Olson Anne 4

What Happened Anne Olson, President, CEO & Secretary of CENTERSPACE (CSR), received 1,050 shares on February 2, 2026 as the final tranche of a performance share award. Concurrently, 322 shares were withheld (disposed) to satisfy tax withholding obligations, valued at $63.83 per share for a withholding amount of $20,553.

Key Details

• Transaction dates: February 2, 2026 (reported on Form 4 filed February 4, 2026). Filing appears timely.
• Award: 1,050 shares issued (transaction code A) at $0.00 acquisition price (performance share issuance).
• Tax withholding: 322 shares withheld (transaction code F) at $63.83 per share, total value reported $20,553.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes:
  • F1: Original performance award granted Jan 1, 2023; payout = 183.20% of target = 9,227 shares. 90% (8,177 shares) accelerated and issued Dec 26, 2025; remaining 10% (1,050) issued Feb 2, 2026.
  • F2: Shares withheld to pay taxes on vesting.
  • F3: $63.83 reflects the fair market value per share on Feb 2, 2026.

Context This was a performance-based equity award vesting and a routine tax-withholding disposition, not an open-market buy or sale. Performance awards reflect prior compensation decisions and company performance over the Jan 1, 2023–Dec 31, 2025 measurement period; tax-withholding by share surrender is a common administrative action.