45 unchanged sentences
Other Information
−Removed: During the three months ended December 31, 2024, none of our officers or directors adopted , modified or terminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non Rule 10b5-1 trading arrangement.”
+Added: During the three months ended December 31, 2025, none of our officers or directors adopted , modified or terminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non Rule 10b5-1 trading arrangement,” except as follows:
+Added: On December 12, 2025 , Joseph D.
+Added: Margolis , our Chief Executive Officer and Director , modified his trading plan adopted pursuant to Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended (the “10b5-1 Plan”).
+Added: The 10b5-1 Plan was adopted on February 28, 2025, and up to 30,000 shares of our common stock, par value $0.01 per share (“Common Stock”), could have been sold pursuant to the 10b5-1 Plan.
+Added: Prior to the modification of the 10b5-1 Plan, a total of 15,000 shares of Common Stock were sold thereunder.
+Added: The modification of the 10b5-1 Plan now allows for the sale of up to 7,500 shares of Common Stock from March 13, 2026 through March 17, 2026 subject to a limit price of $140.00 per share.
Disclosure Regarding Foreign Jurisdictions that Prevent Inspections
2 unchanged sentences
We have adopted a Code of Business Conduct and Ethics in compliance with rules of the SEC that applies to all of our personnel, including our board of directors, Chief Executive Officer, Chief Financial Officer and Chief Accounting Officer.
−Removed: The Code of Business Conduct and Ethics is available free of charge on the “Investor Relations—Corporate Governance” section of our web site at www.extraspace.com.
+Added: The Code of Business Conduct and Ethics is available free of charge on the “Investor Relations—Governance” section of our web site at www.extraspace.com.
We intend to satisfy any disclosure requirements under Item 5.05 of Form 8-K regarding amendment to, or waiver from, a provision of this Code of Business Conduct and Ethics by posting such information on our web site at the address and location specified above.
3 unchanged sentences
We have adopted an insider trading policy and procedures governing the purchase, sale, and/or other dispositions of our securities by our directors, officers, employees and other covered persons that are designed to promote compliance with insider trading laws, rules and regulations, and the New York Stock Exchange listing requirements, as applicable.
−Removed: A copy of our Insider Trading Compliance Program is filed as Exhibit 19.1 to this annual report on Form 10-K.
+Added: A copy of our Insider Trading Compliance Program is incorporated by reference as Exhibit 19.1 to this annual report on Form 10-K.
It is our policy to comply with U.S.
42 unchanged sentences
8-K September 22, 2021 4.2
−Removed: 4.6 Third Supplemental Indenture, dated as of March 31, 2022, among Extra Space Storage LP, as issuer, Extra Space Storage Inc., ESS Holdings Business Trust I and ESS Holdings Business Trust II, as guarantors, and Computershare Trust Company, N.A., as trustee, including the form of the Notes and the Guarantee.
−Removed: 8-K March 31, 2022 4.2
Exhibit Description Incorporated by Reference Filed Herewith
Form Date Number
+Added: 4.6 Third Supplemental Indenture, dated as of March 31, 2022, among Extra Space Storage LP, as issuer, Extra Space Storage Inc., ESS Holdings Business Trust I and ESS Holdings Business Trust II, as guarantors, and Computershare Trust Company, N.A., as trustee, including the form of the Notes and the Guarantee.
+Added: 8-K March 31, 2022 4.2
4.7 Fourth Supplemental Indenture, dated as of March 28, 2023, among Extra Space Storage LP, as issuer, Extra Space Storage Inc., ESS Holdings Business Trust I and ESS Holdings Business Trust II, as guarantors, and Computershare Trust Company, N.A., as trustee, including the form of the Notes and the Guarantee.
16 unchanged sentences
8-K January 19, 2024 4.2
−Removed: 4.16 Thirteenth Supplemental Indenture, dated as of August 12, 2024, among Extra Space Storage LP, as issuer, Extra Space Storage Inc., ESS Holdings Business Trust I and ESS Holdings Business Trust II, as guarantors, and Computershare Trust Company, N.A., as trustee, including the form of the Notes and the Guarantee.
−Removed: 8-K August 12, 2024 4.2
Exhibit Description Incorporated by Reference Filed Herewith
Form Date Number
+Added: 4.16 Thirteenth Supplemental Indenture, dated as of August 12, 2024, among Extra Space Storage LP, as issuer, Extra Space Storage Inc., ESS Holdings Business Trust I and ESS Holdings Business Trust II, as guarantors, and Computershare Trust Company, N.A., as trustee, including the form of the Notes and the Guarantee.
