Drake Mimi K 4

What Happened
Mimi K. Drake, a director of Star Equity Holdings, Inc. (STRR), acquired 1,000 shares on 2026-06-05 at $11.65 per share, for a total cash outlay of $11,650. The transaction is reported as a purchase (code P), listed as an open-market or private purchase on the Form 4.

Key Details

• Transaction date: 2026-06-05; Price: $11.65 per share; Shares acquired: 1,000; Total value: $11,650.
• Transaction type: Purchase (Form 4 code P) — reported as open-market or private purchase.
• Filing date: Form 4 was filed 2026-06-15 (10 days after the trade). The SEC typically requires Form 4 filings within two business days of the transaction, so the filing interval exceeds that window.
• Footnote: The filing notes (F1) that the reporting person has 12,516 Restricted Stock Units and 1,674 deferred shares under the issuer’s 2009 Incentive Stock and Awards Plan; each RSU/deferred share converts to one share upon settlement (payable on the first anniversary of each grant).
• Shares owned after the transaction: the Form 4 does not disclose a total "owned after" number aside from the RSU/deferred-share detail in F1.

Context
Purchases by insiders can be interpreted as a positive signal because insiders are spending personal funds to buy equity, but they should be weighed with other information (timing, size, and the insider’s overall holdings). This filing shows a modest open-market purchase by a director rather than a large block acquisition.