SmartStop Self Storage REIT, Inc. Files Definitive Proxy Statement

TL;DR

<b>SmartStop Self Storage REIT, Inc. has filed its Definitive Proxy Statement for the period ending June 25, 2024.</b>

AI Summary

SmartStop Self Storage REIT, Inc. (SMA) filed a Proxy Statement (DEF 14A) with the SEC on April 11, 2024. SmartStop Self Storage REIT, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 11, 2024. The filing covers the period ending June 25, 2024. The company's Central Index Key is 0001585389. SmartStop Self Storage REIT, Inc. was formerly known as Strategic Storage Trust II, Inc. The company's fiscal year ends on December 31.

Why It Matters

For investors and stakeholders tracking SmartStop Self Storage REIT, Inc., this filing contains several important signals. This filing is a routine requirement for publicly traded companies to provide shareholders with information regarding annual meetings, director elections, and executive compensation. Shareholders will be able to review proposals and vote on matters concerning the company's governance and operations.

Risk Assessment

Risk Level: low — SmartStop Self Storage REIT, Inc. shows low risk based on this filing. The filing is a standard DEF 14A, indicating routine corporate governance disclosures rather than significant new financial events or risks.

Analyst Insight

Review the proxy statement to understand upcoming shareholder votes, director nominations, and executive compensation details.

Key Numbers

• 0001585389 — Central Index Key (SmartStop Self Storage REIT, Inc.)
• 2024-06-25 — Conformed Period of Report (DEF 14A filing)
• 2024-04-11 — Filed as of Date (DEF 14A filing)
• 1231 — Fiscal Year End (SmartStop Self Storage REIT, Inc.)

Key Players & Entities

• SmartStop Self Storage REIT, Inc. (company) — Filer name
• 0001585389 (company) — Central Index Key
• Strategic Storage Trust II, Inc. (company) — Former company name
• 2024-06-25 (date) — Conformed period of report
• 2024-04-11 (date) — Filed as of date

FAQ

Industry Context

SmartStop Self Storage REIT, Inc. operates within the Real Estate Investment Trusts (REITs) sector, specifically focusing on self-storage facilities.

Regulatory Implications

As a REIT, the company is subject to specific regulations regarding its structure, operations, and distributions to shareholders.

What Investors Should Do

1. Review the proposals to be voted on at the shareholder meeting.
2. Examine the details of executive compensation packages.
3. Understand the nominations for the Board of Directors.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a standard disclosure document for public companies and does not represent a change from previous filings of the same type.

Key Financial Figures

• $134,000 — pay Computershare fees of approximately $134,000, plus out-of-pocket expenses, for its b
• $51,000 — . We also expect to incur approximately $51,000 in expenses 3 related to printing o

Filing Documents

• d782316ddef14a.htm (DEF 14A) — 907KB
• g782316g00a02.jpg (GRAPHIC) — 16KB
• g782316g00a03.jpg (GRAPHIC) — 29KB
• g782316g00a04.jpg (GRAPHIC) — 43KB
• g782316g00a05.jpg (GRAPHIC) — 45KB
• g782316g00a06.jpg (GRAPHIC) — 162KB
• g782316g00a07.jpg (GRAPHIC) — 45KB
• g782316g00a08.jpg (GRAPHIC) — 47KB
• g782316g00a09.jpg (GRAPHIC) — 118KB
• g782316g00k57.jpg (GRAPHIC) — 191KB
• g782316g00k58.jpg (GRAPHIC) — 148KB
• g782316g00p15.jpg (GRAPHIC) — 160KB
• g782316g00u01.jpg (GRAPHIC) — 61KB
• g782316g00u02.jpg (GRAPHIC) — 93KB
• g782316g00u03.jpg (GRAPHIC) — 63KB
• g782316g26c50.jpg (GRAPHIC) — 95KB
• 0001193125-24-092849.txt (&nbsp;) — 5067KB
• ck0001585389-20231231.xsd (EX-101.SCH) — 6KB
• ck0001585389-20231231_def.xml (EX-101.DEF) — 7KB
• ck0001585389-20231231_lab.xml (EX-101.LAB) — 10KB
• ck0001585389-20231231_pre.xml (EX-101.PRE) — 6KB
• d782316ddef14a_htm.xml (XML) — 275KB

