Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-24

Centerspace (CSR)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$3,105,197
Anne Olson total, FY2025
38th
CEO pay percentile vs peers
43:1
CEO-to-median pay ratio
97.67%
Say-on-pay support, latest vote
Companies that benchmark against CSR
9 companies name CSR as a compensation peer

Each company listed discloses CSR in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CSR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Anne Olson$600,000$0$1,391,378$0$1,096,319$0$17,500$3,105,197
President, Chief Executive Officer and Secretary
Bhairav Patel416,0000482,4200760,114017,5001,676,034
Executive Vice President and Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Anne Olson$3,105,197$2,992,339$2,209,687+112,858
Bhairav Patel1,676,0341,615,3421,607,336+60,692

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Dividend-equivalent accruals2026-05-135,3484 insiders, 4 accrual rows
John A. SchisselDirector2026-05-13A2,12400Derivative, Class A CommonForm 4 ↗
John A. SchisselDirector2026-06-01A2,29700CommonForm 4 ↗
Jay L. RosenbergDirector2026-06-01A1,44600CommonForm 4 ↗
Dividend-equivalent accruals2026-06-017,2305 insiders, 5 accrual rows
Rodney Jones-TysonDirector2026-06-01A1,44600CommonForm 4 ↗
Emily Nagle GreenDirector2026-06-01A1,44600CommonForm 4 ↗
Ola Oyinsan HixonDirector2026-06-01A1,44600CommonForm 4 ↗
John A. SchisselDirector2026-06-01D2,29700Derivative, Class A CommonForm 4 ↗
Mary J. TwinemDirector2026-06-01A1,44600CommonForm 4 ↗
John A. SchisselDirector2026-06-18A5005527,450CommonForm 4 ↗
Rodney Jones-TysonDirector2026-06-22A1,7005593,942CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 19 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Jay L. RosenbergDirector2026-05-13A1,337$0$0Derivative, Class A CommonForm 4 ↗
Rodney Jones-TysonDirector2026-05-13A1,33700Derivative, Class A CommonForm 4 ↗
Mary J. TwinemDirector2026-05-13A1,33700Derivative, Class A CommonForm 4 ↗
Ola Oyinsan HixonDirector2026-05-13A1,33700Derivative, Class A CommonForm 4 ↗
John A. SchisselDirector2026-05-13A2,12400Derivative, Class A CommonForm 4 ↗
John A. SchisselDirector2026-06-01A2,29700CommonForm 4 ↗
Jay L. RosenbergDirector2026-06-01A1,44600CommonForm 4 ↗
Mary J. TwinemDirector2026-06-01D1,44600Derivative, Class A CommonForm 4 ↗
Rodney Jones-TysonDirector2026-06-01A1,44600CommonForm 4 ↗
Ola Oyinsan HixonDirector2026-06-01D1,44600Derivative, Class A CommonForm 4 ↗
Emily Nagle GreenDirector2026-06-01A1,44600CommonForm 4 ↗
Emily Nagle GreenDirector2026-06-01D1,44600Derivative, Class A CommonForm 4 ↗
Rodney Jones-TysonDirector2026-06-01D1,44600Derivative, Class A CommonForm 4 ↗
Ola Oyinsan HixonDirector2026-06-01A1,44600CommonForm 4 ↗
John A. SchisselDirector2026-06-01D2,29700Derivative, Class A CommonForm 4 ↗
Mary J. TwinemDirector2026-06-01A1,44600CommonForm 4 ↗
Jay L. RosenbergDirector2026-06-01D1,44600Derivative, Class A CommonForm 4 ↗
John A. SchisselDirector2026-06-18A5005527,450CommonForm 4 ↗
Rodney Jones-TysonDirector2026-06-22A1,7005593,942CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Anne OlsonRSU2025-01-018,814$583,046
Bhairav PatelRSU2025-01-013,056202,154
Anne OlsonPSU2025-01-018,8148,81417,628808,332
Bhairav PatelPSU2025-01-013,0563,0566,112280,266
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Anne Olson$583,046$808,332$058.1%
Bhairav Patel202,154280,266058.1%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Bhairav PatelRSU1,175$78,396
Bhairav PatelRSU3,525235,188
Bhairav PatelRSU1,831122,164
Anne OlsonRSU3,378225,380
Anne OlsonOption5,64758.67
Bhairav PatelOption3,33258.67
Bhairav PatelRSU3,056203,896
Anne OlsonRSU5,876392,047
Anne OlsonRSU10,134676,140
Anne OlsonRSU5,492366,426
Anne OlsonOption1,882110.9
Bhairav PatelRSU2,038135,975
Bhairav PatelOption1,083110.9
Anne OlsonRSU8,814588,070
05

Incentive-plan design — the Compensation Discussion & Analysis

