Diamond Matthew K 4
Research Summary
AI-generated summary
Star Equity (STRR) CAO Matthew K. Diamond Surrenders 763 Shares
What Happened
Matthew K. Diamond, Chief Accounting Officer of Star Equity Holdings, Inc. (STRR), had 763 shares of common stock withheld on 2026-05-29 to satisfy tax withholding obligations related to the vesting of performance-based restricted stock units. The withholding was reported as a disposition at $11.62 per share, totaling $8,866. This was a tax-withholding action (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-05-29; Form 4 filed: 2026-06-01 (filed within the required reporting window).
- Shares withheld/disposed: 763 at $11.62 per share; total value reported: $8,866.
- Reported beneficial ownership following the transaction: 20,175 (consisting of 4,813 Share Units under the 2009 Incentive Plan and 15,362 common shares, per the filing).
- Footnote F1: the 763 shares were withheld to satisfy tax withholding upon vesting of performance-based RSUs.
- Footnote F2: the reported ownership includes 4,813 Share Units (economic equivalents of shares) which may be settled in stock, cash, or a combination under the 2009 Plan.
Context
Tax-withholding dispositions like this are routine administrative actions when restricted stock units vest and do not represent a market sale or direct investment decision by the insider. They generally do not indicate a change in the insider’s market view of the company.