Susan Hallenberg - 20 May 2026 Form 4 Insider Report for Cottonwood Communities, Inc.

Reporting relationship: Chief Accounting Officer and Treasurer
Issuer ticker: N/A
Reported as of: 20 May 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 22 May 2026, 15:24:39 UTC
Prior SEC filing: 06 Jan 2026
Source filing: View source filing
Reporting owner signature: /s/ Adam Larson, attorney-in-fact

Key filing fact

Susan Hallenberg filed Form 4 for Cottonwood Communities, Inc. on 22 May 2026.

Key facts

This page summarizes Susan Hallenberg's Form 4 filing for Cottonwood Communities, Inc..
1 reported transaction and 2 derivative rows are listed below.
Accepted by SEC: 22 May 2026, 15:24.

Change

Previous filing in this sequence was filed on 06 Jan 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001809971 Primary reporting owner

Hallenberg Susan

Relationship: Chief Accounting Officer and Treasurer
Address: 1245 BRICKYARD ROAD, SUITE 250, SALT LAKE CITY
Signature: /s/ Adam Larson, attorney-in-fact
Signature date: 22 May 2026

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

No ticker transaction Derivative

CROP Units

Award

Transaction value
Shares: +2,572
Change %: +8.8%
Price: $11.36^*
Shares after: 31,892
Date: 20 May 2026
Ownership: Direct
Underlying class: Class I Common Stock, par value $0.01 per share
Underlying amount: 2,572
Exercise price
Footnotes: F1, F2

No ticker holding Derivative

CROP Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 70,335
Date: 20 May 2026
Ownership: Hallenberg Revocable Trust
Underlying class: Class I Common Stock, par value $0.01 per share
Underlying amount: 70,335
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents common units ("CROP Units") of Cottonwood Residential O.P., LP ("the Operating Partnership"), a Delaware limited partnership of which Cottonwood Communities, Inc., a Maryland corporation (the "Issuer"), is the sole member of the sole general partner. CROP Units may be redeemed for cash equal to the net asset value ("NAV") per share, determined pursuant to valuation procedures adopted by the Issuer's board of directors, of one share of the Issuer's Class I common stock or, at the Issuer's election, for shares of the Issuer's Class I common stock on a one-for-one basis. The CROP Units have no expiration date.

Footnote F2

The Reporting Person received CROP Units from the Operating Partnership as consideration for his ownership interest in APT Cowork, LLC ("APT"). The transaction was completed pursuant to a Membership Interest Purchase Agreement dated as of May 20, 2026 and effective as of April 1, 2026, pursuant to which the Operating Partnership acquired all of the issued and outstanding membership interests in APT for $1.1 million, inclusive of net working capital. The purchase price was based on a third-party opinion of value and the transaction was approved in advance by the Issuer's conflicts committee in the manner contemplated by Rule 16b-3 under the Securities Exchange Act of 1934, as amended. The issuance of the CROP Units was at the most recently determined NAV per unit of the Operating Partnership at the time the transaction was approved ($11.3615 as of February 28, 2026) and the consideration was allocated to the members consistent with their capital contributions.

SEC remarks

Chief Accounting Officer and Treasurer