CENTERSPACE 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Sales of Securities On May 31, 2025, we issued an aggregate of 3,460 unregistered common shares to limited partners of Centerspace, LP upon exercise of their Exchange Rights for an equal number of Units. On June 1, 2025, we issued an aggregate of 74 unregistered restricted stock units to our employees and 9,527 unregistered restricted stock units to our trustees as part of their annual equity compensation under our 2025 Incentive Plan. All such issuances of our common shares and restricted stock units were exempt from registration as private placements under Section 4(a)(2) of the Securities Act. We have registered the resale of such common shares under the Securities Act. Issuer Purchases of Equity Securities Maximum Dollar Total Number of Shares Amount of Shares That Total Number of Average Price Purchased as Part of May Yet Be Purchased Shares and Units Paid per Publicly Announced Under the Plans or Period Purchased (1) Share and Unit (2) Plans or Programs Programs (3) April 1 - 30, 2025 30 $ 64.01 — $ — May 1 - 31, 2025 — — — — June 1 - 30, 2025 52,500 100.00 — — Total 52,530 $ 99.98 — (1) Includes Units and Series D preferred units redeemed for cash pursuant to the exercise of exchange rights. (2) Amount is based on market prices and includes commissions paid. (3) On March 10, 2022, the board authorized a new $50.0 million share repurchase program. This program expired on March 10, 2025. Item 3. Defaults Upon Senior Securities None Item 4. Mine Safety Disclosures Not Applicable