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Arlen D. Nordhagen is the former CEO and founder of National Storage Affiliates, a company focused on self-storage. Born in 1954 and educated with a Bachelor's degree in Business Administration, Nordhagen has carved a significant niche in the storage industry....

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Arlen D. Nordhagen

Founder and Ex-CEO of National Storage Affiliates

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Real Estate

Born

May 1, 1954 - 71 years ago

CEO of National Storage Affiliates for

5 years 0 months (Jan 2015 - Jan 2020)

Previous Experience

Chairman and CEO of National Storage Affiliates Trust since its inception. Extensive experience in the self-storage industry.

Holdings

See how much did Arlen D. Nordhagen make over time.

Arlen D. Nordhagen has significant holdings in National Storage Affiliates, where he played a pivotal role in its growth and public offering. At times, his total compensation reached over $2 million, showcasing his value to the company. His wealth is...

Mar 18, 2025

Total Stock Sold

$10.99M

NSA

$10.99M

200,000 NSA shares

What if they kept their stock?

If Arlen D. Nordhagen didn't sell their stock, today they would have:
Extra NSA200,000 shares worth $5.18M.
This is -52.88% and $5.81M less than what they got when they sold the stock.

Charitable Transactions

NSA

537,167 shares

NSA

Recent Charitable Transactions

NSA

87,000 shares

NSA

Dec 18, 2023

Charity

NSA

8,100 shares

NSA

Dec 11, 2023

Charity

NSA

8,400 shares

NSA

Dec 5, 2023

Charity

NSA

11,500 shares

NSA

Jun 30, 2023

Charity

NSA

110,667 shares

NSA

Dec 31, 2022

Charity

NSA

45,000 shares

NSA

Dec 31, 2021

Charity

Insider Trading

See recent insider trades of Arlen D. Nordhagen.

NSA

87,000 shares

NSA

Dec 18, 2023

Charity

NSA

8,100 shares

NSA

Dec 11, 2023

Charity

NSA

$237.25K

NSA at $36.50/share

Dec 11, 2023

Purchase

NSA

8,400 shares

NSA

Dec 5, 2023

Charity

NSA

$359.20K

NSA at $35.92/share

Dec 5, 2023

Purchase

NSA

11,500 shares

NSA

Jun 30, 2023

Charity

NSA

$923.00K

NSA at $36.92/share

May 26, 2023

Purchase

NSA

110,667 shares

NSA

Dec 31, 2022

Charity

NSA

$1.23M

NSA at $36.75/share

Dec 16, 2022

Purchase

NSA

$2.01M

NSA at $37.88/share

Nov 4, 2022

Purchase

Compensation History

See how much did Arlen D. Nordhagen make over time.

Arlen D. Nordhagen's compensation as CEO of National Storage Affiliates saw some significant numbers over the years. In 2020, he earned a total of approximately $2.8 million, which included a base salary of $550,000, a cash bonus of $778,457 tied to performance goals, and around $1.4 million in vested stock due to long-term incentives. Notably, from 2016 to 2019, his compensation varied, with his 2018 total compensation notably high at about $2 million fueled by stock awards. His structured pay is designed to align his interests with shareholders, emphasizing performance metrics that directly relate to the company’s growth and efficiency goals. The compensation trends show a clear link between his leadership decisions and National Storage Affiliates' market performance, highlighting a pay-for-performance approach.

Year

2020

Total Compensation

$2.78M

Salary

$550.00K

Board Justification

The compensation philosophy is designed to attract and retain the best executive talent, align the interests of Named Executive Officers with those of shareholders, and encourage the achievement of business strategies and company growth.

Bonus

$778.46K

Board Justification

Based on achievement of certain quantitative and qualitative Company and individual performance objectives over the course of each year

Other

$11.40K

Board Justification

The value of the 401(k) employer matching contribution

Restricted Stock

$1.44M(47.23K LTIP units)

Board Justification

Performance-based LTIP unit awards granted in accordance with ASC Topic 718 based upon the number of units and value of the awards at their target levels on the grant date

Performance Metrics

Performance metrics include Same Store NOI growth, Core FFO per share, net acquisitions volume, and individual based goals.

Other National Storage Affiliates CEOs

Here are other CEOs of National Storage Affiliates