Form 4: Star Equity Holdings Director Acquires Restricted Stock Units

Louis A. Parks, a director at Star Equity Holdings, acquired 485 Restricted Stock Units (RSUs) convertible to 10% Series A Cumulative Perpetual Preferred Stock on May 19, 2025.

Summary

• On May 19, 2025, Louis A. Parks, a director of Star Equity Holdings, acquired 485 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 granted was determined using the liquidation preference price of STRRP of $10.00.
• 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 regarding stock options, indicating a neutral sentiment.

Stakeholder Impact

• The acquisition of RSUs by a director may signal confidence in the company's future performance to shareholders.

Key Dates

Keywords

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