Form 4: Centerspace Director Mary J. Twinem Reports Stock Unit Transaction

Director Mary J. Twinem reports the acquisition of 1,307 common shares of beneficial interest through the vesting of restricted stock units.

Summary

• On May 20, 2025, Mary J. Twinem, a director of Centerspace, reported a transaction involving restricted stock units.
• Twinem acquired 1,307 common shares of beneficial interest upon the vesting of 1,307 restricted stock units.
• The transaction was executed under Transaction Code M, indicating the exercise or conversion of a derivative security.
• Following the reported transaction, Twinem directly owns 10,120 common shares of beneficial interest.
• Each restricted stock unit represents a contingent right to receive one common share of Centerspace.

Sentiment

Score: 5

Explanation: This is a routine transaction related to executive compensation and has a neutral sentiment.

Positives

• The vesting of restricted stock units indicates that the director is incentivized to improve the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.

Key Dates

Keywords

Centerspace, Director, Mary J. Twinem, Restricted Stock Units, Common Shares, Beneficial Ownership, Form 4, SEC Filing