Company: PSA-PH
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0000950170-25-046747
Chunk: 32

Company: Public Storage
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 32
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|-------:|:----|:--------------------------|----------:|:----|:-----------------------|-----------:|:----|:---------------------------------|-----------:|
| Joseph D. Russell, Jr. |     | $                     | 6,000,000 |     |                          | 19,096 |     |                           | 70,668.82 |     | $                      | 27,920,450 |     | $                                | 21,920,450 |
| Tom Boyle              |     | $                     | 2,900,000 |     |                          | 10,227 |     |                           | 23,449.00 |     | $                      | 10,474,583 |     | $                                |  7,574,583 |
| Natalia N. Johnson     |     | $                     | 2,500,000 |     |                          |  8,110 |     |                           | 16,625.00 |     | $                      |  7,693,574 |     | $                                |  5,193,574 |
| Chris C. Sambar        |     | $                     | 3,200,000 |     |                          |  4,355 |     |                           | 14,363.00 |     | $                      |  5,822,047 |     | $                                |  2,622,047 |
| Nathaniel A. Vitan     |     | $                     | 1,700,000 |     |                          |  2,364 |     |                           | 52,843.90 |     | $                      | 17,171,865 |     | $                                | 15,471,865 |

For each executive officer, includes qualifying common shares and common share equivalents in accordance with the security ownership guidelines described above.

Reflects the value of common shares and common share equivalents based on the closing price of our common shares on the NYSE on March 3, 2025 of $311.04.

As of the date of this proxy statement, all of our non-management trustees who have served for five years or more have met his/her stock ownership requirement. Refer to “Share Ownership of Trustees and Management” on page78of this proxy statement for additional information on the beneficial ownership of common shares by trustees and management.

The NGS Committee administers these stock ownership guidelines and may modify their terms and grant hardship exceptions in its discretion.

COMPENSATIONOF