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Insider Trends: 90-Day Insider Selling Trend Added to at Life Storage

05/10/2021 12:10

04:09 PM EDT, 05/10/2021 (MT Newswires) -- Andrew J Gregoire, CFO, sold 5,000 shares in Life Storage (LSI) on May 07, 2021, for $477,750. Gregoire, after the transactions delineated in the SEC Form 4 filing, owns 101,293 shares of the company, which have a market value of $9.72 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 2 insider transactions reported to the SEC for Life Storage. These transactions came from the activities of 2 different insiders that resulted in a net disposition of 5,656 company shares. This compares with the preceding 90-day window of time where there were 8 transactions from 4 insiders and resulted in the net acquisition of 43,798 shares.

This is lower than the average level of insider transactions in the 6-company Self-Storage REITs peer group over the last 90-day period. Within the peer group activity averaged 112.3 transactions per company, with company insiders acquiring on average 387,137 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/944314/000154339621000010/xslF345X03/primary_doc.xml

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