Centerspace director granted 2,124 RSUs

Schissel John A reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Schissel John A reported acquisition or exercise transactions in this Form 4 filing.

Centerspace director John A. Schissel received a grant of 2,124 restricted stock units (RSUs). These RSUs represent a contingent right to receive an equal number of Centerspace common shares of beneficial interest, vesting on May 13, 2027. After this compensation-related award, Schissel’s directly held RSU balance reported in this filing is 2,124 units.

Insider Trade Summary

Grant/Award: 2,124 shares

Grant/Award 1 txn

Insider Schissel John A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	2,124	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 2,124 contracts (Direct)

Footnotes (1)

1. F1. Represents a contingent right to receive common shares of beneficial interest of Centerspace, vesting on May 13, 2027.

Key Figures

RSUs granted: 2,124 units Grant price per unit: $0.0000 RSUs after transaction: 2,124 units +2 more

5 metrics

RSUs granted 2,124 units Restricted Stock Units granted on May 13, 2026

Grant price per unit $0.0000 Reported transaction price for RSU grant

RSUs after transaction 2,124 units Total restricted stock units held following grant

Underlying common shares 2,124 shares Common Shares of Beneficial Interest underlying RSUs

RSU expiration date May 13, 2027 Expiration/vesting-related date for the RSU award

Key Terms

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

4 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units""

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

"underlying_security_title: "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.

contingent right financial

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

vests financial

"vesting on May 13, 2027"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Centerspace (CSR) disclose for John A. Schissel?

Centerspace disclosed that director John A. Schissel received a grant of 2,124 restricted stock units. These units are a form of equity compensation tied to Centerspace’s common shares of beneficial interest, rather than an open-market purchase or sale of stock.

How many restricted stock units were granted to the Centerspace (CSR) director?

John A. Schissel was granted 2,124 restricted stock units. Each unit represents a right to receive one Centerspace common share of beneficial interest, subject to vesting conditions detailed in the award, providing long-term equity-based compensation for the director.

When do John A. Schissel’s Centerspace (CSR) restricted stock units vest?

The restricted stock units granted to John A. Schissel vest on May 13, 2027. At vesting, each of the 2,124 units is eligible to convert into one Centerspace common share of beneficial interest, assuming any applicable conditions are satisfied.

Is the Centerspace (CSR) Form 4 transaction an open-market buy or sell?

No, the Form 4 transaction is not an open-market buy or sell. It reports a compensation-related grant of 2,124 restricted stock units to director John A. Schissel, recorded at a price of $0.0000 per unit, rather than a market trade.

What is John A. Schissel’s reported RSU holding after this Centerspace (CSR) grant?

Following the grant, John A. Schissel is shown holding 2,124 restricted stock units directly. These units correspond to potential future common shares of beneficial interest in Centerspace, contingent on vesting scheduled for May 13, 2027 under the award terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/14/2026 - 04:46 PM EDT Learn about SEC filing dates

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^*

Schissel John A

(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		2,124		(1)	05/13/2027	Common Shares of Beneficial Interest	2,124	$0	2,124	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, Attorney in Fact for John Schissel	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)