Public Storage — Director's Dealing 2025

May 9, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Public Storage (PSA)
CIK: 0001393311
Period of Report: 2025-05-07

Reporting Person: Mitra Shankh (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-05-07	Stock Option (Right to Buy)	$299.90	A	3177	Acquired	2035-05-06	Common Shares (3177)	Direct

Footnotes

F1: 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.