H. Michael Schwartz - Nov 17, 2025 Form 4 Insider Report for SmartStop Self Storage REIT, Inc. (SMA)

Signature
/s/ H. Michael Schwartz
Stock symbol
SMA
Transactions as of
Nov 17, 2025
Transactions value $
$198,188
Form type
4
Date filed
11/18/2025, 04:49 PM
Previous filing
Apr 4, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Schwartz H. Michael Chief Executive Officer, Director 10 TERRACE ROAD, LADERA RANCH /s/ H. Michael Schwartz 2025-11-18 0001462216

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMA Common Stock Purchase $198K +6.25K +34.72% $31.71 24.3K Nov 17, 2025 See Footnote 1. F1
holding SMA Common Stock 121K Nov 17, 2025 See Footnote 2. F2
holding SMA Common Stock 29.3K Nov 17, 2025 Through Schwartz Family Trust dated September 22, 2003 F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SMA Common Units 29.1 Nov 17, 2025 Common Stock 29.1 $0.00 Through Schwartz Family Trust dated September 22, 2003 F4
holding SMA Common Units 96.5K Nov 17, 2025 Common Stock 96.5K $0.00 See Footnote 5. F4, F5
holding SMA Long-Term Incentive Plan Units 234K Nov 17, 2025 Common Stock 234K $0.00 Through Schwartz Family Trust dated September 22, 2003 F6, F7
holding SMA Long-Term Incentive Plan Units 193K Nov 17, 2025 Common Stock 193K $0.00 Through Schwartz Family Trust dated September 22, 2003 F6, F8
holding SMA Class A-1 Units 2.4M Nov 17, 2025 Common Stock 2.4M $0.00 See Footnote 10. F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 24,250 shares of common stock indirectly owned by the Reporting Person through Churchill TRI LLC, a Nevada limited liability company, which is 50% owned by The H. Michael Schwartz 2011 Irrevocable Trust and 50% owned by The Holly Breaux Schwartz 2011 Irrevocable Trust.
F2 Represents 120,805 shares of Common Stock owned by SmartStop OP Holdings, LLC ("SOH") previously reported as being owned by the Reporting Person, which amount accounts for the redemption of .97 shares of Common Stock previously reported as being owned by the Reporting Person that were redeemed by the Issuer in connection with a fractional share redemption conducted by the Issuer with respect to its outstanding Common Stock as of July 30, 2025. SOH is indirectly owned and controlled by the Reporting Person.
F3 Represents 29,315 shares of Common Stock previously reported as being owned by the Reporting Person, which amount accounts for the redemption of .15 shares of Common Stock previously reported as being owned by the Reporting Person that were redeemed by the Issuer in connection with a fractional share redemption conducted by the Issuer with respect to its outstanding Common Stock as of July 30, 2025.
F4 Represents common units ("Common Units") of SmartStop OP, L.P., the Issuer's operating partnership (the "Operating Partnership"). Common Units are redeemable by the holder for, at the election of the Issuer, shares of Common Stock of the Issuer on a one-for-one basis or the cash value of such shares.
F5 Represents 96,543.26 Common Units owned by SOH previously reported as being owned by the Reporting Person.
F6 Represents long-term incentive plan units ("LTIP Units") of the Operating Partnership. Vested LTIP Units are convertible into Common Units.
F7 Represents 233,791.29 LTIP Units previously reported as being owned by the Reporting Person. The LTIP Units vest ratably over a four-year period commencing on December 31 of the year of grant, subject to the Reporting Person's continued employment or service through each vesting date.
F8 Represents 192,600.19 LTIP Units previously reported as being owned by the Reporting Person, which number is equal to 200% of the target number of LTIP Units to be issued upon vesting. The actual number of LTIP Units to be issued upon vesting can range from 0% to 100% of the number of LTIP Units reported, based on achievement of specified performance measures.
F9 Represents Class A-1 limited partnership units ("Class A-1 Units") of the Operating Partnership. Class A-1 Units are redeemable by the holder for, at the election of the Issuer, shares of Common Stock of the Issuer on a one-for-one basis or the cash value of such shares.
F10 Represents 2,397,695.44 Class A-1 Units owned by SOH previously reported as being owned by the Reporting Person.