Schissel John A 4

What Happened

• John A. Schissel, a director of Centerspace (CSR), converted/exercised 2,297 restricted stock units (RSUs) into 2,297 common shares on 2026-06-01. The reported acquisition price was $0.00 per share (total $0), and a corresponding derivative disposition of 2,297 units at $0.00 was also reported. This was a conversion of a derivative award, not an open-market buy or sale.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (timely filing).
• Reported amounts: 2,297 shares acquired at $0.00; 2,297 derivative units disposed at $0.00.
• Shares owned after transaction: not specified in the provided excerpt.
• Footnote: F1 — each restricted stock unit represents the contingent right to receive one Centerspace common share (1:1 conversion).
• Transaction code M indicates exercise or conversion of a derivative; the disposed derivative line reflects cancellation/settlement of the RSUs upon conversion.

Context

• This was not a market purchase or sale; it reflects RSUs converting into common shares with no cash paid at exercise. Such conversions are routine award settlements and do not by themselves indicate a buy or sell sentiment by the insider.