Form 4: Star Equity Holdings Officer Settles Restricted Stock Units
SEC Form 4 Filing
Hannah M. Bible, Chief Legal Officer of Star Equity Holdings, settled restricted stock units for shares of common stock on August 23, 2024.
Summary
- On August 23, 2024, Hannah M. Bible, Chief Legal Officer of Star Equity Holdings, settled restricted stock units (RSUs) for shares of common stock.
- This transaction involved the settlement of 400 RSUs, resulting in the acquisition of 400 shares of common stock.
- Additionally, 107 shares were withheld by the issuer to cover minimum statutory tax withholding requirements.
- Following these transactions, Ms. Bible directly owns 1,955 shares of Star Equity Holdings common stock.
- The reported securities numbers have been adjusted to reflect a 1-for-5 reverse stock split that occurred on June 12, 2024.
Sentiment
Score: 5
Explanation: This is a neutral event, reflecting the standard vesting of employee compensation. It doesn't inherently signal positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine settlement of previously granted compensation.
Key Dates
| Date | Description |
|---|---|
| 08/23/2021 | Reporting Person was granted 1,200 Restricted Stock Units (after giving effect to the Reverse Stock Split). |
| 08/23/2022 | One-third of the Restricted Stock Units vested. |
| 08/23/2023 | One-third of the Restricted Stock Units vested. |
| 06/12/2024 | The Issuer effected a 1-for-5 reverse stock split. |
| 08/23/2024 | Restricted Stock Units vested and were settled for common stock; transaction date. |
| 08/27/2024 | Date of Form 4 filing. |
Keywords
Form 4, Insider Trading, Restricted Stock Units, STAR EQUITY HOLDINGS, STRR, Hannah M. Bible, Chief Legal Officer, Stock Settlement, Reverse Stock Split
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