President and Chief Executive Officer · Public Storage (PSA)

Joseph Russell

A named executive officer of Public Storage in every fiscal year CompBrief holds from FY2017 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$9,909,777

FY2024: $9,502,226

1st of 5 named executive officers at Public Storage by FY2025 total.

5 named officers on file for Public Storage, FY2025

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What this number hides

The filing gives the total. Public Storage’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed March 27, 2026 (DEF 14A).

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Joseph Russell compensation by year

Public Storage Summary Compensation Table · all 8 fiscal years held
In US dollars, as Public Storage reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2017FY2018FY2019FY2020FY2022FY2023FY2024FY2025
Salary$600,000$600,000$700,000$700,000$800,000$900,000$1,000,000$1,000,000
Bonus$0$0$0$0$0$0$0$0
Stock awards$1,131,200$972,200$2,679,000$1,695,600$3,977,156$3,165,047$4,010,813$3,982,371
Option awards$453,400$0$194,000$1,758,928$3,062,086$2,473,044$2,882,613$2,907,583
Non-equity incentive$480,000$600,000$700,000$630,000$1,350,000$2,220,000$1,590,000$2,005,823
Pension and deferred compensation$0$0$0$0$0$0$0$0
All other$15,800$16,000$16,200$16,400$12,200$18,200$18,800$14,000
Total$2,680,400$2,188,200$4,289,200$4,800,928$9,201,442$8,776,291$9,502,226$9,909,777

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Public Storage DEF 14A filed March 27, 2026, accession 0001193125-26-128991, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Public Storage filed document, accession 0001193125-26-128991. Every figure is read from that document and cited to the page and table it appears in. Filed March 27, 2026.

$2.7M
$2.2M
$4.3M
$4.8M
$9.2M
$8.8M
$9.5M
$9.9M
FY17
FY18
FY19
FY20
FY22
FY23
FY24
FY25
SalaryNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU15,134$3,927,273—
PSU13,588$3,526,086—
PSU10,520$2,729,940—
RSU7,500$1,946,250—
RSU4,447$1,153,997—
RSU1,800$467,100—
RSU1,250$324,375—
RSU625$162,188—
Option27,910—$279.51
Option24,786—$222.66
Option22,908—$311.30
Option22,524—$279.51

Per the Outstanding Equity Awards at Fiscal Year-End table in Public Storage's FY2025 proxy; value at the fiscal year-end close, as the company printed it. The 12 largest of 15 award rows shown.

Public Storage’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Joseph Russell · this pagePresident and Chief Executive Officer$9,909,777
H. Thomas BoyleChief Financial and Investment Officer$6,189,000
Chris SambarPresident, Chief Operating Officer$4,737,207
Natalia JohnsonPresident, Chief Digital & Transformation Officer$4,599,592
Nathaniel VitanChief Legal Officer and Corporate Secretary$2,447,115

Board service

Public Storage board · FY2023–FY2025

How this board is paid

Company policy: Public Storage pays directors a $120,000 cash retainer and $180,000 in Options / AO LTIP Units. As stated in Public Storage's FY2025 proxy.

The full Public Storage compensation record

free company brief

This page is one person within Public Storage's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the Public Storage proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Public Storage's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Public Storage's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Joseph Russell's compensation dossier