Form 4: Star Equity Holdings Officer Settles Restricted Stock Units

Thatcher Butcher, President KBS of Star Equity Holdings, settled 1,594 Restricted Stock Units into common stock on March 13, 2025.

Summary

• On March 13, 2025, Thatcher Butcher, President KBS of Star Equity Holdings, settled 1,594 Restricted Stock Units (RSUs) into shares of common stock.
• This transaction occurred on the scheduled vesting date of the RSUs.
• Following the transaction, Butcher directly owns 7,345 shares of common stock and 3,187 RSUs.
• The RSUs were granted on March 13, 2024, and vest in three equal installments on March 13, 2025, March 13, 2026, and March 13, 2027.
• All figures have been adjusted to reflect a 1-for-5 reverse stock split that occurred on June 12, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock option exercises, which is neither particularly positive nor negative.

Positives

• The vesting of RSUs indicates continued service and commitment of the executive to the company.

Future Outlook

The remaining Restricted Stock Units are scheduled to vest on March 13, 2026, and March 13, 2027, subject to continued service.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider transactions.

Key Dates