Fruhbeis Todd Michael 4
Research Summary
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Star Equity (STRR) Director Todd Fruhbeis Buys 700 Shares
What Happened
- Todd Michael Fruhbeis, a director of Star Equity Holdings, Inc. (STRR), purchased 700 shares of common stock in open-market transactions on June 1, 2026.
- The reported weighted-average price was $11.72 per share, for a total purchase value of $8,204. This was a purchase (acquisition) rather than a sale.
Key Details
- Transaction date: 2026-06-01 (reported on Form 4 filed 2026-06-03).
- Price: weighted average $11.72 per share; actual trade prices ranged from $11.65 to $11.79 (see footnote).
- Shares acquired: 700 shares, total value ≈ $8,204.
- Shares owned after transaction: total post-transaction holdings are not specified in the filing. The filing does note 12,516 Restricted Stock Units credited to the reporting person’s account under the issuer’s 2009 plan (each RSU converts to one share on its first anniversary).
- Footnotes: F1 explains the weighted-average price and that the purchase occurred in multiple trades at $11.65–$11.79; F2 describes the 12,516 RSUs and their settlement timing. The filer offers to provide per-trade details on request.
- Timeliness: Filed June 3, 2026 for a June 1, 2026 transaction (within the normal Form 4 reporting window).
Context
- This was a straightforward open-market purchase (transaction code P). Purchases by insiders can be of interest to investors as a potential sign of confidence, but the filing contains no explanation of motivation. No option exercises, gifts, or tax-withholding events were reported in this filing.