Jeffrey P. Foster, an officer of CubeSmart, filed a Form 144 notice of proposed sale of 22,776 shares of common stock on November 2, 2026, following a stock option exercise on the same date.

Key Highlights

  • Proposed seller: Jeffrey P. Foster, identified as an officer of CubeSmart.
  • Shares proposed for sale: 22,776 shares of CubeSmart common stock.
  • Aggregate market value: $973,446, as stated in the filing.
  • Source of shares: Stock option exercise completed on November 2, 2026, acquired from the issuer with cash payment.
  • Broker named: J.P. Morgan Securities LLC, 270 Park Avenue, 10th Floor, New York, NY 10017.
  • Prior three-month sales: The filing reports nothing to report for securities sold during the past three months.
  • Shares outstanding: 223,402,687 shares of common stock outstanding, according to the filing.

CubeSmart Officer Proposes Sale of Option-Exercised Shares on NYSE

According to the Form 144 filing submitted to the U.S. Securities and Exchange Commission, Jeffrey P. Foster, an officer of CubeSmart (NYSE:CUBE), provided notice of a proposed sale of 22,776 shares of the company's common stock. The filing lists an approximate sale date of November 2, 2026, with J.P. Morgan Securities LLC acting as broker and agent.

The filing discloses that the shares were acquired through a stock option exercise on November 2, 2026, with the issuer named as the person from whom the securities were acquired. Payment for the exercise was made in cash on the same date. As noted in the remarks section of the filing, "The shares covered by this filing are stock options that were exercised today."

The aggregate market value of the 22,776 shares proposed for sale is stated as $973,446 in the filing. CubeSmart's total shares of common stock outstanding are reported as 223,402,687. The filing further indicates no securities of CubeSmart were sold by Foster during the three months prior to this notice. The Form 144 was signed by J.P. Morgan Securities LLC as agent and attorney-in-fact for Jeffrey P. Foster, and the date of notice is recorded as November 2, 2026.

What Was Disclosed

CubeSmart officer Jeffrey P. Foster filed a Form 144 on November 2, 2026, disclosing a proposed sale of 22,776 common shares with an aggregate market value of $973,446, acquired via a stock option exercise on the same date, with no prior three-month sales reported.