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Insider Trends: Insider Sales Add to 90-Day Trend at Extra Space Storage

05/10/2021 14:00

06:00 PM EDT, 05/10/2021 (MT Newswires) -- Matthew T Herrington, EVP & COO, sold 860 shares in Extra Space Storage (EXR) for $125,668 on May 06, 2021. Following the Form 4 filing with the SEC, Herrington has 5,219 shares of company stock, which have a market value of $768,446 as of the prior-day closing price.

Over the last 90 days, previous to the date of this filing, there have been 24 insider transactions reported to the SEC for Extra Space Storage. These transactions came from the activities of 10 separate insiders that resulted in a net disposition of 34,130 company shares. This compares with the preceding 90-day window of time where there were 7 transactions from 6 insiders that resulted in the net disposition of 2,516 shares.

This level of insider transactions is below that of the peer group average in the 6-company Self-Storage REITs peer group over the last 90-day period. Peer group activity averaged 112.8 transactions per company, with company insiders acquiring on average 389,685 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1289490/000117911021005095/xslF345X03/edgar.xml

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