Eberwein Jeffrey E. 4
Research Summary
AI-generated summary
Star Equity (STRR) CEO Jeffrey E. Eberwein Sells Shares
What Happened
Jeffrey E. Eberwein, CEO of Star Equity Holdings (STRR), completed several open‑market share sales and also had restricted stock units (RSUs) settle on their vesting date. He sold a total of 15,278 shares across three open‑market transactions (7,500; 424; 7,354) for aggregate proceeds of approximately $152,186. Separately, 740 RSUs converted/settled as common stock on March 25, 2026 (reported as derivative exercise/conversion).
Key Details
- Transaction dates and prices:
- 2026-03-25: Sold 7,500 shares at $9.95 — $74,625.
- 2026-03-25: Converted/settled 740 RSUs (M) — 740 shares acquired per footnote; a corresponding 740-share derivative disposition is also reported on 3/25.
- 2026-03-26: Sold 424 shares at $9.83 — $4,168.
- 2026-03-27: Sold 7,354 shares at $9.98 — $73,393.
- Total open‑market sale proceeds ≈ $152,186; 740 shares were acquired via RSU settlement on 3/25.
- Reported post‑transaction holdings (per footnote F3): 1,013,106 common shares, 14,621 restricted shares, and 6,750 RSUs; excludes 1,690 shares in retirement accounts.
- Footnotes:
- F1/F2/F4: The 740 shares arose from SOC RSUs exchanged and vested on March 25, 2026; each RSU equals one share at settlement.
- F3: Breakout of held restricted stock, RSUs, and common shares included in ownership totals.
- Filing/timeliness: Report filed 2026-03-27 for transactions occurring March 25–27, 2026 (no late‑filing indication in the form).
Context
- Sales (S) are open‑market dispositions; purchases would be more indicative of a bullish insider signal. The RSU entries (M) reflect conversion/settlement of restricted stock units that vested — such settlements are commonly part of compensation and may be followed by sales for liquidity or tax purposes. The form shows both the RSU settlement and separate open‑market sales; the filing does not provide the insider’s motivations.