Centerspace (NYSE: CSR) investors approve board slate, pay and 2026 auditor

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Centerspace reported the results of its 2026 Annual Meeting of Shareholders. Investors elected six trustees for one-year terms, including Anne Olson and John A. Schissel, and supported all management proposals. Shareholders approved the non-binding advisory vote on executive compensation and ratified Grant Thornton LLP as independent auditor for 2026.

The meeting had strong participation, with 14,981,013 common shares present or represented by proxy out of 16,785,899 shares outstanding as of the March 20, 2026 record date, representing approximately 89.24% of eligible shares.

8-K Event Classification

Item 5.07 — Submission of Matters to a Vote of Security Holders

1 item

Item 5.07 Submission of Matters to a Vote of Security Holders Governance

Results of a shareholder vote on proposals at an annual or special meeting.

Key Figures

Shares outstanding: 16,785,899 common shares Shares represented: 14,981,013 common shares Quorum percentage: 89.24% +3 more

6 metrics

Shares outstanding 16,785,899 common shares Outstanding and entitled to vote as of March 20, 2026 record date

Shares represented 14,981,013 common shares Present or represented by proxy at 2026 annual meeting, about 89.24% participation

Quorum percentage 89.24% Portion of entitled common shares represented at the annual meeting

Say-on-pay support 13,254,562 votes For Non-binding advisory resolution on executive compensation at 2026 meeting

Auditor ratification For votes 14,858,817 votes For Ratification of Grant Thornton LLP as 2026 independent registered public accounting firm

Director votes For (Anne Olson) 13,558,439 votes For Election of Anne Olson as trustee at 2026 annual meeting

Key Terms

Broker Non-Votes, non-binding advisory resolution, independent registered public accounting firm, quorum, +1 more

5 terms

Broker Non-Votes financial

Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.

non-binding advisory resolution financial

"Proposal 2 - Non-binding advisory resolution on executive compensation."

A non-binding advisory resolution is a shareholder vote that expresses investors’ opinion or recommendation but does not legally force the company to act. Think of it like a public survey: management can ignore it, but a strong vote for or against signals investor sentiment, can sway board behavior or policy decisions, and may influence market perception and future, potentially binding, actions.

independent registered public accounting firm financial

"Ratification of Grant Thornton LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026."

An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.

quorum financial

"14,981,013, or approximately 89.24%... constituting a quorum under the Company’s Declaration of Trust."

A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.

record date financial

"As of March 20, 2026, the record date for holders of common shares..."

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

Understanding 8-K Material Events →

05/15/2026 - 04:30 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 13, 2026

CENTERSPACE

(Exact name of Registrant as specified in its charter)

North Dakota

001-35624

45-0311232

(State or Other Jurisdiction
of Incorporation or Organization)

(Commission File Number)

(I.R.S. Employer Identification No.)

1324 20th Avenue SW, Post Office Box 1988, Minot, ND 58702-1988

(Address of principal executive offices) (Zip code)

(701) 837-4738

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed from last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Shares of Beneficial Interest, no par value	CSR	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.07. Submission or Matters to a Vote of Security Holders.

On May 13, 2026, Centerspace held its 2026 Annual Meeting of Shareholders (the “Annual Meeting”). As of March 20, 2026, the record date for holders of common shares of beneficial interest (“common shares”) entitled to vote at the Annual Meeting, there were 16,785,899 common shares outstanding and entitled to vote at the Annual Meeting. Of the common shares entitled to vote, 14,981,013, or approximately 89.24% of the common shares, were present or represented by proxy at the Annual Meeting, constituting a quorum under the Company’s Declaration of Trust. There were three matters presented and voted on at the Annual Meeting. Set forth below is a brief description of each matter voted on at the Annual Meeting and the final voting results with respect to each such matter.

Proposal 1 - Election of six nominees to serve on the Board of Trustees for a one-year term and until their respective successors are duly elected and qualified.


Nominee	For	Against	Abstain	Broker Non-Votes

John A. Schissel	13,543,098	41,133	9,710	1,387,072
Ola Oyinsan Hixon	13,516,140	63,369	14,432	1,387,072
Rodney Jones-Tyson	13,462,774	112,847	18,320	1,387,072
Anne Olson	13,558,439	27,636	7,866	1,387,072
Jay L. Rosenberg	13,545,273	40,346	8,322	1,387,072
Mary J. Twinem	13,553,535	26,617	13,789	1,387,072

The shareholders elected all six of the nominees as Trustees.

Proposal 2 - Non-binding advisory resolution on executive compensation.


	For	Against	Abstain	Broker Non-Votes
Votes Cast	13,254,562	315,796	23,583	1,387,072

The shareholders approved the non-binding advisory resolution on executive compensation.

Proposal 3 - Ratification of Grant Thornton LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026.


	For	Against	Abstain	Broker Non-Votes
Votes Cast	14,858,817	105,351	16,845	0

The shareholders ratified the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



	Centerspace

	By	/s/ Anne Olson
		Anne Olson
Date: May 15, 2026		President and Chief Executive Officer

Source: View Original Filing on SEC EDGAR

FAQ

What did Centerspace (CSR) shareholders decide at the 2026 annual meeting?

Centerspace shareholders elected six trustees, approved a non-binding advisory vote on executive compensation, and ratified Grant Thornton LLP as independent auditor for 2026. All three proposals on the ballot received strong support from the votes cast at the meeting.

How many Centerspace (CSR) shares were eligible and represented at the 2026 meeting?

There were 16,785,899 common shares outstanding and entitled to vote as of March 20, 2026. Of these, 14,981,013 shares, or approximately 89.24% of eligible shares, were present or represented by proxy, establishing a quorum for conducting business.

Which trustees were elected to the Centerspace (CSR) Board in 2026 and how did they fare?

Shareholders elected John A. Schissel, Ola Oyinsan Hixon, Rodney Jones-Tyson, Anne Olson, Jay L. Rosenberg, and Mary J. Twinem. Each nominee received over 13.4 million votes "For" and only modest opposition, plus 1,387,072 broker non-votes recorded on each director election.

How did Centerspace (CSR) shareholders vote on executive compensation in 2026?

Shareholders approved the non-binding advisory resolution on executive compensation, with 13,254,562 votes "For," 315,796 "Against," and 23,583 "Abstain," along with 1,387,072 broker non-votes. This shows a clear majority in favor of the company’s executive pay program for that year.

Was Grant Thornton LLP ratified as Centerspace (CSR) auditor for 2026?

Yes. Shareholders ratified Grant Thornton LLP as Centerspace’s independent registered public accounting firm for the year ending December 31, 2026, with 14,858,817 votes "For," 105,351 "Against," and 16,845 "Abstain," and no broker non-votes recorded on this proposal.

Filing Exhibits & Attachments

3 documents