secwatch.observer — SEC 8-K summary
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Issuer:     CENTERSPACE (CSR)
CIK:        0000798359
Form:       8-K
Filed at:   2021-11-08T23:59:59+00:00
Accession:  0000798359-21-000031
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centerspace appoints Bhairav Patel as EVP/CFO; current CFO John Kirchmann to depart in H1 2022
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- Bhairav Patel, former EVP Finance at New Senior, will become CFO in Q1 2022 after transition with current CFO John Kirchmann.
- Patel's compensation includes $350K base salary, 100% STIP/LTIP targets, a $150K RSU grant vesting over three years, and a company-paid apartment.
- John Kirchmann will remain CFO through the transition and leave in the first half of 2022 to pursue other opportunities.
- Patel previously served as Interim CFO of New Senior until its acquisition by Ventas in September 2021.
- No related-party transactions or family relationships between Patel and any director or officer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798359/000079835921000031/0000798359-21-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798359/000079835921000031/iret-20211108.htm
  HTML page:      https://secwatch.observer/filing/0000798359-21-000031

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