Jones-Tyson Rodney 4

What Happened

• Rodney Jones‑Tyson, a director of Centerspace (CSR), had 1,446 restricted stock units (RSUs) converted/exercised into 1,446 common shares on June 1, 2026. The Form 4 reports an acquisition of 1,446 shares at $0.00 and a corresponding disposal of the derivative instrument (the RSUs) at $0.00. No cash payment or open‑market sale of the resulting shares is shown in this filing.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (appears timely).
• Transaction code: M (exercise or conversion of a derivative instrument).
• Shares acquired: 1,446 common shares at $0.00 per share (total cash reported $0).
• Derivative disposed: 1,446 RSUs at $0.00 (the RSU award was converted/settled).
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnote: F1 — each restricted stock unit represents a contingent right to receive one common share of Centerspace.

Context

• This appears to be a routine RSU vesting/settlement (conversion of the derivative into shares) rather than an open‑market purchase or sale. The $0.00 amounts reflect conversion/settlement mechanics typical of RSUs (no exercise price paid); the filing does not show an immediate public sale of the shares. Such conversions are generally compensation-related and do not by themselves indicate the insider’s market view.