Hixon Ola Oyinsan 4
Research Summary
AI-generated summary
Centerspace (CSR) Director Ola Oyinsan Receives Award of 1,337 Shares
What Happened
- Director Ola Oyinsan was granted 1,337 shares as an award (transaction code A) on May 13, 2026. The reported acquisition price was $0.00, so no cash changed hands and the immediate value shown on the Form 4 is $0.00. This is a grant/derivative award rather than a market purchase or sale.
Key Details
- Transaction date: May 13, 2026; Form 4 filed: May 14, 2026 (timely filing).
- Shares acquired: 1,337; reported price: $0.00; reported value: $0.00.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote F1: the grant represents a contingent right to receive common shares of Centerspace that vests on May 13, 2027.
- Transaction type: A (award/grant); treated as a derivative/contingent award in the filing.
Context
- This is an award/vesting-type grant (not an open-market purchase or sale). Awards often vest over time or upon performance conditions; here the filing notes a one-year vesting date (May 13, 2027). Such grants do not necessarily indicate current market sentiment by the insider—they are part of compensation/retention arrangements.