The Board believes that our compensation program for executive officers should: attract and retain highly qualified executives; motivate these executives to improve our financial position and increase shareholder value on an annual and long-term basis; target total compensation reflective of our relative size compared to peers; promote management accountability for financial and operational performance; provide a total compensation pay mix that includes base salary, and both cash and equity incentive components; and promote teamwork and cooperation within the management group and throughout the Company.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)
Independent consultantFerguson Partners Consulting L.P.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-1313,254,562315,79623,58397.67%Passed
20252025-05-1412,850,306527,34422,64496.06%Passed
20242024-05-2011,065,485425,53021,88196.3%Passed
20232023-05-169,559,9682,020,86232,18582.55%Passed
20222022-05-1711,434,520256,95915,22997.8%Passed
20212021-05-188,157,5371,375,15636,22085.57%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1397.67%a
20252025-05-1496.06%b
20242024-05-2096.3%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)43 : 1
CEO total compensation$3,105,197
Median employee compensation$72,118
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
John A. SchisselIndependent · Board Chair · Chair of the Board$100,000$139,359$0$0$0$239,359
Mary J. TwinemIndependent · Audit (Chair) · Compensation77,50087,729000165,229
Emily Nagle GreenIndependent · Nominating and Governance (Chair) · Audit · Not standing for re-election68,44887,729000156,177
Rodney Jones-TysonIndependent · Compensation (Chair) · Nominating and Governance67,84387,729000155,572
Jay L. RosenbergIndependent · Nominating and Governance · Audit61,29187,729000149,020
Ola Oyinsan HixonIndependent · Compensation57,50087,729000145,229
Anne OlsonEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$85,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 10,000
Stock ownership guideline5x annual base cash compensation
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$432,582
Equity awards (grant-date value)$578,004
All other compensation$0
Total cost of the board$1,010,586

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Centerspace names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Centerspace.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Apartment Investment and Management Company2025Wes Powell$700,000$2,956,757$0$1,841,595$10,762,352
2Veris Residential, Inc.2024Mahbod Nia800,0004,400,00002,169,7507,393,104
3Armada Hoffler Properties, Inc.2025Shawn Tibbetts672,3854,411,4280953,2506,091,906
4Four Corners Property Trust, Inc.2025William Lenehan724,6053,705,794005,701,486
5Independence Realty Trust, Inc.2025Scott Schaeffer800,0002,825,67501,127,2625,266,937
6SmartStop Self Storage REIT, Inc.2025Herbert Schwartz625,0003,800,0000406,4564,846,581
7American Assets Trust Inc.2025Adam Wyll750,0002,228,91601,428,7504,806,038
8CBL & Associates Properties, Inc.2025Stephen Lebovitz719,4421,723,20301,350,7434,604,645
9Elme Communities2024Paul McDermott750,0002,081,6710990,0003,980,371
10CTO Realty Growth, Inc.2025John Albright870,0001,778,42101,239,7503,905,735
11Centerspace2025Anne Olson600,0001,391,37801,096,3193,105,197
12UMH Properties, Inc.2025Samuel Landy842,6001,599,9980315,7502,909,784
13Whitestone REIT2024David Holeman493,2701,100,0000400,0002,400,145
14Clipper Realty, Inc.2025David Bistricer630,000835,000002,047,372
15BRT Apartments Corp.2025Jeffrey Gould1,023,798497,555001,912,560

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Centerspace182.7%RSU 50 · PSU 50Yes — TSR relative to FTSE Nareit Equity IndexFerguson Partners Consulting L.P.
American Assets Trust Inc.191%PSU 100Yes — Relative Total Shareholder Return (TSR) vs. S&P 600 Real Estate Indexnot disclosed
Apartment Investment and Management Company175.39%PSU 67 · RSU 33NoFerguson Partners
Armada Hoffler Properties, Inc.123%LTIP Units 100Yes — Relative TSR Performance v. Custom Peer GroupFerguson Partners
BRT Apartments Corp.not disclosedPSU 100Yes — total stockholder return (TSR)not disclosed
CBL & Associates Properties, Inc.129.0%PSU 70 · RSU 30Yes — Relative TSR vs. the Designated IndexFerguson Partners Consulting, L.P.
