Form 4: Centerspace Director Rodney Jones-Tyson Acquires Restricted Stock Units
SEC Form 4 Filing
Director Rodney Jones-Tyson acquired 1,307 restricted stock units in Centerspace, vesting on May 20, 2025.
Summary
- Rodney Jones-Tyson, a director of Centerspace, filed a Form 4 indicating a transaction involving derivative securities.
- On May 20, 2024, Jones-Tyson acquired 1,307 restricted stock units (RSUs).
- These RSUs represent a contingent right to receive common shares of beneficial interest of Centerspace.
- The RSUs vest on May 20, 2025.
- Following the reported transaction, Jones-Tyson beneficially owns 1,307 derivative securities directly.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of transaction: Rodney Jones-Tyson acquired 1,307 restricted stock units. |
| 05/20/2025 | Vesting date of the 1,307 restricted stock units. |
| 05/21/2024 | Date of Form 4 filing. |
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