Star Equity (STRR) COO Richard Coleman Receives 1,161 Shares

What Happened
Coleman Richard Kenneth Jr., Chief Operating Officer of Star Equity Holdings, settled restricted stock units (reported as exercise/conversion of a derivative) that resulted in 1,161 shares on July 27, 2026. The Form 4 shows the shares acquired (1,161) and a matching derivative disposition of 1,161 shares on the same date. No per-share price or cash value is reported (Price = N/A), consistent with RSU settlement treatment.

Key Details

• Transaction date: July 27, 2026 (reported on Form 4 filed July 29, 2026).
• Transaction type/code: M — exercise/conversion of a derivative (settlement of RSUs).
• Shares acquired: 1,161; Shares disposed (derivative): 1,161. Price: N/A.
• Holdings disclosed (footnote): reporting person’s holdings include 15,624 shares of common stock and 4,537 RSUs (per Footnote F3).
• Footnotes: F1–F2 confirm each RSU converts to one common share and this transaction represents scheduled RSU settlement; F4 notes the RSU grant vested on a three-year schedule beginning July 27, 2023.
• Filing timeliness: Form filed 7/29/2026 for a 7/27/2026 transaction (appears timely under Form 4 rules).

Context
RSU settlements convert units into shares at vesting and typically show Price = N/A because no open‑market trade occurred. The separate “disposed” derivative line in this filing is reported alongside the settlement; filings sometimes report shares withheld or transfers related to settlement, but the Form 4 here only shows the conversion and a matching derivative disposition without a cash value. These are award/vesting events rather than open‑market purchases or voluntary sales and should be interpreted as routine equity compensation activity.