Bhairav Patel compensation by year
CENTERSPACE Summary Compensation Table · all 4 fiscal years held| Component | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Salary | $350,000 | $360,500 | $400,000 | $416,000 |
| Bonus | $0 | $0 | $0 | $0 |
| Stock awards | $479,354 | $494,921 | $489,270 | $482,420 |
| Option awards | $74,050 | $73,878 | $0 | $0 |
| Non-equity incentive | $240,975 | $522,725 | $691,124 | $760,114 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 |
| All other | $47,724 | $155,312 | $34,948 | $17,500 |
| Total | $1,192,103 | $1,607,336 | $1,615,342 | $1,676,034 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: CENTERSPACE DEF 14A filed April 3, 2026, accession 0000798359-26-000029, and prior-year filings.
How this page was built: the CENTERSPACE filed document, accession 0000798359-26-000029. Every figure is read from that document and cited to the page and table it appears in. Filed April 3, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 3,525 | $235,188 | — |
| RSU | 3,056 | $203,896 | — |
| RSU | 2,038 | $135,975 | — |
| RSU | 1,831 | $122,164 | — |
| RSU | 1,175 | $78,396 | — |
| Option | 3,332 | — | $58.67 |
| Option | 1,083 | — | $110.90 |
Per the Outstanding Equity Awards at Fiscal Year-End table in CENTERSPACE's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments CENTERSPACE discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Death | $0 | $363,358 | — | $363,358 |
| Involuntary termination without cause | $880,893 | $363,358 | — | $1,244,251 |
| Disability | $0 | $363,358 | — | $363,358 |
| Change in control, no termination | $0 | $363,358 | — | $363,358 |
| Change in control and involuntary termination | $1,664,000 | $802,443 | $48,893 | $2,515,336 |
| Change in control and resignation for good reason | $1,664,000 | $802,443 | $48,893 | $2,515,336 |
| Involuntary for cause | $0 | $0 | — | $0 |
Per the Potential Payments Upon Termination or Change in Control table in CENTERSPACE's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
CENTERSPACE’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Anne Olson | President, Chief Executive Officer and Secretary | $3,105,197 |
| Bhairav Patel · this page | Executive Vice President and Chief Financial Officer | $1,676,034 |
Bhairav Patel's compensation dossier, CENTERSPACE
You have read Bhairav Patel's totals and holdings. The dossier adds each equity grant CENTERSPACE disclosed for Bhairav Patel and CENTERSPACE's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are CENTERSPACE's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.