Joseph D. Russell, Jr. has seen significant changes in his holdings at Public Storage over the years. His holdings currently reflect a substantial portion of his wealth, showcasing his deep investment in the company’s future. In 2023, his vested stock...

Joseph D. Russell, Jr. has seen significant changes in his holdings at Public Storage over the years. His holdings currently reflect a substantial portion of his wealth, showcasing his deep investment in the company’s future. In 2023, his vested stock awards totaled 7,550 shares, valued at about $2.26 million. Notably, his compensation strategy has shifted towards more performance-based structures. At times, he has had most of his wealth tied to stock performance, aligning his interests closely with those of shareholders. However, the focus has been on sustainable growth, with no options vesting in 2022, which reflects his longer-term focus rather than immediate gains.