Public Storage (PSA)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-08-13 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Public Storage (PSA) CIK: 0001393311 --- Reporting Owner --- Name: Vitan Nathaniel A. CIK: 0001774586 Role: Officer (Chief Legal Officer) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Shares Date: 2026-08-13 | Code: S (Open market sale) Shares: -1,414 | Price: $327.53 Total Value: $463,133.36 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [F1] Represents weighted average price. These shares were sold at prices ranging between $327.48 and $327.645. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer. --- Footnotes (Complete Index) --- F1: Represents weighted average price. These shares were sold at prices ranging between $327.48 and $327.645. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer. --- Signature --- /s/ /s/ Nathaniel A. Vitan (2026-08-14)