Centerspace (NYSE: CSR) grants 1,337 RSUs to director Twinem

Rhea-AI Filing Summary

Centerspace reported that director Mary J. Twinem received a grant of 1,337 restricted stock units (RSUs). These RSUs represent a contingent right to receive an equal number of common shares of beneficial interest, vesting on May 13, 2027.

The award was granted at an exercise price of $0.00 per unit as part of equity compensation, and following this grant Twinem holds 1,337 RSUs directly. This is a routine compensation-related acquisition rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider TWINEM MARY J

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,337	$0.00	--

Holdings After Transaction: Restricted Stock Units — 1,337 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 1,337 units Exercise price: $0.00 per unit Underlying shares: 1,337 shares +2 more

5 metrics

RSUs granted 1,337 units Restricted Stock Units awarded to director on May 13, 2026

Exercise price $0.00 per unit RSU grant price for Mary J. Twinem

Underlying shares 1,337 shares Common Shares of Beneficial Interest underlying the RSUs

Vesting date May 13, 2027 RSUs vest into common shares on this date

RSUs held after grant 1,337 units Total restricted stock units following the transaction

Key Terms

Restricted Stock Units, Common Shares of Beneficial Interest, contingent right

3 terms

Restricted Stock Units financial

"Represents a contingent right to receive common shares of beneficial interest of Centerspace"

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

"Represents a contingent right to receive common shares of beneficial interest of Centerspace"

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.

contingent right financial

"Represents a contingent right to receive common shares of beneficial interest of Centerspace"

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^*

TWINEM MARY J

(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)
05/13/2026

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

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	05/13/2026		A		1,337		(1)	05/13/2027	Common Shares of Beneficial Interest	1,337	$0	1,337	D

Explanation of Responses:

1. Represents a contingent right to receive common shares of beneficial interest of Centerspace, vesting on May 13, 2027.

Remarks:

	Bhairav Patel, as Attorney in Fact for Mary J. Twinem	05/14/2026
	** 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) report for Mary J. Twinem?

Centerspace reported a grant of 1,337 restricted stock units to director Mary J. Twinem. These units are equity compensation and represent a future right to receive common shares if vesting conditions are satisfied on the stated vesting date.

How many Centerspace (CSR) restricted stock units were granted in this filing?

The filing shows a grant of 1,337 restricted stock units. Each unit represents a contingent right to receive one common share of beneficial interest, providing stock-based compensation that aligns the director’s interests with long-term shareholder value over the vesting period.

When do Mary J. Twinem’s Centerspace (CSR) RSUs vest?

The restricted stock units vest on May 13, 2027. At that time, subject to applicable conditions, the RSUs convert into common shares of beneficial interest of Centerspace, turning the contingent right into actual share ownership for the reporting person.

Is the Centerspace (CSR) RSU grant to Mary J. Twinem an open-market stock purchase?

No, the RSU grant is not an open-market stock purchase. It is a compensation-related award with an exercise price of $0.00 per unit, providing a future right to receive shares instead of an immediate cash transaction in the public market.

How many Centerspace (CSR) RSUs does Mary J. Twinem hold after this transaction?

After this transaction, Mary J. Twinem holds 1,337 restricted stock units directly. These RSUs correspond to an equal number of underlying common shares of beneficial interest, which may be delivered upon vesting on May 13, 2027, per the award terms.