[Form 4] iREIT MarketVector Quality REIT Index ETF Insider Trading Activity

Rhea-AI Filing Summary

Anne Olson, identified on the form as an Officer with the title President, CEO & Secretary, reported an insider purchase of 750 common shares of CENTERSPACE (CSR) on 08/08/2025 at approximately $55.10 per share. The transaction increased her direct beneficial ownership to 19,496 shares. The Form 4 entry is recorded with transaction code P.

Insights

Financial Analyst

TL;DR: Insider purchase by a senior officer is modest in size and likely neutral without broader ownership or company context.

The reported acquisition of 750 shares increased the officer's direct holdings to 19,496 shares, representing a small incremental ownership change based on the numbers disclosed. On its own, this single purchase provides a limited signal about company fundamentals or valuation because the filing does not include information on total outstanding shares, prior holdings beyond the reported total, or broader insider trading patterns.

Corporate Governance Expert

TL;DR: Officer-level purchase shows personal investment but the disclosed size appears modest; reporting is direct and clearly documented.

The Form 4 shows a direct beneficial purchase (ownership form marked D) with transaction code P. The filing lists no derivative transactions and provides the reporting person’s corporate title. From a governance perspective, timely reporting of the purchase is consistent with Section 16 disclosure requirements, but the filing does not, by itself, indicate material shifts in insider alignment or control.

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
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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^*

Olson Anne

(Last) (First) (Middle)

C/O CENTERSPACE

3100 10TH STREET SW

(Street)

MINOT ND 58701

(City) (State) (Zip)

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

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, CEO & Secretary

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	08/08/2025		P		750	A	$55.1	19,496	D

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

Explanation of Responses:

Remarks:

	Bhairav Patel, Attorney infact for Anne Olson	08/11/2025
	** 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.

FAQ

What transaction did Anne Olson report for CENTERSPACE (CSR)?

The Form 4 reports a purchase of 750 common shares on 08/08/2025 at approximately $55.10 per share.

How many shares does Anne Olson own after the reported transaction?

Following the reported purchase, Anne Olson's direct beneficial ownership is reported as 19,496 shares.

What is Anne Olson’s role at CENTERSPACE as shown on the form?

The form identifies Anne Olson as an Officer with the title President, CEO & Secretary.

Is the reported ownership direct or indirect?

The filing shows the ownership form as Direct (D), indicating the shares are directly beneficially owned.

Does the Form 4 show any derivative transactions for Anne Olson?

No. Table II for derivative securities is blank; the filing only reports a non-derivative common share purchase.