+Added: 8-K August 12, 2024 4.2
+Added: 4.17 Fourteenth Supplemental Indenture, dated as of March 19, 2025, among Extra Space Storage LP, as issuer, Extra Space Storage Inc., ESS Holdings Business Trust I and ESS Holdings Business Trust II, as guarantors, and Computershare Trust Company, N.A., as trustee, including the form of the Notes and the Guarantee.
+Added: 8-K March 19, 2025 4.2
+Added: 4.18 Fifteenth Supplemental Indenture, dated as of August 8, 2025, among Extra Space Storage LP, as issuer, Extra Space Storage Inc., ESS Holdings Business Trust I and ESS Holdings Business Trust II, as guarantors, and Computershare Trust Company, N.A., as trustee, including the form of the Notes and the Guarantee.
+Added: 8-K August 8, 2025 4.2
4.19 Base Indenture, dated as of June 20, 2016, among Life Storage, Inc., Life Storage LP and Wells Fargo Bank, National Association (incorporated by reference to Exhibit 4.2 to the Current Report on Form 10-K filed by Life Storage Inc.
8 unchanged sentences
8-K June 24, 2005 10.2
−Removed: 10.3 Promissory Note, dated June 25, 2007, among Extra Space Storage LP, H.
−Removed: James Knuppe and Barbara Knuppe.
−Removed: 8-K June 26, 2007 10.2
−Removed: 10.4 Pledge Agreement, dated June 25, 2007, among Extra Space Storage LP, H.
−Removed: James Knuppe and Barbara Knuppe.
−Removed: 8-K June 26, 2007 10.3
10.3 Membership Interest Purchase Agreement, dated as of April 13, 2012, between Extra Space Properties Sixty Three LLC and PRISA III Co-Investment LLC.
8-K April 16, 2012 10.1
−Removed: 10.6 Letter Agreement, dated as of November 22, 2013, amending the Contribution Agreement, dated June 15, 2007, among Extra Space Storage LP and various limited partnerships affiliated with AAAAA Rent-A-Space, and the Promissory Note, dated June 25, 2007, among Extra Space Storage LP, H.
−Removed: James Knuppe and Barbara Knuppe.
−Removed: 10-Q May 8, 2014 10.1
−Removed: 10.7 Letter Agreement, dated April 18, 2017, amending the Promissory Note and Waiving a Portion of the Series A Preferred Priority Return, among Extra Space Storage LP, ESS Holdings Business Trust I, H.
−Removed: James Knuppe and Barbara Knuppe.
−Removed: 10-Q May 5, 2017 10.1
10.4* Extra Space Storage Inc.
1 unchanged sentence
8-K August 31, 2010 10.1
−Removed: 10.9* 2015 Incentive Award Plan
−Removed: DEFA14A April 14, 2015 Definitive Proxy Statement
+Added: 10.5* Amended and Restated 2015 Incentive Award Plan
+Added: DEFA14A April 1, 2025 Appendix B
10.6* Form of 2015 Incentive Award Plan Performance Stock Award Agreement
8 unchanged sentences
10-K February 29, 2024 10.14
−Removed: 10.15 Third Amended and Restated Credit Agreement, dated as of June 22, 2023, by and among Extra Space Storage Inc., Extra Space Storage LP, U.S.
+Added: 10.11 Fourth Amended and Restated Credit Agreement, dated as of August 21, 2025, by and among Extra Space Storage Inc., Extra Space Storage LP, U.S.
Bank National Association, as administrative agent, certain other financial institutions acting as syndication agents, documentation agents and lead arrangers and book runners, and certain lenders party thereto.
−Removed: 8-K June 27, 2023 10.1
+Added: 8-K August 26, 2025 10.1
+Added: Exhibit Description Incorporated by Reference Filed Herewith
+Added: Form Date Number
10.12 Equity Distribution Agreement, dated as of April 15, 2024, among the Company, the Operating Partnership, the Sales Agents and the Forward Purchasers (incorporated by reference to Exhibit 1.2 to the Registration Statement on Form S-3 filed by Extra Space Storage Inc.
1 unchanged sentence
8-K April 15, 2024 1.1
−Removed: Exhibit Description Incorporated by Reference Filed Herewith
−Removed: Form Date Number
19.1 Insider Trading Compliance Policy and Procedures
+Added: 10-K February 28, 2025 19.1
21.1 Subsidiaries of the Company
26 unchanged sentences
February 20, 2026 By:
+Added: /s/ JEFF NORMAN
Executive Vice President and Chief Financial Officer
29 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.