Hixon Ola Oyinsan 4

What Happened

• Hixon Ola Oyinsan, a director of Centerspace (CSR), reported the conversion/exercise of 1,446 derivative units into 1,446 common shares on 2026-06-01. Both the acquisition and the derivative disposition are recorded at $0.00, so no cash purchase or sale value is reported.
• This transaction reflects conversion/settlement of restricted stock units (RSUs) into shares rather than an open-market buy or sell. There is no indication in the provided data that any shares were sold following conversion.

Key Details

• Transaction date: 2026-06-01 (Period of Report). Form 4 filed: 2026-06-02 (Accession 0000798359-26-000059).
• Reported actions: Code M (exercise or conversion of derivative) — 1,446 shares acquired @ $0.00; 1,446 shares disposed (derivative) @ $0.00. Total reported cash value: $0.
• Shares owned after transaction: Not specified in the provided excerpt.
• Footnote: F1 — Each restricted stock unit (RSU) represents a contingent right to receive one common share of Centerspace.
• Timeliness: Filing appears timely (transaction on 2026-06-01, Form 4 filed 2026-06-02); no late-report indication provided.

Context

• For retail investors: this was a conversion/settlement of RSUs into shares (derivative-to-share conversion), not an open-market purchase or sale that signals buying/selling sentiment. A $0.00 price is typical for RSU vesting/settlement (no cash paid by the insider).
• The filing does not show any immediate sale of the newly issued shares; absence of a sale entry means no change in market exposure is documented here.