CenterSpace Files 8-K on Security Holder Votes

TL;DR

CenterSpace filed an 8-K on May 20th about shareholder votes. Nothing major, just standard procedure.

AI Summary

On May 20, 2024, CenterSpace (formerly Investors Real Estate Trust) filed an 8-K to report on matters submitted to a vote of its security holders. The filing details the company's corporate structure and its status as a North Dakota-incorporated entity.

Why It Matters

This filing provides transparency regarding decisions made by CenterSpace's security holders, which can impact the company's strategic direction and shareholder value.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of matters submitted to a vote of security holders and does not indicate any new or significant risks.

Key Numbers

• 001-35624 — SEC File Number (Identifies the company's filing history with the SEC.)
• 45-0311232 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• CenterSpace (company) — Registrant
• Investors Real Estate Trust (company) — Former company name
• May 20, 2024 (date) — Date of earliest event reported
• North Dakota (location) — State of incorporation

FAQ

Filing Documents

• iret-20240520.htm (8-K) — 47KB
• 0000798359-24-000084.txt ( ) — 211KB
• iret-20240520.xsd (EX-101.SCH) — 2KB
• iret-20240520_def.xml (EX-101.DEF) — 16KB
• iret-20240520_lab.xml (EX-101.LAB) — 28KB
• iret-20240520_pre.xml (EX-101.PRE) — 16KB
• iret-20240520_htm.xml (XML) — 4KB

07. Submission or Matters to a Vote of Security Holders

Item 5.07. Submission or Matters to a Vote of Security Holders. On May 20, 2024, Centerspace held its 2024 Annual Meeting of Shareholders (the "Annual Meeting"). As of March 25, 2024, the record date for holders of common shares of beneficial interest ("common shares") entitled to vote at the Annual Meeting, there were 14,888,553 common shares outstanding and entitled to vote at the Annual Meeting. Of the common shares entitled to vote, 12,974,662, or approximately 87.14% of the common shares, were present or represented by proxy at the Annual Meeting, constituting a quorum under the Company's Declaration of Trust. There were three matters presented and voted on at the Annual Meeting. Set forth below is a brief description of each matter voted on at the Annual Meeting and the final voting results with respect to each such matter. Proposal 1 - Election of seven nominees to serve on the Board of Trustees for a one-year term and until their respective successors are duly elected and qualified. Nominee For Against Abstain Broker Non-Votes John A. Schissel 11,417,020 79,858 16,018 1,461,766 Jeffrey P. Caira 11,363,795 131,064 18,037 1,461,766 Emily Nagle Green 11,372,612 130,708 9,576 1,461,766 Ola Oyinsan Hixon 11,480,423 19,860 12,613 1,461,766 Rodney Jones-Tyson 11,349,503 152,304 11,089 1,461,766 Anne Olson 11,446,499 56,805 9,592 1,461,766 Mary J. Twinem 11,432,210 71,263 9,423 1,461,766 The shareholders elected all seven of the nominees as Trustees. Proposal 2 - Non-binding advisory resolution on executive compensation. For Against Abstain Broker Non-Votes Votes Cast 11,065,485 425,530 21,881 1,461,766 The shareholders approved the non-binding advisory resolution on executive compensation. Proposal 3 - Ratification of Grant Thornton LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024. For Against Abstain Broker Non-Votes Votes Cast 12,882,391 71,259 21,012 0 The shareholders ratified the

View Full Filing

View this 8-K filing on SEC EDGAR