Drake Mimi K 4
4 · Star Equity Holdings, Inc. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Star Equity (STRR) Director Mimi K. Drake Receives Award of 5,504 RSUs
What Happened Mimi K. Drake, a director of Star Equity Holdings, Inc. (STRR), received an award of 5,504 restricted stock units (RSUs) on May 27, 2026. The RSUs were granted at an acquisition price of $0 (standard for awards) and each RSU represents the right to receive one share of common stock payable on the first anniversary of the grant. The grant size/number was determined using the closing price on May 27, 2026.
Key Details
- Transaction date: May 27, 2026; form filed May 28, 2026 (appears timely).
- Award: 5,504 RSUs acquired (grant); acquisition price reported $0.
- Shares/units held after grant: the filing notes an additional 12,516 RSUs and 1,674 deferred shares credited to Drake’s account—bringing her to at least 18,020 RSUs (5,504 + 12,516) plus 1,674 deferred shares that each represent the right to one share at settlement.
- Footnotes: F1 describes the 5,504 RSUs and 1-year settlement; F2 lists prior RSUs and deferred shares and their settlement terms.
- No sale or open-market purchase; no 10b5-1 or tax-withholding transaction reported in this filing.
Context This transaction is a compensation award (grant of RSUs), not a market purchase or sale. RSUs convert to shares on the stated vesting/settlement dates (here, the first anniversary), so they do not immediately add tradable shares to the market. Such awards are common for directors and reflect compensation rather than an outright buying or selling signal.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-05-27+5,504→ 43,834 total
Footnotes (2)
- [F1]Includes 5,504 Restricted Stock Units credited to the Reporting Person's account under the Issuer's 2009 Incentive Stock and Awards Plan, as amended and restated. Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock payable upon the first anniversary of the grant date. The number of Restricted Stock Units granted was determined using the closing price on May 27, 2026.
- [F2]Includes 12,516 Restricted Stock Units and 1,674 deferred shares credited to the Reporting Person's account under the Issuer's 2009 Incentive Stock and Awards Plan, as amended and restated. Each Restricted Stock Unit and deferred share represents the right to receive, at settlement, one share of common stock payable upon the first anniversary of the respective dates of grant of each award of Restricted Stock Units.