Transaction #25903 · Form 4 · 0000798359-25-000123

CENTERSPACE · Exercise / conversion · Common Shares of Beneficial Interest

CENTERSPACE · Transacted December 26, 2025 · Filed December 30, 2025

Original SEC filing ↗

What does this filing report?

An SEC Form 4 filing for CENTERSPACE records an exercise / conversion involving Common Shares of Beneficial Interest on December 26, 2025. The reported quantity was 1,008. The filing date is December 30, 2025. This is one transaction record; amounts are not allocated among any joint reporting owners.

The acquisition category describes how securities were received. It does not by itself establish a cash purchase of common stock. Read the transaction code definitionsand the original filing before interpreting the amounts.

Transaction details

Company CIK
0000798359
Security type
Non-derivative
Acquisition type
Exercise / conversion · Code M
Quantity acquired
1,008
Reported price
0
Reference value
0
Currency
Currency not specified
Ownership
Direct
Holdings after transaction
20,504
Ownership description
Not reported
SEC acceptance time
Dec 30, 2025, 12:14 PM EST
10b5-1 indication
Not indicated

Reference value is reported quantity × reported price. It is not a confirmed cash payment or an estimate of a derivative's economic value. A missing currency is not assumed to be USD.

Reporting owners

These are the reporting owners named in the filing. Quantities and amounts are not allocated among co-reporters. Roles reflect this filing, not a current profile.

Company listings

CSR · NYSE

This transaction is not mapped to a specific company listing.

Filing footnotes & remarks

F1
Each restricted stock unit represents a contingent right to receive one common share of beneficial interest of Centerspace. The restricted stock units were scheduled to vest on January 1, 2026, which vesting was accelerated to December 26, 2025.
F2
On January 1, 2023, the reporting person was granted a performance share award based on the Company's total shareholder return ("TSR") compared to the FTSE Nareit Equity Index (the "REIT Index") for the measurement period of January 1, 2023 through December 31, 2025. 90% of the performance share award scheduled to vest on December 31, 2025 was accelerated and issued on December 26, 2025, based on estimated achievement as of December 19, 2025. For the measurement period, the Company's estimated TSR was at the 70th percentile of the Index, resulting in a payout at 180.4% of target, or 8,177 shares, being issued under the performance share award.
F3
Shares withheld for payment of taxes in connection with the vesting of restricted stock units.
F4
Shares withheld for payment of taxes in connection with the vesting of performance share award.

Footnotes are reproduced as plain text from the current source filing. For the full context, read the original SEC filing.

This record was updated Eastern Time. This is the stored record update time, not the transaction date. Report a correction.