Star Equity (STRR) COO buys stock and receives new share awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Star Equity Holdings, Inc. Chief Operating Officer Richard Kenneth Coleman Jr. reported several equity transactions. On March 19, 2026, he received 4,537 shares of common stock as a grant or award. Footnotes explain that related restricted stock units vest over three years under the company’s incentive plan.
On March 25, 2026, 982 restricted stock units were settled into 982 shares of common stock at no cost, and he also made an open-market purchase of 977 common shares at $9.95 per share. After these transactions, he directly holds 19,977 common shares and 1,964 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 977 shares ($9,721)
Net Buy
4 txns
Insider
Coleman Richard Kenneth Jr.
Role
Chief Operating Officer
Bought
977 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 982 | $0.00 | -- |
| Purchase | Common Stock | 977 | $9.95 | $10K |
| Exercise | Common Stock | 982 | $0.00 | -- |
| Grant/Award | Common Stock | 4,537 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 1,964 shares (Direct);
Common Stock — 18,995 shares (Direct)
Footnotes (1)
- On March 19, 2026 (the "Grant Date"), restricted stock units ("RSUs") were granted to the Reporting Person under the Issuer's 2009 Incentive Stock and Awards Plan, as amended and restated. The RSUs are subject to time-based vesting conditions, vesting 33% on the first anniversary of the Grant Date (1,497 RSUs), 33% on the second anniversary of the Grant Date (1,497 RSUs), and 34% on the third anniversary of the Grant Date (1,543 RSUs). 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. On March 25, 2025, the Reporting Person was granted 2,946 Restricted Stock Units, as to this grant, one-third of the Restricted Stock Units vested on March 25, 2026, and one-third of the Restricted Stock Units are scheduled to vest on March 25, 2027 and on March 25, 2028, subject to the Reporting Person continuing to provide service through such date.
FAQ
What insider transactions did Star Equity (STRR) COO Richard Coleman report?
Star Equity COO Richard Coleman reported an equity grant, an RSU settlement, and an open-market share purchase. He received 4,537 common shares as a grant, 982 shares from vested RSUs, and bought 977 shares at $9.95 per share.
What equity awards did the Star Equity (STRR) COO receive in March 2026?
In March 2026, the COO received 4,537 shares of common stock as a grant and had 982 restricted stock units settle into common shares. The RSUs vest in tranches over three years, subject to continued service with the company.
How do the restricted stock units (RSUs) for Star Equity (STRR) COO vest?
The RSUs granted on March 19, 2026 vest over three years. They vest 33% on the first anniversary, another 33% on the second, and 34% on the third, assuming the COO continues providing service through each vesting date.
What does the RSU settlement mean for Star Equity (STRR) COO ownership?
The RSU settlement converted 982 vested restricted stock units into 982 shares of common stock at no cost. This increased the COO’s direct share ownership while reducing his unvested or unsettled RSU balance reported in the filing.