Form 8-K · Current Report · Filed 2026-04-27
Public Storage Announces Acquisition of National Storage Affiliates Trust
Public Storage reported its first quarter 2026 financial results, showing a 32.8% increase in net income per share and a 2.4% increase in core FFO per share.
- Filer
- PSA PSA
- Filed
- Accession
- 0001628280-26-027484
- CIK
- 0001393311
- Signal
- High impact
- Source
- Official filing on sec.gov ↗
Details
The company also announced the pending acquisition of National Storage Affiliates Trust (NSA) in an all-stock transaction valued at approximately $10.5 billion. Other highlights include the appointment of Tom Boyle as CEO and Shank Mitra as Chairman, development and expansion plans, a strategic data science partnership with Welltower, and a public offering of $500 million in senior notes.
Items reported
Reported Item
Market reaction
Close before filing
$308.29
Next session
-3.6%
Since filing
+5.2%
Latest close
$324.17
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from PSA reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, PSA insiders reported 11 Form 4 transactions — flat net activity.
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