Clipper Realty, Inc.not disclosedLTIP Units 100not disclosednot disclosed
CTO Realty Growth, Inc.150%PSU 61 · RSU 39Yes — Relative TSRFerguson Partners Consulting
Elme Communitiesnot disclosednot disclosednot disclosedFerguson Partners Consulting L.P.
Four Corners Property Trust, Inc.125%PSU 50 · RSU 50Yes — Absolute Total Stockholder Return (TSR)Semler Brossy
Independence Realty Trust, Inc.203.4%PSU 75 · RSU 25Yes — Relative 3-year TSRnot disclosed
SmartStop Self Storage REIT, Inc.60%LTIP Units 100NoFerguson Partners Consulting (FPC)
UMH Properties, Inc.100%MSU 34 · RSU 33 · PSU 33Yes — Relative TSR vs MSCI US REIT IndexKorn Ferry
Veris Residential, Inc.271.2%RSU 50 · PSU 50Yes — Absolute TSRFW Cook
Whitestone REIT100%PSU 70 · RSU 30NoZayla Partners

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Anne OlsonDEF 14A2026-04-030000798359-26-000029Section “Summary Compensation Table”. As printed: 3,105,197. Filing ↗machine: t47 · r7 · c7 · span 589259–589268
2Section 01, Bhairav PatelDEF 14A2026-04-030000798359-26-000029Section “Summary Compensation Table”. As printed: 1,676,034. Filing ↗machine: t47 · r13 · c7 · span 597555–597564
3Section 03, Anne Olson RSUDEF 14A2026-04-030000798359-26-000029Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: t43 · r2 · c5 · span 523487–523492
4Section 03, Bhairav Patel RSUDEF 14A2026-04-030000798359-26-000029Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: t43 · r3 · c5 · span 524696–524701
5Section 03, Anne Olson PSUDEF 14A2026-04-030000798359-26-000029Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t48 · r7 · c12 · span 626791–626798
6Section 03, Bhairav Patel PSUDEF 14A2026-04-030000798359-26-000029Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t48 · r12 · c12 · span 634750–634757
7Section 07, pay ratioDEF 14A2026-04-030000798359-26-000029Section “CEO Pay Ratio”. As printed: 43 : 1. Filing ↗
8Section 08, John A. SchisselDEF 14A2026-04-030000798359-26-000029Section “Director Compensation”. As printed: 239,359. Filing ↗machine: t30 · r2 · c8 · span 356062–356069
9Section 08, Mary J. TwinemDEF 14A2026-04-030000798359-26-000029Section “Director Compensation”. As printed: 165,229. Filing ↗machine: t30 · r8 · c8 · span 365316–365323
10Section 08, Emily Nagle GreenDEF 14A2026-04-030000798359-26-000029Section “Director Compensation”. As printed: 156,177. Filing ↗machine: t30 · r4 · c8 · span 359233–359240
11Section 08, Rodney Jones-TysonDEF 14A2026-04-030000798359-26-000029Section “Director Compensation”. As printed: 155,572. Filing ↗machine: t30 · r6 · c8 · span 362190–362197
12Section 08, Jay L. RosenbergDEF 14A2026-04-030000798359-26-000029Section “Director Compensation”. As printed: 149,020. Filing ↗machine: t30 · r7 · c8 · span 363667–363674
13Section 08, Ola Oyinsan HixonDEF 14A2026-04-030000798359-26-000029Section “Director Compensation”. As printed: 145,229. Filing ↗machine: t30 · r5 · c8 · span 360711–360718
14Section 08, Anne OlsonDEF 14A2026-04-030000798359-26-000029Section “Director Compensation”. As printed: 0. Filing ↗
15Section 02, Jay L. Rosenberg 2026-05-13Form 42026-05-140000798359-26-000045Insider equity transaction reported since the proxy statement. Filing ↗
16Section 02, Rodney Jones-Tyson 2026-05-13Form 42026-05-140000798359-26-000047Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, Mary J. Twinem 2026-05-13Form 42026-05-140000798359-26-000043Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, Ola Oyinsan Hixon 2026-05-13Form 42026-05-140000798359-26-000049Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, John A. Schissel 2026-05-13Form 42026-05-140000798359-26-000051Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, John A. Schissel 2026-06-01Form 42026-06-020000798359-26-000067Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Jay L. Rosenberg 2026-06-01Form 42026-06-020000798359-26-000063Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Mary J. Twinem 2026-06-01Form 42026-06-020000798359-26-000065Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Rodney