Director Emily Nagle Green of Centerspace (NYSE: CSR) exercises 1,446 RSUs into common shares

Rhea-AI Filing Summary

Centerspace director Emily Nagle Green reported an equity compensation-related transaction involving restricted stock units. On 2026-06-01, she exercised 1,446 restricted stock units at $0.00 per unit, receiving 1,446 common shares of beneficial interest. After this exercise, she directly holds 8,568 common shares. The filing also notes an additional 454.198 common shares held indirectly through her spouse, and a footnote explains that 16 of the reported shares were acquired under Centerspace’s dividend reinvestment program.

Insider Trade Summary

1,446 shares exercised/converted

Mixed 3 txns

Insider Green Emily Nagle

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,446	$0.00	--
Exercise	Common Shares of Beneficial Interest	1,446	$0.00	--
holding	Common Shares of Beneficial Interest	--	--	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Shares of Beneficial Interest — 8,568 shares (Direct, null); Common Shares of Beneficial Interest — 454.198 shares (Indirect, By Spouse)

Footnotes (1)

1. Each restricted stock unit represents a contingent right to receive one common share of beneficial interest of Centerspace. Includes 16.00 shares to the total shareholding which were acquired under the Company's dividend reinvestment program.

Key Figures

RSUs exercised: 1,446 units Exercise price: $0.00 per unit Direct holdings after transaction: 8,568 common shares +2 more

5 metrics

RSUs exercised 1,446 units Restricted stock units converted on 2026-06-01

Exercise price $0.00 per unit Conversion of restricted stock units into common shares

Direct holdings after transaction 8,568 common shares Shares of beneficial interest held directly after 2026-06-01

Indirect spouse holdings 454.198 common shares Shares held indirectly through spouse as of 2026-06-01

Dividend reinvestment shares 16 shares Included in total via dividend reinvestment program

Key Terms

Restricted Stock Units, Common Shares of Beneficial Interest, dividend reinvestment program, derivative security

4 terms

Restricted Stock Units financial

"The security title includes "Restricted Stock Units" for the derivative entry."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Common Shares of Beneficial Interest financial

"Security title is listed as "Common Shares of Beneficial Interest"."

Common Shares of Beneficial Interest are units that represent ownership in a company or organization, like owning a piece of a pie. They give investors voting rights and a chance to share in profits, making them important for those looking to invest and have a say in how the organization is run.

dividend reinvestment program financial

"Shares were acquired under the Company's dividend reinvestment program."

A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.

derivative security financial

"Transaction code description notes exercise or conversion of derivative security."

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Green Emily Nagle

(Last) (First) (Middle)

C/O CENTERSPACE

1324 20TH AVENUE SW

(Street)

MINOT NORTH DAKOTA 58701

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CENTERSPACE [ CSR ]

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)
06/01/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Shares of Beneficial Interest	06/01/2026		M		1,446(1)	A	$0	8,568(2)	D
Common Shares of Beneficial Interest								454.198	I	By Spouse

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0	06/01/2026		M			1,446(1)	06/01/2026	06/01/2026	Common Shares of Beneficial Interest	1,446	$0	0	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one common share of beneficial interest of Centerspace.

2. Includes 16.00 shares to the total shareholding which were acquired under the Company's dividend reinvestment program.

Remarks:

	Bhairav Patel, as Attorney in Fact for Emily Nagle Green	06/02/2026
	** 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)

FAQ

What insider transaction did Centerspace (CSR) director Emily Nagle Green report?

Emily Nagle Green reported exercising restricted stock units and receiving common shares. The Form 4 shows a compensation-related equity transaction, not an open-market trade, reflecting conversion of stock-based awards into Centerspace common shares.

How many Centerspace (CSR) shares did Emily Nagle Green acquire in this Form 4?

She acquired 1,446 common shares of beneficial interest through the exercise of restricted stock units. These units converted at a price of $0.00 per unit, consistent with stock-based compensation rather than a cash purchase in the open market.

What are Emily Nagle Green’s Centerspace (CSR) holdings after the reported transactions?

After the reported transactions, she directly holds 8,568 common shares of beneficial interest. The filing also reports 454.198 additional common shares held indirectly through her spouse, giving investors a clearer view of her overall reported equity exposure.

Did the Centerspace (CSR) Form 4 show any insider share sales?

The Form 4 does not report any share sales. It reflects the exercise of 1,446 restricted stock units into common shares and updated direct and indirect holdings, indicating an acquisition-type event rather than a disposition in the market.

How were dividend reinvestments reflected in Emily Nagle Green’s Centerspace (CSR) holdings?

A footnote states that 16 shares are included in the total shareholding through the company’s dividend reinvestment program. This means some dividends were automatically reinvested into additional Centerspace common shares instead of being taken as cash.