Director Louis A. Parks granted 5,504 RSUs at Star Equity Holdings (STRR)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parks Louis A. reported acquisition or exercise transactions in this Form 4 filing.
Star Equity Holdings, Inc. director Louis A. Parks received a grant of 5,504 shares of Common Stock in the form of Restricted Stock Units under the company’s 2009 Incentive Stock and Awards Plan. After this award, he holds 14,813 shares directly, including prior RSU awards that will settle in stock on their first anniversaries.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Parks Louis A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,504 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 14,813 shares (Direct, null)
Footnotes (1)
- 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. 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.
Key Figures
RSUs granted: 5,504 shares
Shares after transaction: 14,813 shares
Prior RSU balance: 12,516 units
+1 more
4 metrics
RSUs granted
5,504 shares
Restricted Stock Units granted on May 27, 2026
Shares after transaction
14,813 shares
Total Common Stock held directly after grant
Prior RSU balance
12,516 units
Previously credited Restricted Stock Units under 2009 Plan
Grant price per share
$0.0000
Compensation grant, not open-market purchase
Key Terms
Restricted Stock Units, 2009 Incentive Stock and Awards Plan, grant date
3 terms
Restricted Stock Units financial
"Includes 5,504 Restricted Stock Units credited to the Reporting Person's account under the Issuer's 2009 Incentive Stock and Awards Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2009 Incentive Stock and Awards Plan financial
"under the Issuer's 2009 Incentive Stock and Awards Plan, as amended and restated"
grant date financial
"payable upon the first anniversary of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What insider transaction did Louis A. Parks report at Star Equity Holdings (STRR)?
Louis A. Parks reported receiving 5,504 shares of Common Stock as a grant of Restricted Stock Units under Star Equity’s 2009 Incentive Stock and Awards Plan, as amended and restated, with settlement in stock on the first anniversary of the grant date.
What are the terms of the 5,504 Restricted Stock Units granted to Louis A. Parks?
The 5,504 Restricted Stock Units give Louis A. Parks the right to receive one share of Star Equity Common Stock for each unit. These shares are payable upon the first anniversary of the grant date, with the grant size based on the closing price on May 27, 2026.
What prior Restricted Stock Unit awards does Louis A. Parks have at Star Equity (STRR)?
In addition to the new 5,504-unit grant, Louis A. Parks has 12,516 previously credited Restricted Stock Units. Each unit represents one share of common stock payable at settlement on the first anniversary of the respective grant dates under the 2009 Incentive Stock and Awards Plan.