Star Equity (STRR) insider withholds 13,149 shares for tax from RSU vesting

Rhea-AI Filing Summary

Star Equity Holdings, Inc. (STRR) reporting person Connia M. Nelson, a director, recorded a non-derivative disposition of 13,149 shares of Common Stock on 09/15/2025 at a reported price of $9.37 per share, leaving 35,350 shares beneficially owned. The filing is coded as transaction F and the explanatory note states these shares were withheld to satisfy tax obligations arising from the vesting of restricted stock units granted between May 6, 2019 and August 15, 2024. The form is signed on behalf of the reporting person by an attorney-in-fact.

Insights

Financial Analyst

TL;DR Routine insider tax-withholding reduced a director’s holdings by 13,149 shares; not a material corporate change.

The transaction reflects shares withheld to cover tax liabilities from vested restricted stock units rather than an open-market sale for liquidity or signaling. The reported price of $9.37 per share and remaining beneficial ownership of 35,350 shares are disclosed precisely. For investors, this is a routine administrative disposition tied to compensation vesting and does not in itself indicate a change in company strategy or governance.

Corporate Governance Expert

TL;DR Administrative withholding of vested RSUs by a director; standard practice and typically neutral for governance assessment.

The explanation clearly states the shares were withheld to satisfy tax obligations from RSU vesting spanning 2019–2024. The filing identifies the reporting person as a director and is executed via attorney-in-fact. This is consistent with common equity-compensation administration and does not reflect a voluntary divestiture or a change in board membership or control.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Nelson Connia M

(Last) (First) (Middle)

C/O STAR EQUITY HOLDINGS, INC.

53 FOREST AVENUE, SUITE 102

(Street)

OLD GREENWICH CT 06870

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Star Equity Holdings, Inc. [ STRR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/15/2025		F		13,149(1)	D	$9.37	35,350	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld to satisfy tax obligations due in connection with the vesting of restricted stock units previously granted to the Reporting Person on May 6, 2019 through August 15, 2024.

Remarks:

	/s/ Hannah Bible, as Attorney-in-Fact for Connia Nelson	09/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Connia M. Nelson report for Star Equity Holdings (STRR)?

The report discloses a disposition of 13,149 shares of Common Stock on 09/15/2025 at a reported price of $9.37 per share.

Why were the 13,149 shares disposed according to the Form 4?

The Form 4 states the shares were withheld to satisfy tax obligations due to the vesting of restricted stock units granted between May 6, 2019 and August 15, 2024.

How many shares does Connia M. Nelson beneficially own after the transaction?

The filing reports 35,350 shares beneficially owned following the reported disposition.

What is the reporting person’s relationship to Star Equity Holdings (STRR)?

The Form 4 indicates the reporting person, Connia M. Nelson, is a Director of the issuer.