Parks Louis A. 4
Research Summary
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Star Equity (STRR) Director Louis A. Parks Receives 5,504 RSUs
What Happened Louis A. Parks, a director of Star Equity Holdings, Inc. (STRR), received an award of 5,504 Restricted Stock Units (RSUs) on May 27, 2026 (transaction code A). The grant is recorded at $0.00 per share on the Form 4 (no cash paid at grant). Each RSU represents the right to receive one share of common stock at settlement, which is payable on the first anniversary of the grant date. The number of RSUs granted was determined using the closing price on May 27, 2026.
Key Details
- Transaction date: 2026-05-27; Form 4 filed: 2026-05-28.
- Transaction type/code: Award (A); amount: 5,504 RSUs; price per unit reported: $0.00; immediate reported value: $0.
- Shares/units owned after the transaction: Not disclosed in this filing.
- Footnotes of note:
- F1: Confirms the 5,504 RSUs settle to one share each on the first anniversary of the grant; number was determined using the May 27, 2026 closing price.
- F2: Indicates the reporting person also has 12,516 RSUs credited under the same plan from other award dates (each settles to one share on their respective first anniversaries).
- Timeliness: Filed the next day; no late filing is indicated in the document.
Context RSU grants are a common form of equity compensation and are not an immediate purchase or sale — they give the holder the right to receive shares in the future if vesting/settlement conditions are met. This award does not itself signal a buy or sell decision by the director; its future value will depend on Star Equity’s share price at settlement.