4Filed Jul 15, 8:00 PM ET

Star Equity (STRR) CEO Jeffrey E. Eberwein Receives Restricted Stock Award

$STRR · Star Equity Holdings, Inc.

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Star Equity (STRR) CEO Jeffrey E. Eberwein Receives Restricted Stock Award

What Happened

  • Jeffrey E. Eberwein, Chief Executive Officer of Star Equity Holdings, received an award of 5,388 restricted shares (transaction code A) on July 15, 2026. The shares were granted at $0.00 (i.e., as compensation), so no cash was exchanged.
  • The restricted shares were issued under the Issuer's 2009 Incentive Stock and Awards Plan. Mr. Eberwein elected to receive 50% of his base salary in restricted stock. Each restricted share vests on the first anniversary of the grant date and, at settlement, represents the right to one share of common stock.

Key Details

  • Transaction date and filing: Grant dated 2026-07-15; Form 4 filed 2026-07-16 (timely; Form 4 is generally due within two business days).
  • Price and amount: 5,388 restricted shares granted at $0.00 (award/compensation).
  • Holdings reported after transaction: filing discloses beneficial ownership including 1,097,839 common shares, plus restricted stock and RSUs (26,513 restricted shares, 6,750 RSUs) and the newly credited 5,388 restricted shares; excludes 2,000 shares indirectly owned in 401(k)/IRA accounts (per footnotes).
  • Plan and vesting: Issued under the 2009 Incentive Stock and Awards Plan; each share vests on the first anniversary of the grant.
  • Transaction code: A = Award/Grant.

Context

  • These restricted shares are a form of compensation, not an open-market purchase or sale; they vest over time and convert to common shares at settlement, so they do not represent immediate liquidation or new cash invested by the insider.
  • Such awards are commonly used to align management compensation with shareholder value; they should be interpreted as compensation arrangements rather than direct market bets.