What plan governs the CubeSmart share grant to Martin P. Connor?

The share grant to Martin P. Connor was issued under CubeSmart’s 2007 Equity Incentive Plan. This plan allows the company to grant common shares as part of director or employee compensation, subject to specific vesting conditions linked to continued Board service.

CubeSmart (NYSE: CUBE) director receives 4,044-share equity award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Connor Martin P. reported acquisition or exercise transactions in this Form 4 filing.

CubeSmart director Martin P. Connor received an equity award of 4,044 common shares. The grant was made at a price of $0.00 per share under the company’s 2007 Equity Incentive Plan, bringing his reported direct holdings to 4,044 shares.

The shares vest on the earlier of the first anniversary of the grant date, the date of the 2027 Annual Meeting of Shareholders, or the date the trustee resigns or retires from service on the Board. This filing reflects a compensation-related share grant rather than an open-market transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Connor Martin P.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common	4,044	$0.00	--

Holdings After Transaction: Common — 4,044 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares granted: 4,044 shares Grant price: $0.00 per share Shares owned after grant: 4,044 shares

3 metrics

Shares granted 4,044 shares Common stock award to director on 2026-05-19

Grant price $0.00 per share Equity incentive grant, not market purchase

Shares owned after grant 4,044 shares Total reported direct holdings following transaction

Key Terms

2007 Equity Incentive Plan, vest, 2027 Annual Meeting of Shareholders, Form 4

4 terms

2007 Equity Incentive Plan financial

"The common shares are issued under the Company's 2007 Equity Incentive Plan."

vest financial

"The common shares vest on the earlier of the first anniversary of the grant date..."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

2027 Annual Meeting of Shareholders financial

"..., or the date of the 2027 Annual Meeting of Shareholders, or date the trustee resigns..."

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

05/20/2026 - 04:31 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Connor Martin P.

(Last)

(First)

(Middle)

5 OLD LANCASTER ROAD

(Street)

MALVERN

PENNSYLVANIA

19355

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CubeSmart [ CUBE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common	05/19/2026		A		4,044⁽¹⁾	A	$0.0000	4,044	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The common shares are issued under the Company's 2007 Equity Incentive Plan. The common shares vest on the earlier of the first anniversary of the grant date, or the date of the 2027 Annual Meeting of Shareholders, or date the trustee resigns or retires from service on the Board.

	Douglas J. Tyrell, Attorney-in-Fact	05/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CubeSmart (CUBE) report for Martin P. Connor?

CubeSmart reported that director Martin P. Connor received a grant of 4,044 common shares. The shares were awarded as equity compensation, not bought in the market, and are tied to his service on the Board under the 2007 Equity Incentive Plan.

How many CubeSmart shares were granted to Martin P. Connor in this Form 4?

Martin P. Connor was granted 4,044 CubeSmart common shares. This award increased his reported direct holdings to 4,044 shares, reflecting a new equity grant rather than a purchase or sale of existing shares on the open market.

At what price were the CubeSmart shares granted to Martin P. Connor?

The 4,044 CubeSmart common shares were granted at a price of $0.00 per share. This indicates the award was part of his compensation package, issued without a purchase price under the company’s 2007 Equity Incentive Plan.

When do Martin P. Connor’s granted CubeSmart shares vest?

The granted CubeSmart shares vest on the earliest of three events: the first anniversary of the grant date, the date of the 2027 Annual Meeting of Shareholders, or the date the trustee resigns or retires from service on the Board.

Is the CubeSmart Form 4 for Martin P. Connor a market purchase or sale?

The CubeSmart Form 4 for Martin P. Connor reflects a grant or award acquisition, not a market purchase or sale. It records an equity compensation grant of 4,044 common shares under the 2007 Equity Incentive Plan tied to his Board service.