Director at Star Equity (NASDAQ: HSON) buys 1,500 shares in market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Star Equity Holdings, Inc. director Louis A. Parks reported buying 1,500 shares of common stock in an open-market transaction at $10.01 per share on March 27, 2026, bringing his direct ownership to 9,309 shares.
On March 25, 2026, he also exercised 417 Restricted Stock Units at a $0.00 exercise price, receiving 417 shares of common stock as the award fully vested. Footnotes indicate he has 7,012 additional Restricted Stock Units credited under the company’s incentive plan, each representing one future share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,500 shares ($15,015)
Net Buy
3 txns
Insider
Parks Louis A.
Role
Director
Bought
1,500 shs ($15K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,500 | $10.01 | $15K |
| Exercise | Restricted Stock Unit | 417 | $0.00 | -- |
| Exercise | Common Stock | 417 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,309 shares (Direct);
Restricted Stock Unit — 0 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date. Includes 7,012 Restricted Stock Units credited to the Reporting Person's account under the Issuer's 2009 Incentive Stock and Awards Plan, as amended and restated. Each Restricted Stock Unit represents the right to receive, at settlement, one share of Common Stock payable upon the first anniversary of the Grant Date. On March 25, 2025, the Reporting Person was granted Restricted Stock Units by Star Operating Companies, Inc. ("SOC"), each of which represented the right to receive, at settlement, one share of SOC common stock ("SOC RSUs"). Pursuant to the Agreement and Plan of Merger, dated as of May 21, 2025, by and among SOC, the Issuer and HSON Merger Sub, Inc., a wholly owned subsidiary of the Issuer, the Reporting Person's SOC RSUs were exchanged for 417 Restricted Stock Units. As to this grant, one hundred percent (100%) of the Restricted Stock Units vested on March 25, 2026.
FAQ
What insider transaction did Star Equity (HSON) director Louis A. Parks report?
Louis A. Parks reported buying 1,500 shares of Star Equity common stock in the open market. The purchase, disclosed on Form 4, increases his direct holdings and follows a separate vesting of 417 restricted stock units into common shares.
What happened to Louis A. Parks’ restricted stock units in the recent Star Equity (HSON) filing?
A block of 417 restricted stock units fully vested and was settled into 417 shares of Star Equity common stock on March 25, 2026. This settlement is recorded with transaction code M, indicating the exercise or conversion of a derivative security.
Does Louis A. Parks still hold unvested RSUs in Star Equity Holdings (HSON)?
Footnotes state that 7,012 restricted stock units remain credited to his account under Star Equity’s 2009 Incentive Stock and Awards Plan. Each unit represents the right to receive one share of common stock upon settlement on the first anniversary of its grant date.