From the Filing

DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 SmartStop Self Storage REIT, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. SMARTSTOP SELF STORAGE REIT, INC. 10 Terrace Road Ladera Ranch, California 92694 PROXY STATEMENT AND NOTICE OF ANNUAL MEETING OF STOCKHOLDERS To Be Held On Tuesday, June 25, 2024 at 9:00 a.m. (PDT) To the Stockholders of SmartStop Self Storage REIT, Inc.: We invite you to attend the annual meeting of stockholders of SmartStop Self Storage REIT, Inc., a Maryland corporation (the "Company," "we," "our" or "us"). As this meeting will be held virtually, you will be able to attend the annual meeting and vote and submit your questions during the annual meeting via live webcast by visiting meetnow.global/MXAHAL6 . At the annual meeting, stockholders will be asked to consider and vote upon: 1. the election of five directors, each to serve until the 2025 annual meeting of stockholders and until his or her successor is elected and qualifies; 2. the approval, on a non-binding, advisory basis, of the compensation of our named executive officers, as disclosed in this proxy statement; 3. the ratification of the appointment of BDO USA, P.C. as our independent registered public accounting firm for the year ending December 31, 2024; and 4. the transaction of such other business as may properly come before the annual meeting or any postponement or adjournment thereof. Our board of directors has fixed the close of business on March 31, 2024 as the record date for the determination of stockholders entitled to notice of and to vote at the annual meeting or any postponement or adjournment thereof. Only record holders of common stock, consisting of either Class A shares or Class T shares, at the close of business on the record date are entitled to notice of and to vote at the annual meeting. For further information regarding the matters to be acted upon at the annual meeting, I urge you to carefully read the accompanying proxy statement. If you have questions about these proposals or would like additional copies of the proxy statement, please contact Nicholas M. Look, our General Counsel and Secretary, via mail at 10 Terrace Road, Ladera Ranch, California 92694 or via telephone at (877) 327-3485. Whether you own a few or many shares and whether you plan to attend the live webcast or not, it is important that your shares be voted on matters that come before the annual meeting. None of our stockholders own more than 10% of our outstanding shares, so every stockholder's vote is important to us. To make voting easier for you, you may authorize a proxy to vote your shares in one of three ways: (1) by marking your votes on the enclosed proxy card, signing and dating it, and mailing it in the envelope provided; (2) by completing a proxy card at www.proxy-direct.com; or (3) by telephone at (800) 337-3503. If you sign and return your proxy card without specifying your choices, it will be understood that you wish to have your shares voted in accordance with the recommendations of our board of directors. You are cordially invited to attend the annual meeting by participating in the live webcast. Whether or not you plan to attend the live webcast, please authorize a proxy to vote your shares using one of the three prescribed methods. Your vote is very important. By Order of the Board of Directors, /s/ Nicholas M. Look Nicholas M. Look General Counsel and Secretary Ladera Ranch, California April 11, 2024 SMARTSTOP SELF STORAGE REIT, INC. 10 Terrace Road Ladera Ranch, California 92694 PROXY STATEMENT Introduction The accompanying proxy, mailed together with this proxy statement, is solicited by and on behalf of the board of directors of SmartStop Self Storage REIT, Inc., a Maryland corporation (the "Company") for use at the annual meeting of our stockholders and at any postponement or adjournment thereof. References in this proxy statement to "we," "us," "our," or like terms also refer to the Company. The mailing address of our principal executive offices is 10 Terrace Road, Ladera Ranch, California 92694. We expect to mail this proxy statement and the accompanying proxy to our stockholders on or about A

View Full Filing

View this DEF 14A filing on SEC EDGAR