Form 4: Centerspace Director Jeffrey Caira Acquires Shares Through Restricted Stock Unit Conversion
SEC Form 4 Filing
Director Jeffrey Caira acquired 1,380 common shares of Centerspace through the conversion of restricted stock units on May 16, 2024.
Summary
- On May 16, 2024, Jeffrey Caira, a director of Centerspace, acquired 1,380 common shares of beneficial interest.
- This acquisition was a result of the conversion of 1,380 restricted stock units.
- The price per share for the conversion was $0.
- Following the transaction, Caira directly owns 20,302 common shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Jeffrey Caira acquired 1,380 common shares through conversion of restricted stock units. |
| 05/17/2024 | Date of signature on the Form 4 filing. |
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