Palmer Jennifer 4

What Happened

• Jennifer Palmer, a director of Star Equity Holdings, Inc. (STRR), was granted 5,504 Restricted Stock Units (RSUs) on May 27, 2026. The grant is reported as an award/acquisition (code A) at $0.00 cash paid; each RSU represents the right to receive one share of common stock at settlement.
• The RSUs vest and are payable on the first anniversary of the grant date. The number of RSUs awarded was determined using the company’s closing stock price on May 27, 2026. This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-27; Report filed: 2026-05-28 (filed the next day, appears timely).
• Transaction type/code: Award/Grant (A); reported acquisition price: $0.00 (non-cash compensation).
• Award size: 5,504 RSUs; each RSU converts to one share upon settlement one year after grant.
• Footnote F1: Confirms the 5,504 RSUs vest and pay out one share per RSU on the first anniversary of the grant. The award count was based on the closing price on 5/27/2026.
• Footnote F2: Indicates the reporting person also has 12,516 RSUs credited under the company’s 2009 Incentive Stock and Awards Plan that similarly vest and settle on respective first anniversaries of their grant dates.
• Shares owned after transaction: Not specified in the Form 4 filing.

Context

• RSU grants are compensation awards and do not reflect an immediate cash purchase or sale of shares; they become actual shares only upon vesting/settlement (here, one year later). Because no sale or open-market purchase occurred, this does not directly signal immediate insider buying or selling activity.
• For retail investors, RSU grants are common executive/director compensation. They can lead to future share issuance when vested, which may dilute existing shareholders over time.