Jones-Tyson 2026-06-01Form 42026-06-020000798359-26-000061Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Ola Oyinsan Hixon 2026-06-01Form 42026-06-020000798359-26-000059Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Emily Nagle Green 2026-06-01Form 42026-06-020000798359-26-000069Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Emily Nagle Green 2026-06-01Form 42026-06-020000798359-26-000069Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Rodney Jones-Tyson 2026-06-01Form 42026-06-020000798359-26-000061Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Ola Oyinsan Hixon 2026-06-01Form 42026-06-020000798359-26-000059Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, John A. Schissel 2026-06-01Form 42026-06-020000798359-26-000067Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Mary J. Twinem 2026-06-01Form 42026-06-020000798359-26-000065Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Jay L. Rosenberg 2026-06-01Form 42026-06-020000798359-26-000063Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, John A. Schissel 2026-06-18Form 42026-06-230000798359-26-000071Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Rodney Jones-Tyson 2026-06-22Form 42026-06-240000798359-26-000073Insider equity transaction reported since the proxy statement. Filing ↗
34Section 06, 2026 voteForm 8-K2026-05-150000798359-26-000054Item 5.07 · say-on-pay result. As reported: 97.67% (votes for as printed: 13,254,562). Filing ↗
35Section 06, 2025 voteForm 8-K2025-05-150000798359-25-000044Item 5.07 · say-on-pay result. As reported: 96.06% (votes for as printed: 12,850,306). Filing ↗
36Section 06, 2024 voteForm 8-K2024-05-220000798359-24-000084Item 5.07 · say-on-pay result. As reported: 96.3% (votes for as printed: 11,065,485). Filing ↗
37Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
38Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
39Section 09b board cost (computed)ComputedcomputedCash 432,582 + equity 578,004 + all other 0 = 1,010,586, summed across the director compensation table rows.machine: formula: Σ = 1,010,586
40Apartment Investment and Management Company, Section 10b CEO totalDEF 14A2026-04-240001193125-26-177149CEO total compensation as printed in Apartment Investment and Management Company's own proxy. As printed: 10,762,352. Filing ↗machine: r4 · c38 · span 1693533–1693543
41Veris Residential, Inc., Section 10b CEO totalDEF 14A2025-04-290000924901-25-000035CEO total compensation as printed in Veris Residential, Inc.'s own proxy. As printed: 7,393,104. Filing ↗machine: t79 · r2 · c22 · span 686400–686409
42Armada Hoffler Properties, Inc., Section 10b CEO totalDEF 14A2026-04-300001569187-26-000061CEO total compensation as printed in Armada Hoffler Properties, Inc.'s own proxy. As printed: 6,091,906. Filing ↗machine: span 682444–682453
43Four Corners Property Trust, Inc., Section 10b CEO totalDEF 14A2026-04-160001140361-26-015137CEO total compensation as printed in Four Corners Property Trust, Inc.'s own proxy. As printed: 5,701,486. Filing ↗machine: r2 · c18 · span 641840–641849
44Independence Realty Trust, Inc., Section 10b CEO totalDEF 14A2026-03-190001437749-26-009071CEO total compensation as printed in Independence Realty Trust, Inc.'s own proxy. As printed: 5,266,937. Filing ↗machine: t171 · r1 · c25 · span 836781–836790
45SmartStop Self Storage REIT, Inc., Section 10b CEO totalDEF 14A2026-04-220001193125-26-170634CEO total compensation as printed in SmartStop Self Storage REIT, Inc.'s own proxy. As printed: 4,846,581. Filing ↗machine: span 365052–365061
46American Assets Trust Inc., Section 10b CEO totalDEF 14A2026-04-100001500217-26-000023CEO total compensation as printed in American Assets Trust Inc.'s own proxy. As printed: 4,806,038. Filing ↗machine: r5 · c54 · span 545070–545079
47CBL & Associates Properties, Inc., Section 10b CEO totalDEF 14A2026-04-220001193125-26-170410CEO total compensation as printed in CBL & Associates Properties, Inc.'s own proxy. As printed: 4,604,645. Filing ↗machine: r9 · c7 · span 1116408–1116417
