Centerspace (NYSE: CSR) grants director 1,337 RSUs vesting in 2027

Rhea-AI Filing Summary

Jones-Tyson Rodney reported acquisition or exercise transactions in this Form 4 filing.

Centerspace director Rodney Jones-Tyson received a grant of 1,337 restricted stock units. These RSUs represent a contingent right to receive 1,337 common shares of beneficial interest, with no cash paid per unit. The award vests on May 13, 2027, and results in 1,337 derivative shares reported as directly owned.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jones-Tyson Rodney

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 Transaction price per unit: $0.0000 Holdings after transaction: 1,337 derivative shares +2 more

5 metrics

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

Transaction price per unit $0.0000 Grant/award acquisition of restricted stock units

Holdings after transaction 1,337 derivative shares Total RSUs reported following the grant

Underlying shares 1,337 common shares Common shares of beneficial interest underlying the RSUs

RSU expiration date May 13, 2027 Expiration/vesting-related date for the restricted stock units

Key Terms

Restricted Stock Units, Common Shares of Beneficial Interest, Grant, award, or other acquisition, derivative securities

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.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

derivative securities financial

"derivativeTransactionCount for derivative-type records"

Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.

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^*

Jones-Tyson Rodney

(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, Attorney in Fact for Rodney Jones-Tyson	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) disclose for Rodney Jones-Tyson?

Centerspace disclosed that director Rodney Jones-Tyson received a grant of 1,337 restricted stock units. These units give him a contingent right to receive the same number of common shares of beneficial interest, subject to vesting conditions described in the filing.

Is the Centerspace (CSR) Form 4 transaction a purchase or a compensation grant?

The Form 4 transaction is a compensation-related grant, not an open-market purchase. It is coded as an “A” transaction, described as a grant, award, or other acquisition, with a transaction price of $0.0000 per unit, indicating no cash payment for the RSUs.

How many Centerspace (CSR) shares could Rodney Jones-Tyson receive from this award?

The award covers 1,337 restricted stock units, each tied to one underlying common share of beneficial interest. If vesting conditions are met, these RSUs would convert into 1,337 common shares, increasing his equity exposure to Centerspace accordingly.

When do Rodney Jones-Tyson’s Centerspace (CSR) restricted stock units vest?

The filing states the units vest on May 13, 2027. Until that vesting date, the 1,337 restricted stock units represent a contingent right to receive common shares, rather than currently issued and freely tradable stock.

What are Rodney Jones-Tyson’s reported holdings after this Centerspace (CSR) grant?

After the grant, the Form 4 shows Rodney Jones-Tyson with 1,337 derivative securities related to this award. These represent restricted stock units directly owned, which may convert into common shares if they vest on May 13, 2027 as disclosed.