Public Storage 8-K, filed May 8, 2025
Public Storage (PSA)
About this 8-K
Public Storage filed this 8-K on May 8, 2025, reporting on events of May 7, 2025.
Items reported
- Item 5.07: Shareholder vote results
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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| Item 5.07 | Submission of Matters to a Vote of Security Holders |
On May 7, 2025, Public Storage (the “Company”) held its 2025 Annual Meeting of Shareholders (the “Annual Meeting”). Four proposals were submitted to the Company’s shareholders for a vote at the Annual Meeting.
The four proposals are described in detail in the Company’s proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on March 28, 2025. 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 2026 Annual Meeting 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 | ||||
| Ronald L. Havner, Jr. |
147,232,463 | 7,354,383 | 321,411 | 6,268,740 | ||||
| Tamara Hughes Gustavson |
151,014,244 | 3,600,915 | 293,098 | 6,268,740 | ||||
| Maria R. Hawthorne |
152,233,010 | 2,372,646 | 302,601 | 6,268,740 | ||||
| Shankh S. Mitra |
149,267,305 | 5,332,146 | 308,806 | 6,268,740 | ||||
| Rebecca Owen |
151,720,194 | 2,780,607 | 407,456 | 6,268,740 | ||||
| Kristy M. Pipes |
146,513,929 | 7,996,269 | 398,059 | 6,268,740 | ||||
| Avedick B. Poladian |
148,571,648 | 6,038,182 | 298,427 | 6,268,740 | ||||
| John Reyes |
152,122,869 | 2,489,465 | 295,923 | 6,268,740 | ||||
| Joseph D. Russell, Jr. |
153,258,138 | 1,352,350 | 297,769 | 6,268,740 | ||||
| Tariq M. Shaukat |
152,161,613 | 2,448,981 | 297,663 | 6,268,740 | ||||
| Ronald P. Spogli |
149,111,853 | 5,496,917 | 299,487 | 6,268,740 | ||||
| Paul S. Williams |
151,710,380 | 2,900,305 | 297,572 | 6,268,740 |
| 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 | |||
| 146,068,319 | 8,261,877 | 578,061 | 6,268,740 |
| 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, 2025 as follows: |
| Votes For |
Votes Against |
Abstain |
Broker Non-Votes | |||
| 150,644,964 | 10,465,075 | 66,958 | — |
| 4. | The shareholders approved the amendment and restatement of the Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan as follows: |
| Votes For |
Votes Against |
Abstain |
Broker Non-Votes | |||
| 148,626,926 | 5,766,271 | 515,060 | 6,268,740 |
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 | ||||||
| By: | /s/ Nathaniel A. Vitan | |||||
| Nathaniel A. Vitan | ||||||
| Date: May 8, 2025 | Senior Vice President, Chief Legal Officer & Corporate Secretary | |||||