48Elme Communities, Section 10b CEO totalDEF 14A2025-04-170000104894-25-000041CEO total compensation as printed in Elme Communities's own proxy. As printed: 3,980,371. Filing ↗machine: r3 · c27 · span 631991–632000
49CTO Realty Growth, Inc., Section 10b CEO totalDEF 14A2026-04-280001104659-26-050405CEO total compensation as printed in CTO Realty Growth, Inc.'s own proxy. As printed: 3,905,735. Filing ↗machine: t23 · r1 · c35 · span 620653–620662
50Centerspace (subject), Section 10b CEO totalDEF 14A2026-04-030000798359-26-000029CEO total compensation as printed in Centerspace's own proxy. As printed: 3,105,197. Filing ↗machine: t47 · r7 · c7 · span 589259–589268
51UMH Properties, Inc., Section 10b CEO totalDEF 14A2026-04-170001493152-26-017167CEO total compensation as printed in UMH Properties, Inc.'s own proxy. As printed: 2,909,784. Filing ↗machine: r6 · c31 · span 608102–608111
52Whitestone REIT, Section 10b CEO totalDEF 14A2025-04-040001437749-25-011049CEO total compensation as printed in Whitestone REIT's own proxy. As printed: 2,400,145. Filing ↗machine: span 932008–932017
53Clipper Realty, Inc., Section 10b CEO totalDEF 14A2026-04-300001437749-26-014021CEO total compensation as printed in Clipper Realty, Inc.'s own proxy. As printed: 2,047,372. Filing ↗machine: span 239614–239623
54BRT Apartments Corp., Section 10b CEO totalDEF 14A2026-04-200001140361-26-015498CEO total compensation as printed in BRT Apartments Corp.'s own proxy. As printed: 1,912,560. Filing ↗machine: r8 · c18 · span 468941–468950
55Section 10a, American Assets Trust Inc. reciprocityDEF 14A0001500217-26-000023American Assets Trust Inc.'s most recent proxy was read; its disclosed peer group does not include Centerspace. Filing ↗
56Section 10a, Armada Hoffler Properties, Inc. reciprocityDEF 14A0001569187-26-000061Armada Hoffler Properties, Inc. names Centerspace in its own disclosed peer group (read from its most recent proxy). Filing ↗
57Section 10a, Elme Communities reciprocityDEF 14A0000104894-25-000041Elme Communities names Centerspace in its own disclosed peer group (read from its most recent proxy). Filing ↗
58Section 10a, Independence Realty Trust, Inc. reciprocityDEF 14A0001466085-25-000037Independence Realty Trust, Inc.'s most recent proxy was read; its disclosed peer group does not include Centerspace. Filing ↗
59Section 10a, CTO Realty Growth, Inc. reciprocityDEF 14A0001104659-26-050405CTO Realty Growth, Inc.'s most recent proxy was read; its disclosed peer group does not include Centerspace. Filing ↗
60Section 10a, Four Corners Property Trust, Inc. reciprocityDEF 14A0001140361-26-015137Four Corners Property Trust, Inc. names Centerspace in its own disclosed peer group (read from its most recent proxy). Filing ↗
61Section 10a, Whitestone REIT reciprocityDEF 14A0001437749-25-011049Whitestone REIT names Centerspace in its own disclosed peer group (read from its most recent proxy). Filing ↗
62Section 10a, SmartStop Self Storage REIT, Inc. reciprocityDEF 14A0001193125-26-170634SmartStop Self Storage REIT, Inc. names Centerspace in its own disclosed peer group (read from its most recent proxy). Filing ↗
63Section 10a, Apartment Investment and Management Company reciprocityDEF 14A0001193125-26-177149Apartment Investment and Management Company names Centerspace in its own disclosed peer group (read from its most recent proxy). Filing ↗
64Section 10a, Veris Residential, Inc. reciprocityDEF 14A0000924901-25-000035Veris Residential, Inc. names Centerspace in its own disclosed peer group (read from its most recent proxy). Filing ↗
65Section 10a, UMH Properties, Inc. reciprocityDEF 14A0001493152-26-017167UMH Properties, Inc. names Centerspace in its own disclosed peer group (read from its most recent proxy). Filing ↗
66Section 10a, CBL & Associates Properties, Inc. reciprocityDEF 14A0001193125-26-170410CBL & Associates Properties, Inc.'s most recent proxy was read; its disclosed peer group does not include Centerspace. Filing ↗