National Storage Affiliates Trust Announces Board and Officer Changes

TL;DR

NSA board shakeup, new execs appointed.

AI Summary

National Storage Affiliates Trust announced on August 15, 2024, changes in its board of directors and officer appointments. The filing details the departure of certain officers and directors, the election of new directors, and adjustments to compensatory arrangements for key personnel. Specific names and financial details related to these changes are not provided in this excerpt.

Why It Matters

Changes in leadership and board composition can signal shifts in company strategy, governance, and future performance.

Risk Assessment

Risk Level: medium — Changes in executive and board positions can introduce uncertainty regarding future strategy and operational direction.

Key Players & Entities

• National Storage Affiliates Trust (company) — Registrant

FAQ

Key Financial Figures

• $0.01 — Common Shares of Beneficial Interest, $0.01 par value per share NSA New York Stock
• $8.2 million — vest and its affiliates an aggregate of $8.2 million in cash and 548,944 Class A common unit
• $2.9 million — Mr. Allan's interest was approximately $2.9 million in cash and 209,333 Class A OP units, w
• $8.4 million — A OP units had a value of approximately $8.4 million based on the closing price of the Compa
• $4.8 million — nd administrative fees of approximately $4.8 million and $2.7 million, respectively, were pa
• $2.7 m — fees of approximately $4.8 million and $2.7 million, respectively, were paid to Optiv
• $1.7 million — Mr. Allan's interest was approximately $1.7 million and $1.0 million, respectively, excludi
• $1.0 m — rest was approximately $1.7 million and $1.0 million, respectively, excluding his shar
• $7.2 million — expense reimbursements of approximately $7.2 million and $4.3 million were paid to Optivest.
• $4.3 million — ments of approximately $7.2 million and $4.3 million were paid to Optivest. Of these, Mr. Al
• $2.5 million — Mr. Allan's interest was approximately $2.5 million and $1.5 million, respectively, excludi
• $1.5 m — rest was approximately $2.5 million and $1.5 million, respectively, excluding his shar
• $2.4 million — s fees and commissions of approximately $2.4 million and $1.1 million, respectively were pai
• $1.1 m — sions of approximately $2.4 million and $1.1 million, respectively were paid to an aff
• $0.8 million — Mr. Allan's interest was approximately $0.8 million and $0.4 million, respectively, excludi

Filing Documents

• nsa-20240815.htm (8-K) — 31KB
• 0001628280-24-037397.txt ( ) — 200KB
• nsa-20240815.xsd (EX-101.SCH) — 2KB
• nsa-20240815_def.xml (EX-101.DEF) — 16KB
• nsa-20240815_lab.xml (EX-101.LAB) — 28KB
• nsa-20240815_pre.xml (EX-101.PRE) — 16KB
• nsa-20240815_htm.xml (XML) — 5KB

SIGNATURES

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. NATIONAL STORAGE AFFILIATES TRUST By: /s/ David G. Cramer David G. Cramer President and Chief Executive Officer Date: August 15, 2024

View Full Filing

View this 8-K filing on SEC EDGAR