Cum Pref Share, Series I, $0.01 par value

PSAPrI

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 4.700% Cum Pref Share, Series J, $0.01 par value

PSAPrJ

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 4.750% Cum Pref Share, Series K, $0.01 par value

PSAPrK

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 4.625% Cum Pref Share, Series L, $0.01 par value

PSAPrL

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 4.125% Cum Pref Share, Series M, $0.01 par value

PSAPrM

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 3.875% Cum Pref Share, Series N, $0.01 par value

PSAPrN

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 3.900% Cum Pref Share, Series O, $0.01 par value

PSAPrO

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 4.000% Cum Pref Share, Series P, $0.01 par value

PSAPrP

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 3.950% Cum Pref Share, Series Q, $0.01 par value

PSAPrQ

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 4.000% Cum Pref Share, Series R, $0.01 par value

PSAPrR

New York Stock Exchange

Depositary Shares Each Representing 1/1,000 of a 4.100% Cum Pref Share, Series S, $0.01 par value

PSAPrS

New York Stock Exchange

Guarantee of 0.875% Senior Notes due 2032 issued by Public Storage Operating Company

PSA/32

New York Stock Exchange

Guarantee of 0.500% Senior Notes due 2030 issued by Public Storage Operating Company

PSA/30

New York Stock Exchange

Guarantee of 3.500% Senior Notes due 2034 issued by Public Storage Operating Company

PSA/34

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.07

Submission of Matters to a Vote of Security Holders

On May 6, 2026, Public Storage (the “Company”) held its 2026 Annual Meeting of Shareholders (the “Annual Meeting”). Three proposals were submitted to the Company’s shareholders for a vote at the Annual Meeting.

The three proposals are described in detail in the Company’s proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on March 27, 2026. The final results for the votes for each proposal are set forth below.

1.

The shareholders elected twelve trustees to the Board of Trustees to hold office until the 2027 Annual Meeting of Shareholders or until their successors are duly qualified and elected. The votes for each nominee were as follows:

Name

Votes For

Votes Against

Abstain

Broker Non-Votes

Shankh S. Mitra

119,776,622

38,269,586

602,176

5,685,946

H. Thomas Boyle

157,834,132

387,152

427,100

5,685,946

Tamara Hughes Gustavson

155,288,212

2,935,549

424,623

5,685,946

Ronald L. Havner, Jr.

154,723,194

3,486,377

438,813

5,685,946

Maria R. Hawthorne

155,152,627

2,865,615

630,142

5,685,946

Rebecca Owen

155,529,729

2,489,593

629,062

5,685,946

Luke Petherbridge

156,581,640

1,637,709

429,035

5,685,946

Kristy M. Pipes

151,715,145

6,508,371

424,868

5,685,946

Avedick B. Poladian

148,849,890

9,365,973

432,521

5,685,946

Tariq M. Shaukat

155,984,647

2,234,570

429,167

5,685,946

Ronald P. Spogli

153,037,264

5,178,852

432,268

5,685,946

Paul S. Williams

155,260,513

2,755,506

632,365

5,685,946

2.

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

Votes For

Votes Against

Abstain

Broker Non-Votes

153,511,123

4,450,802

686,459

5,685,946

3.

The shareholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026 as follows:

Votes For

Votes Against

Abstain

Broker Non-Votes

153,317,363

10,957,104

59,863

Item 8.01

Other Events

Subsequent to the Annual Meeting, the Board of Trustees approved the following committee assignments, effective May 6, 2026:

Audit Committee

Compensation and Human

Capital Committee

Nominating, Governance and

Sustainability Committee

Luke Petherbridge (Chair)

Avedick B. Poladian (Chair)

Kristy M. Pipes (Chair)

Maria R. Hawthorne

Rebecca Owen

Maria R. Hawthorne

Kristy M. Pipes

Ronald P. Spogli

Rebecca Owen

Avedick B. Poladian

Paul S. Williams

Paul S. Williams

Tariq M. Shaukat

Additionally, the Board of Trustees re-appointed Mr. Mitra to serve as the Chairman of the Board of Trustees.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

PUBLIC STORAGE

/s/ Nathaniel A. Vitan

Nathaniel A. Vitan

Date: May 11, 2026

Chief Legal Officer & Corporate Secretary

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Security Exchange Name

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Depositary Shares Each Representing 11000 Of A 4.750 Cum Pref Share Series K 0.01 Par Value [Member]

Document And Entity Information [Line Items]

Security 12b Title

Depositary Shares Each Representing 1/1,000 of a 4.750% Cum Pref Share, Series K, $0.01 par value

Trading Symbol

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Security Exchange Name

NYSE

Depositary Shares Each Representing 11000 Of A 4.625 Cum Pref Share Series L 0.01 Par Value [Member]

Document And Entity Information [Line Items]

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Document And Entity Information [Line Items]

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Security Exchange Name

NYSE

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Security Exchange Name

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Trading Symbol

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Security Exchange Name

NYSE

Depositary Shares Each Representing 11000 Of A 4.100 Cum Pref Share Series S 0.01 Par Value [Member]

Document And Entity Information [Line Items]

Security 12b Title

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Trading Symbol

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Guarantee Notes Due 2032 [Member]

Document And Entity Information [Line Items]

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Trading Symbol

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Security Exchange Name

NYSE

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