Form 4: Star Equity Holdings CFO Settles Restricted Stock Units for Common Stock
SEC Form 4 Filing
David J. Noble, CFO of Star Equity Holdings, settled 3,311 restricted stock units for an equivalent number of common stock shares on March 4, 2024.
Summary
- On March 4, 2024, David J. Noble, the CFO of Star Equity Holdings, settled 3,311 restricted stock units (RSUs).
- Each RSU was converted into one share of common stock.
- This transaction increased Noble's direct ownership to 113,443 shares of common stock.
- The RSUs were granted on March 3, 2021, and vested in three equal installments annually.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the standard vesting and settlement of previously granted equity compensation.
Stakeholder Impact
- The settlement of RSUs may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/03/2021 | Grant date of the Restricted Stock Units |
| 03/04/2024 | Date of transaction: settlement of Restricted Stock Units for common stock |
| 03/05/2024 | Date of signature on the Form 4 filing |
Keywords
Form 4, Insider Trading, Restricted Stock Units, Common Stock, Star Equity Holdings, STRR, David J. Noble, CFO, Settlement, Vesting
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