CENTERSPACE — Director's Dealing 2026

Feb 4, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTERSPACE (CSR)
CIK: 0000798359
Period of Report: 2026-02-02

Reporting Person: Olson Anne (President, CEO & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-02	Common Shares of Beneficial Interest	A	1050	—	Acquired	27931	Direct
2026-02-02	Common Shares of Beneficial Interest	F	322	$63.83	Disposed	27609	Direct

Footnotes

F1: On January 1, 2023, the reporting person was granted a performance share award based on the Company's total shareholder return ("TSR") compared to the FTSE Nareit Equity Index (the "REIT Index") for the measurement period of January 1, 2023 through December 31, 2025. For the measurement period, the Company's estimated TSR was at 70.8 percentile of the benchmark index resulting in a payout of 183.20% of target, or 9,227 shares, being issued under the performance share award. 90% of the performance or 8,177 shares were accelerated and issued on December 26, 2025 and remaining 10% of the performance or 1,050 shares were issued on February 2, 2026.

F2: Shares withheld for payment of taxes in connection with the vesting of performance share award.

F3: The stock price reflects the fair market value of the Company's common shares of beneficial interest as of February 2, 2026.