Star Equity (STRR) COO Coleman Richard Kenneth Jr. Buys Preferred Stock

What Happened

• Coleman Richard Kenneth Jr., Chief Operating Officer of Star Equity Holdings, purchased 977 shares of the company's 10% Series A Cumulative Perpetual Preferred Stock on March 25, 2026, at $9.95 per share for a total of $9,721. The transaction was reported as a purchase (code P). This filing is an amendment: an earlier Form 4 (filed Mar 27, 2026) incorrectly reported the purchase as Common Stock; the amendment (Accession 0001556224-26-000006) corrects that the acquisition was of Preferred Stock.

Key Details

• Transaction date: March 25, 2026
• Price and amount: 977 shares at $9.95 each; total cost $9,721
• Security acquired: 10% Series A Cumulative Perpetual Preferred Stock (not Common Stock)
• Filing: Amended Form 4 filed July 31, 2026 to correct previously reported security type
• Post-transaction beneficial ownership: Not specified in this amendment; future Form 4s will disclose corrected common- and preferred-stock holdings
• Transaction code: P = Purchase

Context

• This was a direct purchase of company preferred shares. Preferred stock typically carries dividend preference (here described as 10% cumulative) and may have different voting or convertibility features than common stock, so such purchases are not directly equivalent to buying common equity. The dollar amount is modest ($9.7K), and the amended filing corrects the record rather than indicating a new/late trade disclosure of the original purchase.