Extra Space Storage Inc filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits
$EXR
Real Estate Investment Trusts
Real Estate
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
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | ||||
On January 5, 2026, Extra Space Storage Inc. (the “Company”) announced that its Board of Directors has promoted Noah Springer, the Company’s current Executive Vice President, Chief Strategy and Partnership Officer, to President, effective January 5, 2026. Mr. Springer currently is responsible for the Company’s third-party management program, joint ventures, human resources department and other strategic initiatives. With Mr. Springer’s promotion to President, the Company’s operations function will also report to Mr. Springer.
Mr. Springer, 46, has served as the Company’s Executive Vice President, Chief Strategy and Partnership Officer since December 2020. Mr. Springer previously served as the Company’s Senior Vice President, Asset Management, Third Party Management, Construction and Property Development from April 2018 to December 2020 and Vice President, Strategic Partnerships and Third Party Management from January 2014 to April 2018. Mr. Springer served in other roles of increasing responsibility since joining the Company in 2006. Mr. Springer helped develop, lead and grow the Company’s third-party management platform, Management Plus, which today is the storage sector’s largest third-party management platform with over 1,800 locations. Prior to joining the Company, Mr. Springer served for several years in the banking industry. Mr. Springer holds a B.A. in Finance and an M.B.A. from the University of Utah.
Mr. Springer will continue to receive an annual base salary and remain eligible for an annual bonus, equity awards and other employee benefits in accordance with the Company’s executive compensation program.
| Item 7.01 | Regulation FD Disclosure | ||||
On January 5, 2026, the Company issued a press release announcing Mr. Springer’s appointment as the Company’s President. A copy of the press release is attached hereto as Exhibit 99.1. The information contained in Item 7.01 of this current report, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Such information shall not be incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
| Item 9.01 | Financial Statements and Exhibits | ||||
(d) The following exhibit is furnished herewith:
| Exhibit Number | Description of Exhibit | |||||||
Press Release dated January 5, 2026 | ||||||||
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document | |||||||
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.
| EXTRA SPACE STORAGE INC. | ||||||||||||||
| Date: | January 5, 2026 | By | /s/ Gwyn McNeal | |||||||||||
| Name: | Gwyn McNeal | |||||||||||||
| Title: | Executive Vice President and Chief Legal Officer | |||||||||||||