Parks Louis A. 4

4 · Star Equity Holdings, Inc. · Filed Mar 27, 2026

AI-generated summary of this filing

Updated Mar 27, 2026

Star Equity (STRR) Director Louis Parks Buys 1,500 Shares

What Happened

Louis A. Parks, a director of Star Equity Holdings, reported two related transactions: the settlement/conversion of 417 Restricted Stock Units (RSUs) that vested on March 25, 2026, and an open-market purchase of 1,500 common shares on March 27, 2026 at $10.01 per share, costing $15,015. The RSU settlement was reported as an exercise/conversion (derivative transaction).

Key Details

Transactions and dates:
- March 25, 2026 — 417 RSUs settled/converted (reported as derivative exercise/conversion, code M). Footnotes indicate these were SOC RSUs exchanged for 417 issuer RSUs and vested on March 25, 2026.
- March 27, 2026 — Open-market purchase of 1,500 shares at $10.01 (code P), total $15,015.
Shares/units noted in filing: the filing references 7,012 RSUs credited under the issuer’s 2009 plan and the 417 RSUs that vested/settled. Each RSU represents the right to one share at settlement. The Form 4 does not state a single consolidated total of shares owned after these transactions.
Footnotes of note:
- F1/F2: RSUs equal one share at settlement; the 417 units represent scheduled vesting settlement.
- F3: 7,012 RSUs remain credited under the issuer plan (payable on their schedule).
- F4: Explains the SOC RSU-to-issuer-RSU exchange and the March 25, 2026 vesting.
Timeliness: Reported on March 27, 2026 for transactions on March 25–27, 2026; filing appears timely (within the typical two-business-day window).

Context

The RSU transaction is a settlement of equity awards (not a market sale) and reflects scheduled vesting rather than a directional trade. The March 27 open-market purchase is a straightforward insider buy (a bullish signal to some investors, though not proof of future performance). No 10b5‑1 trading plan, tax-withholding sale, or cashless exercise was indicated in the footnotes.

Form 4

Period: 2026-03-25

Director

Transactions

Exercise/Conversion
Common Stock
[F1][F2][F3]
2026-03-25+417→ 7,809 total
Purchase
Common Stock
2026-03-27$10.01/sh+1,500$15,015→ 9,309 total
Exercise/Conversion
Restricted Stock Unit
[F1][F2][F4]
2026-03-25−417→ 0 total
→ Common Stock (417 underlying)

Footnotes (4)

[F1]Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.
[F2]This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date.
[F3]Includes 7,012 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.
[F4]On March 25, 2025, the Reporting Person was granted Restricted Stock Units by Star Operating Companies, Inc. ("SOC"), each of which represented the right to receive, at settlement, one share of SOC common stock ("SOC RSUs"). Pursuant to the Agreement and Plan of Merger, dated as of May 21, 2025, by and among SOC, the Issuer and HSON Merger Sub, Inc., a wholly owned subsidiary of the Issuer, the Reporting Person's SOC RSUs were exchanged for 417 Restricted Stock Units. As to this grant, one hundred percent (100%) of the Restricted Stock Units vested on March 25, 2026.

Signature

s/ Hannah Bible, as Attorney-in-Fact for Louis Parks|2026-03-27

1 file