Form 4: Star Equity Holdings Director Acquires Restricted Stock Units

Todd Michael Fruhbeis, a director of Star Equity Holdings, acquired 535 Restricted Stock Units representing the right to receive 10% Series A Cumulative Perpetual Preferred Stock on May 19, 2025.

Summary

• On May 19, 2025, Todd Michael Fruhbeis, a director of Star Equity Holdings, acquired 535 Restricted Stock Units (RSUs).
• Each RSU represents the right to receive one share of 10% Series A Cumulative Perpetual Preferred Stock.
• The RSUs were granted under the company's 2018 Incentive Plan, as amended.
• The number of RSUs was determined using a liquidation preference price of $10.00 per share of STRRP.
• The RSUs are scheduled to vest on the first anniversary of the grant date.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a standard compensation practice. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The RSUs are scheduled to vest upon the first anniversary of the Grant Date.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Key Dates

Keywords

Restricted Stock Units, Director, Star Equity Holdings, STRR, Form 4, Beneficial Ownership, Incentive Plan, Series A Preferred Stock