Fruhbeis Todd Michael 4
4 · Star Equity Holdings, Inc. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Star Equity (STRR) Director Todd Fruhbeis Receives Award
What Happened
Todd Michael Fruhbeis, a director of Star Equity Holdings, was granted 5,504 restricted stock units (RSUs) on May 27, 2026. The award was reported on a Form 4 filed May 28, 2026. The RSUs were granted at $0.00 cash price (i.e., no purchase price) and each RSU represents the right to receive one share of common stock at settlement.
Key Details
- Transaction date: May 27, 2026; Form 4 filed May 28, 2026 (appears timely).
- Transaction type/code: Grant/Award (A).
- Shares/units granted: 5,504 Restricted Stock Units; reported acquisition price $0.00.
- Vesting/settlement: Each RSU entitles the holder to one share, payable on the first anniversary of the grant date (per footnote F1).
- Additional holdings noted: Footnote F2 references 12,516 RSUs credited to the reporting person under the same plan (from prior awards), which vest on their respective anniversaries.
- Shares owned after transaction: Not specified in the filing.
- No tax-withholding sale or immediate sale reported — this is an award, not a market purchase or sale.
Context
RSUs are equity awards that convert into actual shares at settlement/vesting dates; they do not involve an immediate cash purchase or sale of stock. Grants like this are commonly used for compensation or retention and do not by themselves indicate buying or selling intent in the open market.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-05-27+5,504→ 18,978 total
Footnotes (2)
- [F1]Includes 5,504 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. The number of Restricted Stock Units granted was determined using the closing price on May 27, 2026.
- [F2]Includes 12,516 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 respective dates of grant of each award of Restricted Stock Units.