Olson Anne 4

What Happened

• Anne Olson, President, CEO & Secretary of CENTERSPACE (CSR), converted/exercised 5,492 derivative shares on 2026-03-31. The exercise/conversion shows a $0.00 per-share exercise price.
• To satisfy tax withholding, 2,875 shares were withheld/disposed at $57.45 per share, generating about $165,169.
• After withholding, 2,617 shares (5,492 − 2,875) were effectively issued to Olson.

Key Details

• Transaction date: 2026-03-31. Form 4 filed: 2026-04-02 (filed within the usual 2-business-day window).
• Exercise/conversion reported as code M (derivative exercise/conversion) for 5,492 shares at $0.00.
• Withholding reported as code F (payment of tax liability) for 2,875 shares at $57.45, totaling $165,169.
• Footnote F1: shares were withheld to pay taxes in connection with vesting of restricted stock units.
• Shares owned after the transaction are not specified in the provided excerpt; net shares delivered to Olson from this transaction = 2,617.

Context

• This looks like a conversion/vesting event (RSUs or similar) rather than an open-market purchase or sale: the exercise price is $0.00 and some shares were withheld to cover taxes (a routine cashless withholding).
• Withholding for taxes is standard and not the same signal as an open-market sale by the insider. The filing contains no indication of a 10b5-1 plan or other non-routine disposition.